Go Digit IPO Date, Review, Price, Allotment Details

Go Digit Insurance IPO Details: Go Digit Insurance IPO date is fixed, the IPO is to hit the market on May 15 and will close on May 17. Go Digit Insurance IPO to raise around ₹2614.65 crores via IPO that comprises fresh issue of ₹1125 crores and offer for sale up to 109,445,561 equity shares of ₹10 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

Go Digit Insurance IPO

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Go Digit Insurance aims to make insurance simple. Through innovation and transparency, they believe in delivering a seamless customer experience journey in a significant financial product an individual would purchase in their lifetime. They are one of the leading digital full-stack insurance companies, leveraging its technology to power what it believes to be an innovative approach to product design, distribution, and customer experience for non-life insurance products. Full-Stack Insurers are insurance firms that are fully licensed and controlled by a regulatory authority and perform sourcing, underwriting, and servicing in-house. Digital full-stack insurers are insurance manufacturing companies that focus on integrating technology into their operations. They offer motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, which the customers can customize to meet his or her needs.


As a digital full-stack insurance company, they deploy a combination of insurance and technology solutions to assist in enrolment, insurance claims processing, underwriting, policy administration, data insights, and fraud detection. As a testament to their success, according to the RedSeer Report which has been commissioned and paid for by their Company exclusively in connection with the Offer, they were the fastest growing insurer among private non-life insurers by GWP in Fiscal 2022.

They aim to make insurance products so simple that even a 15-year-old can understand it. Incorporated on December 7, 2016, they began their journey to change the way non-life insurance products are understood and experienced by consumers and distributors in India. They believe that by simplifying insurance, they can establish trust and create meaningful relationships with their customers and distribution partners.


Objects of the Issue

  • To undertake its existing business activities.
  • To undertake the activities proposed to be funded from the Net Proceeds. Further, the Company expects to receive the benefits of listing the Equity Shares on the Stock Exchanges, which, the company believes, will enhance the visibility and its brand image among its existing and potential customers.

Go Digit IPO Review (Apply or Not)

  • May Apply

Brokerage Firm IPO Review

  • Swastika Investmart: Apply

Go Digit IPO Date & Price Band Details

IPO Open:May 15, 2024
IPO Close:May 17, 2024
IPO Size:Approx ₹2614.65 Crores
Fresh Issue:Approx ₹1125 Crores
Offer for Sale:Approx ₹1489.65
54,766,392 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹258 to ₹272 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

Go Digit Insurance IPO Market Lot

The Go Digit Insurance IPO minimum market lot is 55 shares with ₹14,960 application amount. The retail investors can apply up-to 13 lots with 715 shares or ₹194,480 amount.

ApplicationLot SizeSharesAmount
Retail Minimum155₹14,960
Retail Maximum13715₹194,480
S-HNI Minimum14770₹209,440
B-HNI Minimum673685₹1,002,320

Go Digit IPO Allotment & Listing Dates

The Go Digit Insurance IPO date is May 15 and the close date is May 17. The Go Digit Insurance IPO allotment will be finalized on May 21 and the IPO listing on May 23.

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

You can check IPO subscription status and IPO allotment status on their respective pages.

Go Digit Insurance IPO Form

How to apply for the Go Digit Insurance IPO? You can apply for Go Digit Insurance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Go Digit Insurance IPO in the Invest section. The other option is you can apply for Go Digit Insurance IPO via IPO forms downloaded via NSE and BSE. Check out the Go Digit Insurance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Go Digit Insurance Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹-₹-₹-
2022₹-₹-₹-
2023₹-₹-₹-
Dec 2023₹-₹-₹-

Go Digit Insurance IPO Valuation – FY2023

Check Go Digit Insurance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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

Peer Group

  • New India Assurance Company Limited
  • Star Health and Allied Insurance Company Limited
  • ICICI Lombard General Insurance Company Ltd

Company Promoters

  • Kamesh Goyal
  • GoDigit Infoworks Services Private Limited
  • Oben Ventures LLP
  • FAL Corporation

Go Digit Insurance IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Go Digit Insurance IPO Allotment Status Check

Check Go Digit Insurance IPO allotment status on Linkintime website allotment URL. Click Here

Go Digit Insurance IPO Lead Managers aka Merchant Bankers

  • ICICI Securities Limited
  • Morgan Stanley India Company Pvt Ltd
  • Axis Capital Limited
  • Edelweiss Financial Services Ltd
  • Hdfc Bank Limited
  • Iifl Securities Ltd

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: [email protected]
Website: https://www.godigit.com/

Go Digit Insurance IPO FAQs

What is Go Digit Insurance IPO?

Go Digit Insurance IPO is a main-board IPO. They are going to raise ₹2614.65 Crores via IPO. The issue is priced at ₹258 to ₹272 pr equity share. The IPO is to be listed on BSE & NSE.

When Go Digit Insurance IPO will open?

The IPO is to open on May 15, 2024 for QIB, NII, and Retail Investors.

What is Go Digit Insurance IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Go Digit Insurance IPO?

You can apply for Go Digit Insurance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Go Digit Insurance IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Go Digit Insurance”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Go Digit Insurance IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Go Digit Insurance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Go Digit Insurance IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Go Digit Insurance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Go Digit Insurance IPO Size?

Go Digit Insurance IPO size is ₹2614.65 crores.

What is Go Digit Insurance IPO Price Band?

Go Digit Insurance IPO Price Band is ₹258 to ₹272.

What is Go Digit Insurance IPO Minimum and Maximum Lot Size?

The minimum bid is 55 Shares with ₹14,960 amount while the maximum bid is 13 shares with ₹194,480.

What is the Go Digit Insurance IPO Allotment Date?

Go Digit Insurance IPO allotment date is May 21, 2024.

What is the Go Digit Insurance IPO Listing Date?

Go Digit Insurance IPO listing date is May 23, 2024. The IPO is to list on BSE and NSE.

Note: The Go Digit Insurance IPO price band and date are officially announced yet. The IPO grey market premium (Go Digit Insurance IPO Premium) will be added to the IPO grey market page as it will start).

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