The initial public offering (IPO) of Go Digit General Insurance has garnered significant interest, with the subscription reaching 1.09 times on the third day of bidding.
According to data available from the BSE at 11:24 IST, the IPO received bids for 4,17,43,735 shares against the total offer of 5,28,69,677 shares.
Subscription Details:
- Retail Investors: The portion reserved for retail individual investors (RIIs) witnessed strong demand, with a subscription of 2.97 times.
- Non-Institutional Investors: The quota for non-institutional investors also saw healthy subscription, reaching 1.13 times.
- Qualified Institutional Buyers (QIBs): The subscription from qualified institutional buyers stood at 45%.
The IPO has attracted widespread attention from investors across different categories, reflecting the market’s interest in Go Digit General Insurance’s public debut.
