Go Digit General Insurance IPO GMP History
Go Digit General Insurance IPO has been listed on May 23, 2024 at a listing price of ₹286, against the issue price of ₹272 — a gain of ₹14 (+5.15%). The GMP peaked at ₹29 on 21 May 2024 and reached a low of ₹11 on 17 May 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Go Digit General Insurance IPO raised ₹2614.65 Cr. through its IPO at a price band of ₹258 to ₹272 per share, with a lot size of 55 shares. The IPO was open for subscription from 15 May 2024 to 17 May 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:38 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 22 May 2024 | ₹ 27 | ▼ | 10% | — | — |
| 21 May 2024 | ₹ 29 | ▲ | 11% | — | — |
| 20 May 2024 | ₹ 27 | ▲ | 10% | — | — |
| 19 May 2024 | ₹ 20 | ▲ | 7% | — | — |
| 18 May 2024 | ₹ 16 | ▲ | 6% | — | — |
| 17 May 2024 | ₹ 11 | — | 4% | — | — |
| 16 May 2024 | ₹ 11 | — | 4% | — | — |
Go Digit General Insurance IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 15 May 2024
- Close 17 May 2024
- Allotment 21 May 2024
- Refund/credit 22 May 2024
- Listing 23 May 2024
Go Digit General Insurance IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹272 |
|---|---|
| GMP-based estimate (pre-listing) | ₹299 (+9.9%) |
| Listing gain / loss | +₹14 per share |
| Listing date | 23 May, 2024 |
| Actual listing price | ₹286 (+5.15%) |
Is Go Digit General Insurance IPO GMP reliable?
Grey market premium for Go Digit General Insurance IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Go Digit General Insurance IPO full review for a fundamentals-based assessment before making any grey market trades.
Go Digit General Insurance IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Go Digit General Insurance IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Go Digit General Insurance IPO
Go Digit General Insurance Limited was incorporated as Oben General Insurance Limited at Pune on 7 December 2016. It is one of the leading digital full stack insurance companies, using technology across product design, distribution and customer experience for non-life insurance.
Its products cover motor, health, travel, property, marine, liability and other insurance. As per RedSeer, it wrote about 82.5% of the gross written premium of digital full stack insurers, a group that also includes Acko and Navi, in the nine months to 31 December 2023, making it the largest such player in India.
Its promoters include Kamesh Goyal, Go Digit Infoworks Services, Oben Ventures and FAL Corp.
The IPO was Rs 2,614.65 crore, with Rs 1,125.00 crore of fresh issue and Rs 1,489.65 crore of offer for sale, mostly by promoter Go Digit Infoworks Services. Rs 1,064.70 crore was planned for maintaining the solvency ratio.
Frequently asked
What is the GMP of Go Digit General Insurance IPO?
The current Grey Market Premium (GMP) of Go Digit General Insurance IPO is ₹ 27.
What is the Kostak Price of Go Digit General Insurance IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Go Digit General Insurance IPO is not available.
What is the Subject to Sauda Price of Go Digit General Insurance IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Go Digit General Insurance IPO?
Go Digit General Insurance IPO listed on May 23, 2024 at ₹286, against the issue price of ₹272 — a gain of +5.15%.
How did the GMP of Go Digit General Insurance IPO trend before listing?
The GMP of Go Digit General Insurance IPO was falling in its final days before listing. The GMP peaked at ₹29 on 21 May 2024. View the day-wise table above for the complete GMP history.
Explore Go Digit General Insurance IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
