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Shares of Go Digit General Insurance Ltd made a muted debut at Dalal Street on Thursday. The dull listing is in-line to the expectations, signaled by the grey market premium for the company.
Shares of Go Digit General Insurance Ltd, backed by Canada-based Fairfax, got listed on Thursday with a premium of over 5 per cent against the issue price of Rs 272.
The stock began the trade at Rs 281.10, up 3.34 per cent from the issue price on the BSE. It later climbed 11.39 per cent to Rs
Ahead of the issue opening, the firm raised about Rs 1,176 crore in the anchor round, where Fidelity Investments, Goldman Sachs, ADIA, and Custody Bank of Japan were among the investors.