Go Digit IPO to Open :The action in the IPO market is going to continue in May also. The IPO of Go Digit IPO, a company invested by Virat Kohli and Anushka Sharma, is opening for subscription on May 15. Money can be invested in this till May 17. The size of the IPO is Rs 1500 crore, although the price band will be announced on May 10. The company had received approval to launch an IPO in March 2024.
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
how much reserve for whom
In Go Digit’s IPO, 10 percent share is reserved for retail investors. Whereas 75 percent share is reserved for Qualified Institutional Investors i.e. QIB. Whereas 15 percent share is reserved for non-institutional investors i.e. NII.
