The IPO of an insurance company with investments from Virat Kohli and Anushka Sharma will hit the market very soon. For this, IRDA, the regulator of the insurance sector, has also given approval.
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If you Virat Kohli (Virat Kohli) or Anushka Sharma (Anushka Sharma) If you are his fan, then very soon you will also be able to invest in his insurance company. Yes, IPO to Go Digit General Insurance Company, which is invested by both the celebrities. (Go Digit General Insurance Company IPO) irda to bring (IRDAI) has given its approval. Although now SEBI (SEBI) permission is yet to be granted. This IPO is near(Go Digit IPO Size) 1250 crore will be of Rs. Know its full details…
IPO papers were filed in August
Go Digit General Insurance filed papers to bring the IPO on August 17 this year. Virat Kohli and Anushka Sharma also have investments in this general insurance company with investment from Canada’s Fairfax Group. IRDA has given its approval to the company’s IPO on Friday.
1250 crore fresh shares will be issued in IPO
Go Digit General Insurance Company’s IPO will have fresh shares worth Rs 1250 crore. Apart from this, 10,94,45,561 shares of existing shareholders will be kept for offer for sale (OFS). The company will use the money raised from the IPO to increase its capital base, maintain the solvency level and meet other corporate needs.
A pre-IPO before the full IPO
According to media reports, a pre-IPO placement before the company brings its full IPO. (Pre-IPO Placement) Can do too. It can be around Rs 250 crore. If this happens, then when the full IPO comes later, then the size of the company fresh issue (Reduce Fresh Issue Size) can reduce.
English Headline : Virat Kohli and Anushka Sharma backed Go Digit General Insurance IPO gets final approval from IRDAI.