IPO Details

Bidding Dates

To be announced

Minimum Investment

To be announced

Price Range

To be announced

Maximum Investment

To be announced

Retail Discount

To be announced

Issue Size

₹3500.00 crore

Investor category and sub category

To be announced

IPO Dates

Important dates with respect to IPO allotment and listing

Opening Date

To be announced

Closing Date

To be announced

Basis of Allotment

To be announced

Initiation of Refunds

To be announced

Credit of Shares to Demat

To be announced

Listing Date

To be announced

UPI Mandate Confirmation Cut-off Time

To be announced

About Go Digit Insurance IPO

Go Digit is a digital full-stack insurance company - a leading player in the domain with ownership of approximately 82.9% of Gross Written Premiums (GWP) written by the Indian digital insurance players.

Go Digit leverages technology to deliver a seamless customer experience. Using the Go Digit platform, a combination of insurance and technology solutions, customers can find customised solutions for their insurance needs for non-life insurance products. The platform is built to assist in enrollment, insurance claims processing, underwriting, policy administration, data insights, and fraud detection.

Go Digit is the largest full-stack digital insurer in India regarding Gross Written Premiums.

Go Digit IPO details

Go Digit has got approval from the market regulator to float an initial public offering. The total IPO size of Rs. 3,500 crore includes Rs. 1,250 crore in fresh equities and an offer of 109,445,561 shares in offer for sale.

Go Digit Insurance IPO Objective

  • The company will utilise the net proceeds from the IPO to augment its capital base.

Should you invest in Go Digit Insurance?

These are the top reasons to consider investing in Go Digit Insurance:

  • Go Digit is one of the top 10 general insurers in India. It is the largest among full-stack digital insurance players regarding Gross Written Premiums.
  • Go Digit had written Rs. 52.68 billion or 82.9% of GWP written by all full-stack digital insurance players in Fiscal 2022.
  • Go Digit’s GWP grew between 2020 and 2022 by 52.9%, while the industry growth rate was 8.3% from 2018 to 2022.

Competitive Peers

Other players in the market recognised by Go Digit Insurance Ltd. include Star Health and Allied Insurance Company Ltd. and ICICI Lombard General Insurance Company Ltd.

Go Digit Insurance Noteworthy Highlights

  • It has an established track record of delivering growth in GWP. The GWP between 2020 and 2022 grew at 52.9% CAGR from Rs. 22.52 billion in 2020 to Rs. 52.68 billion.
  • There is a significant decrease in the net expense ratio from 42.4% in fiscal 2020 to 38.7% in 2022.
  • A healthy solvency ratio of 2.01 times on March 31, 2022, against the IRDA limit of 1.50 times signifies financial stability through careful investments.

IPO Financials

Particulars Year ending on March 31, 2022 Year ending on March 31, 2021 Year ending on March 31, 2020
Gross Written Premium 52,676.33 32,433.88 22,523.47
Revenue from Operations 52,676.33 32,433.88 22,523.47
Profit After Tax (PAT) (2,958.61) (1,227.64) (1,752.43)
EBITDA (2,834.11) (1,137.93) (1,687.01)
EBITDA % (5.38) (3.51) (7.49)
EPS (basics) (3.55) (1.50) (2.41)
  As at March 31, 2022 As at March 31, 2021 As at March 31, 2020
Total Current Asset 6,518.68 4,714.87 3,300.78
Current Liabilities 57,518.35 32,363.51 19,304.24

Know before investing


  1. It’s a full-stack Digital insurance company offering a high-quality user experience.

  2. A nimble organisational structure to support a scalable business model.

  3. Using AI and machine learning, it offers enhanced efficiency to its distributors.


  1. The company has reported losses and may not become profitable in future.

  2. Inability to underwrite risks efficiently.

  3. Limited operational history might prevent investors from evaluating future business prospects.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

Go Digit Insurance IPO FAQs

What is Go Digit Insurance Ltd. IPO?

Go Digit General Insurance, backed by Canadian billionaire Prem Wasta’s Fairfax Group has received a green signal from the market regulator to issue an initial public offering.  According to the latest information available, the offer size is close to Rs. 3,500 crore. The company intends to raise Rs. 1,250 crore via fresh issues and offers 109,445,561 shares in an offer for sale.

When will the Go Digit Insurance IPO be allotted?

Details not available.

What will be the Go Digit Insurance IPO lot size?

Details not available.

When will Go Digit Insurance IPO open for subscription?

Details not available.

What minimum lot size can retail investors subscribe to?

Details not available.

When will the Go Digit Insurance IPO list on exchanges?

Details not available.

How to check the allotment status of the Go Digit Insurance IPO?

You can check the allotment status of your IPO application from the Angel One app. To check the allotment status, enter the application number, DP ID, and PAN number into the app. 

What would be the listing gains on the Go Digit Insurance IPO?

One can’t measure listing gain before the IPO listing date. You can get an update on the listing date of Go Digit Insurance.

I have finished the application process for the Go Digit Insurance IPO, but the funds are not yet debited. What is the reason?

The bank initially blocks the amount you bid for an IPO. It will debit the money when the shares are allotted or unblock the amount after the UPI mandate expiry date.

How to approve the UPI mandate request for Go Digit Insurance IPO?

Login to your UPI handle and approve the payment mandate to complete the IPO application process.

Can I submit more than one application for the public issue of Go Digit Insurance using one PAN?

You can submit only one application using one PAN card.

What is the minimum order quantity for Go Digit Insurance IPO?

Details not updated.