Go Digit IPO Allotment Finalized: Check Status Online
Introduction:
The much-anticipated allotment for Go Digit General Insurance Ltd’s initial public offering (IPO) has been finalized. The IPO, which witnessed strong demand from investors, opened for subscription on May 15 and concluded on May 17. The listing of Go Digit’s shares is scheduled for May 23 on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
How to Check Allotment Status:
Individuals who applied for the Go Digit IPO can check their allotment status online through Link Intime India Pvt Ltd, the registrar of the IPO. Here are the steps to follow:
1. Visit the Link Intime India website: https://linkintime.co.in/initial_offer/public-issues.html
2. Select ‘Go Digit General Insurance Limited’ from the ‘Select Company’ dropdown menu.
3. Choose the mode of verification (PAN, Application Number, DP/Client ID, or Account Number/IFSC) and enter the relevant details.
4. Click on ‘Submit’ to view your Go Digit IPO allotment status.
Share Price Premium in Grey Market:
Trading in the grey market suggests that Go Digit shares are commanding a premium of ₹26 over their issue price of ₹272 apiece. This implies an estimated listing price of ₹298, representing a premium of 9.56% to the issue price.
IPO Details:
The price band for the Go Digit IPO was ditetapkan at ₹258 to ₹272 per share. The IPO comprised a fresh issue of 4.14 crore equity shares totaling ₹1,125 crore and an offer for sale (OFS) component of 5.48 crore shares amounting to ₹1,489.65 crore. The book running lead managers for the Go Digit IPO are ICICI Securities, Morgan Stanley India Company, Axis Capital, HDFC Bank, IIFL Securities, and Nuvama Wealth Management.
Conclusion:
The allotment of Go Digit’s IPO has been finalized, and the company’s shares are poised to list on the BSE and NSE on May 23. Applicants can conveniently check their allotment status online through the Link Intime website. With a robust grey market premium, Go Digit’s IPO is anticipated to generate significant interest among investors.
