Go Digit share price

Go Digit Stock Debut: Lukewarm Start with a Hint of Excitement

Go Digit shares enter the market with a lukewarm reception, but excitement brews as stock prices show early gains.

Go Digit, backed by Fairfax, stepped into the market with a lukewarm debut, as the share prices opened at ₹286 on NSE and ₹281.10 on BSE, falling slightly short of the initial expectations. Despite the muted listing, the stock managed to gain 11% over the IPO price, attracting attention from investors and garnering around Rs 1176 crore from anchor investors.

Virat Kohli-backed Go Digit made a grand entrance on NSE and BSE with a premium debut, stirring interest among buyers. The share prices opened with a flourish at Rs 286 on NSE and Rs 281.10 on BSE, hinting at a promising future for the company in the stock market.

As the market awaited the IPO listing, the shares of Go Digit General Insurance Ltd made a modest debut, listing at a 5% premium to the issue price. Despite the subdued start, the stock price touched a high of Rs 294.75, reflecting a positive outlook in the market. Investors were advised cautiously, considering the initial performance.

The journey of Go Digit shares continued with a 9% jump post-listing, showcasing resilience and potential. With a modest premium at the debut and consistent performance, the market saw stability and growth in the company's shares. The IPO proceeds are set to fuel the business operations and fund future endeavors, promising a bright outlook for Go Digit in the market.