Go Digit IPO: At ₹7 crore, Virat Kohli, Anushka Sharma to make multibagger return of 263% on launch of issue

Their concern of ₹2.5 crore could spot a handsome multibagger instrumentality of 263%, with the precocious terms set acceptable astatine ₹272. This would elevate the worth of their concern to ₹9.06 crore, resulting successful a notional nett of ₹6.56 crore.

In January 2020, the Indian cricketer purchased 266,667 shares astatine a portion terms of ₹75 each done a backstage placement, resulting successful a full concern of astir ₹2 crore.

Also read: Go Digit General Insurance IPO announces terms set astatine ₹258-272 per share; cheque contented size, cardinal dates, more.

At the aforesaid time, the bollywood histrion made an concern of ₹50 lakh, purchasing 66,667 shares of the institution astatine ₹75 per share. At the precocious terms band, the estimated worthy of her concern would beryllium astir ₹1.85 crore.

Kohli volition beryllium earning a nett of ₹5.25 crore, whereas Sharma's nett amounts to ₹1.31 crore. Consequently, the combined nett for the mates is apt to beryllium ₹6.56 crore.

Go Digit IPO details

Go Digit announced, connected Friday, that the upcoming ₹2,615 crore IPO for unfastened for subscription connected May 15 and volition adjacent connected May 17, with a terms set of ₹258 to ₹272 per share.

The contented includes a caller contented of shares valued astatine ₹1,125 crore and an connection for merchantability (OFS) of 54,766,392 shares. Investors person the accidental to bid for a maximum of 55 equity shares, with increments of 55 shares thereafter. The IPO allocation reserves 75% for QIBs (qualified organization buyers), 15% for non-institutional investors, and the remaining 10% for retail investors.

Also read: Go Digit IPO: Virat Kohli, Anushka Sharma-backed Go Digit gets SEBI greenish awesome to motorboat IPO. Check Details

ICICI Securities Limited, Morgan Stanley India Company Private Limited, Axis Capital Limited, HDFC Bank Limited, IIFL Securities Limited, and Nuvama Wealth Management Limited and Link Intime India Private Limited is the registrar to the Offer. The Equity Shares are projected to beryllium listed connected BSE and NSE.

Go Digit GMP today

The shares of Go Digit is commanding a premium of ₹50 successful the grey marketplace premium. This means that the shares of Go Digit is apt to beryllium listed astatine ₹322, which is 18.39 per cent higher than the IPO terms of ₹272.

'Grey marketplace premium' indicates investors' readiness to wage much than the contented price.

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Published: 10 May 2024, 06:36 PM IST