• Source:JND

Go Digit IPO Allotment:  Go Digit General Insurance Limited's Initial Public offering received a lot of interest from investors during its bidding period. Now that the bidding for the IPO has closed, bidders are eagerly awaiting the allotment of shares, which is expected to be announced today i.e. May 21.

The public offering was opened for subscription between May 15 to May 17. The shares of Go Digit Insurance Ltd will be listed on May 23, the shares are scheduled to be listed on both the BSE and NSE.

Once the allotment basis has been finalized, investors can check the Go Digit IPO allotment status online. The company will credit the shares to the demat accounts of successful bidders on May 22nd and begin refunding those whose bids have been rejected on the same day.

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Those who bid for the IPO can check the Go Digit IPO allotment status online through the BSE website as well as the official portal of the IPO registrar 'Link Intime India Private Limited'.

Steps to check Go Digit IPO allotment status 

- Visit  https://linkintime.co.in/initial_offer/public-issues.html, the official website of the Link Intime India 
- Select "Go Digit General Insurance Limited" from the dropdown menu.
- Choose to check the status using PAN, Application Number, DP/Client ID, and Account Number/IFSC.
- Enter details that are being asked.
- Next, Click on "Submit".

- Now, your Go Digit IPO allotment status will be displayed on the screen.

Go DIgit IPO GMP

Go Digit IPO GMP today, or gray market premium today, is Rs 26 per share. This means that Go Digit shares are trading at Rs 26 higher than their issue price of Rs 272 per share in the grey market. Based on today's latest GMP and IPO price, Go Digit shares are expected to list at rs298 per share, which is a 9.56% premium over the issue price.

Go Digit IPO Details

Bidding for the Go Digit IPO began on Wednesday, May 15th, and ended on Friday, May 17th. The IPO allotment is expected to be completed today, May 21st and the Go Digit IPO listing date is May 23rd.

The price band for the Go Digit IPO was set at ₹258 to ₹272 per share. At the upper end of the price band, the Go Digit IPO size is ₹2,614.65 crore, a combination of a fresh issue of 4.14 crore equity shares worth ₹1,125 crore and an offer for sale (OFS) component of 5.48 crore shares worth ₹1,489.65 crore.

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