Unlisted shares of Go Digit Insurance Ltd are trading Rs 25.50 higher in the grey market, expecting a whopping 9.38 per cent listing gain from the public issue, Go Digit IPO: How To Check Allotment Status? Know GMP Today
Several high-profile companies and startups including Tata Capital, Hexaware, Ola Electric, and Swiggy are preparing for their public market debut in 2024-25.Investment bankers expect the IPO lineup in FY25 to be twice as many as in FY24, including some that are expected to exceed $1 billion
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The Bengaluru based insurtech startup saw the retail portion subscribed 4.3 times, non institutional investors subscribed 7.2 times while qualified institutional buyers subscribed to the IPO 12.5 times. The Fairfax backed startup is looking to go public at a valuation of $3 to $3.2 billion