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.
Go Digit IPO subscribed 9.6 times - 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.
Go Digit General Insurance IPO: Public issue opens today; price band ₹258-272 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.
Capital markets regulator Securities and Exchange Board of India (SEBI) has kept in abeyance the proposed initial public offering (IPO) sale of Canada-based Fairfax Group-backed Go Digit General Insurance Ltd.
Cross investments in a similar line of business could be one of the reasons for keeping the Virat Kohli-backed Go Digit General Insurance IPO in "abeyance" by capital markets regulator Securities Exchange Board of India (Sebi), according to an expert. The insurer filed a draft prospectus for its initial public offering (IPO) in August comprising a fresh issue of Rs 1,250 crore and an offer for sale (OFS) of more than 10.94 crore equity shares by selling shareholders, including Go Digit Infoworks Services, Nikita Mihir Vakharia (jointly with Mihir Atul Vakharia), Nikunj Hirendra Shah (jointly with Sohag Hirendra Shah) and Subramaniam Vasudevan (jointly with Shanti Subramaniam).