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SEBI Puts Fairfax Group-Backed Go Digit's IPO In 'Abeyance

Capital markets regulator Securities and Exchange Board of India (SEBI) has kept in abeyance the proposed initial public offering (IPO) sale of Canada-based Fairfax Group-backed Go Digit General Insurance Ltd. ....

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Go Digit IPO: Cross investments in similar businesses may be a concern for Sebi

Cross investments in a similar line of business could be one of the reasons for keeping the Virat Kohli-backed Go Digit General Insurance IPO in "abeyance" by capital markets regulator Securities Exchange Board of India (Sebi), according to an expert. The insurer filed a draft prospectus for its initial public offering (IPO) in August comprising a fresh issue of Rs 1,250 crore and an offer for sale (OFS) of more than 10.94 crore equity shares by selling shareholders, including Go Digit Infoworks Services, Nikita Mihir Vakharia (jointly with Mihir Atul Vakharia), Nikunj Hirendra Shah (jointly with Sohag Hirendra Shah) and Subramaniam Vasudevan (jointly with Shanti Subramaniam). ....

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Regulator SEBI puts Go Digit's public issue in abeyance

Financial market regulator Securities and Exchange Board of India (SEBI) has kept in abeyance the initial public offerings of Go Digit General Insurance. ....

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Business News | Regulator SEBI Puts Go Digit's Public Issue in Abeyance

Get latest articles and stories on Business at LatestLY. Financial market regulator Securities and Exchange Board of India (SEBI) has kept in "abeyance" the initial public offerings of Go Digit General Insurance. Business News | Regulator SEBI Puts Go Digit s Public Issue in Abeyance. ....

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Decoding IPO Bound Digit Insurance's Shareholding Pattern

As per Inc42’s estimates, Digit Insurance founder Goyal indirectly owns about 45.75% stake in the IPO-bound unicorn ....

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