Go Digit IPO Subscription/GMP: The IPO of Go Digit IPO, a company invested by Virat Kohli and Anushka Sharma, has received a lukewarm response from investors on the first day. At the same time, there is not much craze regarding this in the gray market. Although today is the first day of the IPO, subscription may increase in future. Go Digit’s IPO will be open for subscription from May 15 to May 17. The size of the IPO is Rs 1500 crore, while the price band is Rs 258 to Rs 272 per share.
34 percent subscribed so far
Go Digit’s IPO has received sluggish subscription from investors on the first day (Go Digit IPO Subscription Status). This IPO was subscribed only 34 percent or 0.34 times till 4:30 pm on the first day. 10 percent share is reserved for retail investors in the IPO and till now it has been filled 1.40 times or 140 percent. Whereas 75 percent share is reserved for Qualified Institutional Investors i.e. QIB and subscription has not started yet. Whereas 15 percent share is reserved for non-institutional investors i.e. NII and till now it has been filled 0.32 times or 32 percent.
Go Digit IPO GMP
There is a stir in the gray market regarding the IPO of Go Digit. Its premium in the gray market on the first day of IPO is Rs 45. Considering the upper price band of IPO of Rs 272, this premium is 17 percent.
Virat Kohli will not sell shares
The Prem Vats-backed insurance company aims to raise Rs 1500 crore through its IPO. There will be a fresh issue of shares worth Rs 1125 crore, while 5,47,66,392 equity shares will be sold through Offer for Sale (OFS). Existing promoters and shareholders will sell their shares through OFS. However, Indian cricketer Virat Kohli and his wife Anushka Sharma will not save even a single share in this IPO.
Important date of IPO (Go Digit IPO Date)
IPO opening day: 15 May
IPO closing day: 17 May
For anchor investors: May 14
Price band announcement: 10 May
Share allotment: 21 May
Refund: May 22
Credit in demat account 22 May
Stock Listing : 23 May
