Go Digit General Insurance IPO
General Insurance - Listed on 23 May 2024
Go Digit General Insurance IPO listing summary
Go Digit General Insurance (General Insurance) closed its IPO window in 2024 and listed on NSE and BSE on 23 May 2024 at an upper band issue price of Rs 272, opening at Rs 286 for a listing gain of +5.1% and closing day one at Rs 306 (+12.5% on closing basis). The IPO was subscribed 9.60x overall - QIB 12.56x, HNI/NII 7.23x, Retail 4.26x. The total issue size was Rs 2,614.65 Cr (Fresh Issue Rs 1125 Cr, OFS Rs 1489.65 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Go Digit General Insurance IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 55 | +9.19% |
| Day 2 | Rs 43 | +9.19% |
| Day 3 | Rs 43 | +5.51% |
| Day 4 | Rs 20 | +3.68% |
| Day 5 | Rs 10 | +3.68% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Go Digit General Insurance IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Go Digit General Insurance IPO - FAQs
What was the listing gain of Go Digit General Insurance IPO?
Go Digit General Insurance IPO listed at +5.1% versus the upper issue price of Rs 272 on 23 May 2024.
How many times was Go Digit General Insurance IPO subscribed?
Go Digit General Insurance IPO was subscribed 9.60x overall. QIB portion was subscribed 12.56x, HNI / NII 7.23x and Retail 4.26x.
What was the IPO GMP for Go Digit General Insurance?
IPO GMP started at Rs 55 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.