Go Digit shares were trading with a GMP of Rs 50 in the unlisted market when the IPO opened for subscription. However, it has seen a consistent slide in the past few days and is currently trading with a premium of just Rs 25.
After a strong response for the IPO, Virat Kohli-backed Go Digit Insurance is likely to finalise the share allotment on Tuesday. The issue was booked nearly 10 times at close on strong interest from retail and institutional buyers.
Go Digit General Insurance IPO saw oversubscription and strong retail investor interest. Backed by celebrity investors, the company plans to enhance capital with the IPO proceeds, focusing on growth and empowering distribution partners.
Stock market today Go Digit IPO closes today - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.