The Go Digit IPO garnered a robust reception, with the company s shares commanding a premium of Rs 25 in the unlisted market. Demand for the issue surged nearly 10 times by the close, fueled by strong interest from both retail and institutional investors.
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Analysts said Go Digit s position as the fastest-growing private non-life insurer by GWP in India positions it for continued success in the insurance market. The company s advanced technology platform and focus on innovation bode well for its future.
Go Digit IPO got a healthy response. The company s shares are trading at a premium of Rs 25 in the unlisted market. The issue was booked nearly 10 times at close on strong interest from retail and institutional buyers.