HomeStock MarketIRDAI gives Go Digit General Insurance its final listing permission.

IRDAI gives Go Digit General Insurance its final listing permission.

Stock Market

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By lapaasindia
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  • Go Digit General Insurance, which is funded by Fairfax, received final approval from the insurance regulator IRDAI on Friday to list on the BSE and NSE.
  • Go Digit submitted preliminary documents to SEBI in August in order to seek money through an IPO.
  • According to the draught red herring prospectus, the IPO consists of a fresh issuance of equity shares worth ₹1,250 crore and an offer-for-sale (OFS) of 10,94,45,561 equity shares.

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