Go Digit General Insurance IPO, backed by Virat Kohli, opened for subscription on May 15th and will close on May 17th. The issue size is ₹ 2,614.65 crore, including a fresh issue of 4.14 crore shares worth ₹ 1,125 crore and an offer for sale of 5.48 crore shares worth ₹ 1,489.65 crore. Here are key points to consider before investing:
Go Digit General Insurance is preparing to launch its initial public offering (IPO) next week, potentially on May 15, as reported by ET Now. The price band for the issue will be announced on May 10, and the anchor book is expected to open on May 14. The company aims to raise ₹1,500 crore through the IPO, including a fresh share sale of ₹1,250 crore and an offer-for-sale (OFS) of up to ₹250 crore by its promoters and existing shareholders.
