by AIP Online Bureau | May 19, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Wealth Management/ Philanthropy
As per the combined bid details put out by the BSE at the close of Day-3, Go Digit General Insurance Ltd was subscribed 9.60X overall, with best demand coming from the QIB Segment, followed by the HNI / NII segment and the Retail segment in that order. The QIB portion...
by AIP Online Bureau | May 9, 2024 | Indian News, Non-Life, Wealth Management/ Philanthropy
The insurer will raise Rs 2,615 crore via its IPO which includes a fresh share sale of Rs 1,250 crore and an offer-for-sale (OFS) of up to 5.47 crore equity shares amounting to Rs 1,489.65 crore. by its promoters and existing shareholders of the company Valuation of...
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...
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...
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...
