Go Digit IPO Date, Review, Price, Allotment Details

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

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.

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.

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

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.

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