| Initial public offering of 96,126,686 equity shares** of face value of
Rs. 10 each (Equity Shares") of Go Digit General Insurance Iimited (the "Company" or the "Issuer") for cash at a price of Rs. 272 per equity share (including a share premium of Rs. 262 per equity share) ("Offer Price") aggregating to Rs. 2614.65 crores** (the "Offer") comprising a fresh issue of 41,360,294 equity shares** aggregating to Rs. 1125.00 crores** by the company (the "Fresh Issue") and an offer for sale of 54,766,392 equity shares** aggregating to Rs. 1489.65 crores** by the selling shareholders referred to in annexure a (the "Offer for Sale"). The offer constituted 10.48% of our post-offer paid-up equity share capital.
The offer price is 27.2 times the face value of the equity shares.
**Subject to finalization of basis of allotment
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