Go Digit IPO Date, Review, GMP, Price, Allotment Details
Are you ready to dive into the world of upcoming IPOs and explore a promising opportunity? Get ready to learn all about the highly anticipated Go Digit IPO – from its review and price details to allotment dates and financial reports. Whether you’re a seasoned investor or just starting out, this article will provide valuable insights to help you decide whether to jump on board with this exciting IPO. Let’s unravel the Go Digit Insurance IPO together!
Table of Contents
Go Digit IPO Review (Apply or Not)
The Go Digit IPO has been generating buzz in the investment world as a potential game-changer. With its innovative approach to insurance services and solid financial performance, many investors are considering whether to apply for this IPO.
One key aspect to consider is the company’s growth prospects and market position within the insurance industry. Understanding how Go Digit plans to leverage its strengths can help investors make an informed decision on whether it’s worth investing in. Furthermore, analyzing the price band set for the IPO against comparable companies in the sector can provide insight into its valuation and potential upside. Evaluating these factors alongside your own investment goals and risk tolerance is crucial when deciding whether or not to apply for the Go Digit IPO.
Brokerage Firm IPO Review
When considering investing in an IPO, it’s crucial to look at brokerage firm reviews to gauge market sentiment and expert opinions. Brokerage firms play a pivotal role in analyzing the potential of an IPO, providing valuable insights for investors. These firms conduct thorough research on the company going public, assessing its financial health, growth prospects, and industry trends. Their recommendations can be influential in shaping investor decisions and confidence in the IPO.
Go Digit IPO Date & Price Band Details
Exciting news for investors looking to capitalize on the upcoming Go Digit IPO! The IPO date has been set, and eager participants can mark their calendars for the opportunity to get in on the action. As for the price band details, potential investors will be keen to know the range within which they can place their bids.
| Go Digit IPO | Date & Price |
|---|---|
| IPO Open: | May 15, 2024 |
| IPO Close: | May 17, 2024 |
| IPO Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹1125 Crores |
| Offer for Sale: | Approx ₹[.], 109,445,561 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹258 to ₹265 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Stay tuned for further updates regarding any changes or developments related to the Go Digit IPO date and price band details as they become available. This highly anticipated offering is sure to generate significant buzz in the financial markets as investors assess its potential value proposition.
Go Digit Insurance IPO Market Lot
Are you considering investing in the Go Digit Insurance IPO but unsure about the market lot? The market lot refers to the minimum number of shares an investor can purchase during an initial public offering. In the case of Go Digit Insurance, the market lot size is typically determined by the company and regulatory requirements.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
By knowing the market lot size, investors can calculate their total investment amount and make informed choices based on their budget and risk tolerance. Stay informed about this crucial aspect of IPO investing to ensure a smooth and successful investment experience in Go Digit Insurance.
Go Digit IPO Allotment & Listing Dates
Excitement is building up as investors eagerly await the Go Digit IPO allotment and listing dates. The process of allotting shares to investors will determine who gets a piece of the pie in this highly anticipated offering. Once the shares are allotted, all eyes will turn towards the listing date when they officially start trading on the stock exchange.
| Price Band Announcement: | May 14, 2024 |
| IPO Open Date: | May 15, 2024 |
| IPO Close Date: | May 17, 2024 |
| Basis of Allotment: | May 21, 2024 |
| Refunds: | May 22, 2024 |
| Credit to Demat Account: | May 22, 2024 |
| IPO Listing Date: | May 23, 2024 |
Go Digit Insurance IPO Form
Are you ready to invest in the upcoming Go Digit Insurance IPO? To participate in this exciting opportunity, you’ll need to fill out the IPO application form. The form will require basic details such as your name, contact information, and bank account details for payment.
Go Digit Insurance Company Financial Report
Go Digit Insurance Company’s financial report indicates a strong growth trajectory with promising numbers. The company has shown consistent revenue growth over the years, reflecting its robust business model and market positioning. Profit margins have been impressive, showcasing efficient cost management strategies.
₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹- | ₹- | ₹- |
| 2022 | ₹- | ₹- | ₹- |
| 2023 | ₹- | ₹- | ₹- |
| Dec 2023 | ₹- | ₹- | ₹- |
Go Digit Insurance IPO Valuation – FY2023
The valuation of Go Digit Insurance IPO for FY2023 is a crucial aspect that potential investors are closely monitoring. The company’s financial performance, growth prospects, and market positioning all play a significant role in determining its valuation.
Investors will be looking at various metrics such as price-to-earnings ratio, earnings per share, and revenue projections to gauge whether the IPO is priced attractively. A thorough analysis of the company’s financial reports and industry comparables will provide insights into its valuation.
| Earning Per Share (EPS): | ₹0.41 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 1.53% |
| Net Asset Value (NAV): | ₹26.61 per Equity Share |
Go Digit Insurance IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: Signatureglobal.ipo@linkintime.co.in
Website: https://linkintime.co.in
Company Address
Go Digit General Insurance Limited
1 to 6 Floor, Ananta One, Pride Hotel Lane
Narveer Tanaji Wadi, City Survey No.1579
Shivajinagar, Pune 411005,
Phone: +91 20 67495400
Email: cs@godigit.com
Website: https://www.godigit.com/
FAQs – Go Digit Insurance IPO
What is the price band for the Go Digit Insurance IPO?
Go Digit Insurance IPO Price Band is ₹258 to ₹265
How can I apply for shares in the Go Digit Insurance IPO?
You can apply for shares in the Go Digit Insurance IPO through your chosen brokerage firm using ASBA or UPI modes of payment.
When is the listing date for Go Digit Insurance Company?
Go Digit Insurance IPO listing date is May 23, 2024.
Is it recommended to invest in upcoming insurance company offerings like Go Digital?
Investing in any IPO requires thorough research and evaluation of your financial goals and risk appetite before making a decision.
Where can I find more detailed information on Go Digit’s financial performance and future prospects?
For detailed insights into their financial reports, valuation, and growth projections, refer to official documents filed with SEBI by the company.
