Go Digit General Insurance is all set to launch its Initial Public Offering (IPO) worth ₹2,614 crores tomorrow, marking a significant event in the financial market.

Prominent shareholders, including the celebrated couple Virat Kohli and Anushka Sharma, hold substantial stakes in Go Digit General Insurance. Industry analysts note that the duo is unlikely to sell their shares during the IPO, which adds a layer of stability and confidence to the offering.

According to the company’s Red Herring Prospectus (RHP), Virat Kohli had acquired 266,667 equity shares at ₹75 per share, amounting to an investment of ₹2 crores. Anushka Sharma purchased 66,667 shares for ₹50 lakhs, bringing their total investment to ₹2.5 crores. This strategic investment by the celebrity couple has seen significant appreciation over time.

The insurance company has set its price band for the IPO between ₹258 and ₹272 per share. Based on the upper end of this price band, the value of Virat and Anushka’s investments would surge by 262%. Virat Kohli’s shares would now be valued at ₹7.25 crores, while Anushka Sharma’s shares would be worth ₹1.81 crores, totaling a combined value of ₹9 crores.

This significant increase in share value reflects not only the successful growth of Go Digit General Insurance but also the astute investment decisions made by Kohli and Sharma. The upcoming IPO is expected to attract a considerable amount of attention from investors, given the robust financials and growth potential of the company.

For more detailed information and analysis, stay tuned as the IPO unfolds tomorrow.