Begin typing your search...

Go Digit GI raises Rs 1,176.59 cr from Anchor Investors

Go Digit General Insurance Limited, one of the leading digital full-stack insurance companies founded in 2017 by insurance veteran Kamesh Goyal, has garnered Rs 1,176.59 crores from anchor investors. Go Digit informed the bourses that it allocated 4,32,57,009 equity shares at Rs. 272 per share on Tuesday, May 14, to anchor investors

image for illustrative purpose

Go Digit GI raises Rs 1,176.59 cr from Anchor Investors
X

15 May 2024 4:45 AM GMT

Mumbai, May 16: Go Digit General Insurance Limited, one of the leading digital full-stack insurance companies founded in 2017 by insurance veteran Kamesh Goyal, has garnered Rs 1,176.59 crores from anchor investors. Go Digit informed the bourses that it allocated 4,32,57,009 equity shares at Rs. 272 per share on Tuesday, May 14, to anchor investors.

Foreign and Domestic Institutions who participated in the anchor were Fidelity Investment Trust, Bay Pond Partners, Goldman Sachs, Abu Dhabi Investment Authority (ADIA), Schroder International, East Spring Investments India, Custody Bank of Japan, SBI Mutual Fund, ICICI Prudential Mutual Fund, Axis Mutual Fund, Mirae Asset Mutual Fund, Ashoka WhiteOak Mutual Fund, Malabar Mutual Fund, Steadview Capital Mauritius, Optimix Wholesale Global Emerging Markets Share Trust, ACM Global Fund, HDFC Life Insurance, ITPL Invesco India Mutual Fund, Tata Mutual Fund, Volrado Venture Partners Fund, NHIT Global Emerging Markets Equity Trust, Florida Retirement System, Singularity Equity Fund, Motilal Oswal Mutual Fund, Edelweiss Trusteeship Co Ltd AC, Max Life Insurance, Tata AIA Life Insurance Company, Bajaj Allianz Life Insurance Company, Bandhan Mutual Fund, PGIM India Trustees Private Ltd, Morgan Stanley Asia (Singapore) PTE ODI, and Ghisallo Master Fund LP.

Out of the total allocation of 4,32,57,009 equity shares to the anchor investors, 1,44,96,570 equity shares were allocated to 11 domestic mutual funds through a total of 23 schemes amounting to Rs. 394.31 crore i.e. 33.51% of the Total Anchor Book Size.

Go Digit General Insurance Limited digital full stack insurance Kamesh Goyal 
Next Story
Share it