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28 IPOs worth Rs 38,000 crore to hit the street in second half of FY24

by AIP Online Bureau | Oct 9, 2023 | Data, Eco/Invest/Demography, Technology, Wealth Management/ Philanthropy

According to marketmen, the pack is led by OYO which is said to be looking to mop up over Rs 8,300 crore and Go Digit Insurance Mumbai: After a record 31 initial share sales in the first half of this fiscal, the IPO pipeline looks strong with 28 firms eyeing to raise...

SAT upholds IRDAI’s rulings against Go Digit on combi product

by AIP Online Bureau | Nov 21, 2022 | Indian News, Life, Non-Life, Regulation

IRDAI after examining Go Digit’s  “Digital Group Total Protect Policy” filed under `Use and File’ norms had asked the company to withdraw the product as some of its features fall under life insurance products and can’t be offered by a general insurance company...
Sebi to restart review of $440 million Digit Insurance IPO

Sebi to restart review of $440 million Digit Insurance IPO

by AIP Online Bureau | Oct 1, 2022 | Indian News, Non-Life, Regulation, Wealth Management/ Philanthropy

The Sebi was concerned that privately-held Digit issued shares to more than 200 individuals in the past financial year, which is not allowed under Indian laws and regulations MUMBAI: India’s markets regulator will restart a review of a $440 million initial...

Sebi puts Prem Watsa backed Go Digit’s IPO in ‘abeyance’

by AIP Online Bureau | Sep 19, 2022 | Indian News, Non-Life, Regulation, Wealth Management/ Philanthropy

Without disclosing the reason, Sebi said “issuance of observations (has been) kept in abeyance” with regard to the IPO of Go Digit, an update on the regulator’s website showed on Monday. The information was updated on September 16 The issuance of...

HDFC Bank picks up 9.94 % in Go Digit Life for Rs 120 crore

by AIP Online Bureau | Aug 25, 2022 | Indian News, Life

HDFC Bank’s investment has valued GO Digit Life , which is yet to be a licensed, at around Rs 1200 crore The partnership between Kamesh Goyal and Indian born Canadian billionaire Prem Watsa’s Fairfax, which already has a general insurance company, is now...
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