Virat Kohli-backed Go Digit IPO to open on May 15, close on May 17
Go Digit General Insurance is set to go public on May 15. The public issue will close on May 17. Further, the anchor investor bidding will be open one day prior to the bid/offer opening date, i.e., May 14, 2024, the company said in an exchange filing.
The Go Digit IPO consists a fresh issue of shares worth ₹1,125 crore, and an offer-for-sale (OFS) component of up to 5.47 crore equity shares.
Originally planned in 2022, the Bengaluru-based general insurance company had received a go-ahead in March to launch its IPO after series of delays over multiple compliance issues.
Morgan Stanley, ICICI Securities, Axis Capital, HDFC Bank, IIFL Securities, Nuvama are the book-running lead managers to the issue, while Link Intime India is the registrar.
