Investors who applied for shares in the Go Digit General Insurance IPO can expect allotment results tomorrow, May 21st.

Key Dates:

  • Allotment: May 21st (Tuesday)
  • Refund Initiation: May 22nd (Wednesday) for unsuccessful applicants
  • Demat Credit & Listing: May 23rd (Thursday)

Subscription & GMP

The Go Digit IPO received strong interest, oversubscribing by 9.6 times. The quota for qualified institutional buyers (QIBs) was subscribed most heavily at 12.56 times, while retail investors subscribed their portion 4.27 times.

The Grey Market Premium (GMP) for Go Digit shares is currently ₹22.50, indicating a possible listing price above the issue price of ₹272 per share. However, analysts at investorgain.com caution that the GMP has been trending downwards recently, with a range of ₹11 to ₹70 over the past twelve days.

What Happens Next?

Go Digit is expected to announce the allotment of shares tomorrow. Investors can check their application status on the website of the registrar, Link Intime India.

Here’s how to check the allotment status:

  1. Visit the Link Intime India website.
  2. Select “Go Digit General Insurance IPO” from the dropdown menu. (This option may not be available until allotment is finalized.)
  3. Choose PAN, Demat Account number, or Application number to check your status.
  4. Choose ASBA or non-ASBA according to your application type.
  5. Enter the details you chose in step 3 and the captcha code.
  6. Submit the form.

For unsuccessful applicants, the refund process will begin on May 22nd. The shares will be added to the demat accounts of successful applicants on the same day.

The official listing of Go Digit shares is scheduled for Thursday, May 23rd, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). With the allotment results coming tomorrow, investor focus will shift to the company’s debut on the stock exchanges.

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Bhoi Smrutirekha Dharanidhar Marketing and Finance
Smrutirekah is a finance enthusiast with a background in financial planning. Her passion for money management drives her to share practical tips and insights on this blog, empowering readers to take control of their finances. With clear, actionable advice, she helps oth

By Bhoi Smrutirekha Dharanidhar

Smrutirekah is a finance enthusiast with a background in financial planning. Her passion for money management drives her to share practical tips and insights on this blog, empowering readers to take control of their finances. With clear, actionable advice, she helps oth

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