Star cricketer Virat Kohli and wife Anushka Sharma had nearly a 4X return today morning after Go Digit IPO lists at 5% premium. The cricketing icon had invested ₹2 crore for 2.66 lakh shares in the company. With Go Digit General’s shares listing at a premium, Kohli’s stake is now valued at a staggering ₹7.62 crore, marking a nearly four-fold increase. Similarly, Anushka Sharma’s initial investment of ₹50 lakh for 66,667 shares has appreciated to ₹1.9 crore. Notably, both Virat Kohli and Anushka Sharma have held on to their stakes, showcasing their confidence in the company’s long-term prospects.
Go Digit General Insurance made a quiet debut on the stock exchanges on May 23, listing at Rs 286, which represents a premium of just 5.14 percent over the issue price of Rs 272. The listing gains were largely in line with grey market estimates, where shares were trading at a premium of 3 percent.
The Rs 2,614.65-crore public offer, in which renowned personalities like Virat Kohli and Anushka Sharma are investors, was subscribed 9.6 times. The offer received bids for 50.76 crore shares against 5.28 crore shares on offer. The public issue witnessed strong demand across investor categories, with the retail category being subscribed 4.27 times, non-institutional investors subscribing 7.24 times their allotted quota, and the portion for qualified institutional buyers (QIBs) being booked 12.56 times.
The IPO was a mix of a fresh issue of 4.14 crore shares worth Rs 1,125 crore and an offer for sale of 5.48 crore shares worth Rs 1,489.65 crore.
Ahmedabad Plane Crash