Go Digit IPO Allotment Expected Tomorrow: Check Latest GMP, Listing Date, and Other Key Details

Are you eagerly awaiting the Go Digit IPO allotment date? Wondering what the latest Grey Market Premium (GMP) is? Curious about the listing date and other key details? Look no further, as we have all the information you need to know right here.

Go Digit IPO Allotment Date

The shares for the Go Digit General Insurance IPO will be allotted on Tuesday, May 21. Please note that the BSE and NSE stock exchanges are closed today, Monday, May 20, due to the Mumbai elections. The refund procedure for those who are not allotted shares will start on Wednesday, May 22. Allottees can expect to see the shares deposited into their demat accounts on Wednesday as well.

Go Digit IPO Listing Date

Mark your calendars for Thursday, May 23, as the Go Digit IPO listing date has been fixed on this day. Investors can anticipate the shares to be listed and trading on the stock exchanges.

Go Digit IPO GMP Trend

As we approach the Go Digit IPO allotment date, let’s examine the GMP trend. Analysts at investogain.com suggest that the current GMP is ₹22.50, indicating a downward trend based on the grey market activity over the past 12 sessions. The range for GMP has been from ₹11 to ₹70. Today's GMP is +22.50, suggesting that Go Digit shares are trading at a premium in the grey market. It is projected that the shares will list at ₹294.5 per share, 8.27% higher than the IPO price of ₹272, taking into account the upper end of the IPO pricing range and the current premium in the grey market.

How to Check Go Digit IPO Allotment Status

If you have applied for the Go Digit IPO, you can check the status of your allotment on the IPO registrar's website, Link Intime India Private Ltd. Here's how:

• Visit Link Intime India Private Ltd.'s website here

• From the dropdown menu, select the IPO once the allocation is completed

• Choose PAN, Demat Account, or Application No. to check the status

• Select ASBA or non-ASBA in the application type field

• Enter the details based on the mode selected in the previous step

• Complete the captcha and click submit

Go Digit IPO Subscription Status

The Go Digit General Insurance IPO was subscribed 9.60 times on the final day of bidding. The retail individual investors (RIIs) portion was subscribed 4.27 times, while non-institutional investos subscribed 7.24 times and qualified institutional buyers (QIBs) did so 12.56 times. The strong subscription numbers indicate the high demand for the IPO.

Go Digit IPO Details

The Go Digit General Insurance IPO comprises 54,766,392 equity shares offered by promoters and other selling shareholders, alongside a fresh issue of ₹1,125 crore. The net proceeds of the IPO will be utilized for funding strategic initiatives and enhancing the company's operations. The IPO has been managed by notables firms including ICICI Securities Limited, Axis Capital Limited, Edelweiss Financial Services Ltd, Hdfc Bank Limited, and Iifl Securities Ltd.

The Go Digit IPO is generating significant interest from investors, with a strong subscription rate and a positive GMP trend. As the allotment date approaches, investors can stay updated on the latest developments through the IPO registrar's website. Don't miss out on this exciting opportunity to be a part of Go Digit's journey in the insurance sector.