Go Digit IPO allotment expected on May 21: Steps to check IPO allotment status on NSE, BSE, Link Intime

Go Digit IPO allotment: The Go Digit IPO share allotment status is likely to be finalised on Tuesday, May 21, following the successful subscription period.

The initial public offering of the general insurance firm was subscribed nearly 10 times. The public issue was open for bidding from May 15 to May 17.

The ₹2,614.65-crore book-building public offer comprises a fresh issue of 4.14 crore shares and 5.48 crore share OFS component (Offer for Sale).

Shares of Go Digit General Insurance Limited are scheduled to get listed on the BSE and the NSE on May 23, post the completion of the allotment process and transfer of shares.

Ahead of the listing of shares, bidders can check the status of the allotment on the NSE and the BSE. Alternatively the share allotment status can be checked via the website of the IPO’s registrar, Link Intime Private Ltd.

• Visit the IPO registrar’s website at - https://www.linkintime.co.in/
• Click on the 'Public Issues' section.
• Choose ‘Go Digit IPO’ from the issue name menu
• Enter any of these- PAN, IPO application number, DP/Client ID or bank account number and IFSC.
• Click on the 'Submit' button.

The share allotment status will now be displayed on your screen. It’s important to note that the company name and the share allotment status will be displayed only after the share allotment status is finalised by the insurance firm.

• Log on to the BSE website using this link: https://www.bseindia.com/investors/appli_check.aspx
• Select the issue type as Equity
• Select Go Digit General Insurance from the drop-down menu.
• Enter your PAN details and the captcha.
• Click on the search button

The investors can also check the IPO share allotment status by using PAN and bank account details after logging in to the NSE website.

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Go Digit IPO details

The Go Digit IPO was booked 9.6 times on the final day of bidding. The IPO received bids for 50.76 crore shares compared to the 5.28 crore shares on offer for public investors.

The public issue was subscribed 4.27 times in the retail category, with retail investors bidding for over 4.1 crore shares against the 96.12 lakh shares reserved for the category. QIBs led the demand, as the segment was subscribed 12.56 times with biddings for 36.22 crore shares compared to the 2.88 crore shares on offer.

The issue was subscribed 7.24 times in the NII category and received bids for over 10.43 crore shares compared to the 1.44 crore shares reserved for the category. Go Digit IPO price band was fixed at ₹258 to ₹272 per share with a minimum lot size of 55 shares amounting to ₹14,960.

Go Digit General Insurance Ltd, backed by ace cricketer Virat Kohli, offers motor insurance, health insurance, travel insurance, property insurance, marine insurance and other such insurance related products. The company has launched a total of 74 non-life insurance products.

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