The Go Digit IPO has received much attention in the financial markets, not only for its potential in the business line but also because of massive investments by an Indian cricketer, Virat Kohli, and Bollywood actor Anushka Sharma. Especially with the Go Digit IPO date expected to be launched on the 15th of May, 2024, everyone is wondering the worth of this power couple exploiting their initial invested funds. Let’s see more about how their investment has expanded and what is in the Go Digit IPO for the public.
Go Digit IPO Issue Price and Expected Returns for Virat and Anushka
Go Digit IPO has been priced at ₹258 to ₹272 and any early birds like Virat and Anushka investing ₹75 to get the facility of those shares. The Go Digit IPO prospectus reveals Virat Kohli shares 2,66,667, and Anushka Sharma 66,667 in the company.
How Much Will Virat Kohli Earn?
Their cumulative investment of ₹2 crore could expand to ₹7.25 crore and if everything turns out well, Kohli can make more than ₹5 crore. The calculation is had from the top end of the price band of ₹272 per share, given a good return ratio.
Anushka Sharma’s Potential Earnings
Likewise, Anushka Sharma who invested ₹50 lakh has 66,667 shares; they are expected to rise to around ₹1.81 crore which will give her a handsome income of ₹1.31 crore.
Go Digit IPO Allotment Status and Allotment Date
The Go Digit Limited IPO has been open for subscription and interested investors who applied for the issue can check their bid application details, through the online portal KFintech or Link Intime websites. Go Digit IPO allotment is expected to be declared on May 21, 2024, after the Go Digit IPO bidding closes on May 17, 2024. You can view your IPO allotment status through the link to Go Digit IPO allotment or through your Trading and Demat account.
Go Digit IPO Listing Date and Expected Listing Price
The Go Digit company is expected to launch its IPO on May 23, 2024. Thus, currently the GMP of Go Digit IPO is ₹ 22.50 which suggests the listing price could follow the pattern of ₹ 294.5 per share. In monetary values this would be a gross gain of $1.832 per share over the issue price which will benefit and warrant investors reasonable gains and a reasonable rate of return on their investment.
Go Digit IPO: Should You Apply or Not?
In making the decision to apply for the Go Digit IPO or not the following factors have to be looked at; The financial health of the Go Digit, its location and the price of the share. IPO has attracted popularity but analysts have expressed a variety of views due to the aggressive rates offered by the IPO. If the potential investors are intending to hold the IPO for the short term with the current GMP the prospects appear realistic However potential investors intending to hold the IPO for long term the future should be more cautious.
Go Digit IPO Analysis: Is It Worth Buying?
Who is looking at whether or not the Go Digit IPO is a good buy, it’s financials and strategic position offer compelling reasons. The company has started branches in the insurance sector and has garnered celebrity support from Virat and Anushka more. Still, there are some voices of signals, therefore, potential investor should be careful about just observing Go Digit IPO expected listing price and fluctuation of the marketplace.
Anil Singhvi’s Review: Is Go Digit IPO a Good Investment?
A detailed Go Digit IPO review is now available for you to consider, this credit goes to market expert Anil Singhvi. Even though he agrees with others that such IPO has been overhyped, he supports this argument with a caution because of the high IPO price. In his Go Digit IPO review he put more stress on the fact that any investment decision should not be undertaken without much consideration especially to those who are new into the IPOs.
How to Check Go Digit IPO Allotment Status
After the closing of the IPO, investors can visit KFintech or Link Intime under the registrar’s link to know their Go Digit IPO allotment details. For ease, the Go Digit IPO allotment status can be accessed on following website where you can find out whether you have been allotted Go Digit IPO or not. The Go Digit IPO allotment status time may be declared on May 21, 2024.
Go Digit IPO Expected Return and Listing Price
The expected return on Go Digit IPO is calculated on the basis of its GMP of ₹22.50/ share, the GoDigit IPO is expected to be listed at ₹294.50 per share. This has been an increase of ₹14.18, or 8.27% the upper price band of ₹272. From the above financial ratios, it can be seen that for those investors who manage to obtain an allotment, short term profitability appear to be promising.
Go Digit IPO Anchor Investors and Subscription Status
The Go Digit IPO drew ₹1,176.59 crores from anchor investors clearly pointing to immense institutional interest. The subscription status has been healthy with the IPO opening for final bidding being 9.60 times subscribed.
Is Go Digit IPO Halal or Haram?
In the case of Islamic financiers a decision on whether an IPO is halal or haram can be an important factor to consider. Although there is no specific case in the Go Digit IPO, anyone interested in this issue should consult an expert in the Islamic finance sector to find out about the compliance of this offer.
Conclusion: Should You Buy or Avoid Go Digit IPO?
All in all, Go Digit IPO provides a good perception of the two horizons – the short-term as well as long-term investors. Now that Virat Kohli and Anushka Sharma are making a lot of money from their early investment, the IPO has received a lot of attention. Despite that, the potential investors should evaluate the Go Digit IPO analysis and their risk appetite before applying. Going by the present Go Digit IPO Grey Market Premium, the listing price is pretty much likely to give reasonable returns which will fit well for those interested in short-term investments. Finally, it stays for the buyer or investor to decide with a Yes or No to the Go Digit IPO based upon his or her set financial objectives or investment plan. Before making a decision you should pay particular attention to the allotment status, the price that is listed for the product, and the opinions from experts.