Live Breaking News & Updates on Virat Kohli Backed Go Digit General Insurance

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IPOs galore in FY24: Here is how much companies plan to raise

Currently, 54 Indian firms are seeking to procure Rs 76,189 crore and have secured market regulator approval, whilst another 19 companies intending to raise approximately Rs 32,940 crore are awaiting the green light from SEBI. ....

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These Two Companies Are Coming Out With Their IPOs (Public Issue) Soon. But...

The Indian primary markets are reviving after a long break, but the buzz could be short lived owing to this hurdle. ....

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Go Digit IPO: Cross investments in similar businesses may be a concern for Sebi

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). ....

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