The Captial Market (CapitalMarket.com) rating for Go Digit General Insurance IPO is 40. Their analysis recommends Avoid, However active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	40	Avoid, However active risk seekers can try

Go Digit General Insurance IPO Review by Dilip Davda Neutral

[Dilip Davda] The insurance sector has witnessed sea change post Covid and rising awareness for necessity of insurance is auguring well for novel companies with technical base and new product portfolio that suits the requirements of prospects. The company has turned the corner from FY23 and is poised for bright prospects as indicated by its recent performance. Based on FY24 annualized earnings, the issue appears aggressively priced. The accounting jugglery of insurance sector is difficult to understand by a layman and hence one has to keep an eye on its business growth and future prospects. Well-informed investors may park moderate funds for the long term rewards, others may avoid. Read detail review...

Go Digit IPO Peer Comparison

Go Digit General Insurance Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Go Digit General Insurance Limited	0.41	0.40	26.61		1.53
The New India Assurance Company Ltd	6.36	6.36	125.64	38.47	5.13	1.95	Consolidated
Star Health And Allied Insurance Company Limited	10.70	10.41	93.35	53.79	11.39	6.00	Consolidated
Icici Lombard General Insurance Company Ltd	35.21	35.16	211.60	48.14	16.64	8.00	Consolidated

Notes:

Financial information of the Company is derived from Restated Financial Statements for the year ended March 31, 2023
NM=Not Meaningful
NA=Not Applicable
Offer price not determined.
All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis and is sourced from the annual reports/ financial results/public disclosures submitted to stock exchanges or on company's website, as available of the respective company for the year ended March 31, 2023
New India Assurance Company Limited is not strictly comparable with the Company (this is for information purposes).
P/E ratio for listed peers is calculated as closing share price( April 26, 2024, - BSE) / Diluted EPS for year ended March 31, 2023
Net asset value per share (in ₹) = Net worth at the end of the year / Total number of equity shares outstanding as of March 31, 2023
P/B ratio for listed peers is calculated as closing share price (April 26, 2024, - BSE)

Go Digit General Insurance IPO Review by Members

Go Digit General Insurance IPO Reviews, analysis and views by popular members. Read Go Digit General Insurance Ltd. IPO reviews by retail investors to find recommended ipo to buy.

Go Digit General Insurance IPO Review Summary by Members

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Go Digit General Insurance IPO Review & Recommendations

Go Digit General Insurance IPO Review Summary from brokers and analysts

Go Digit General Insurance IPO Capital Market Rating

Go Digit General Insurance IPO Review by Dilip Davda Neutral

Go Digit IPO Peer Comparison

Go Digit General Insurance IPO Review by Members

Go Digit General Insurance IPO Review Summary by Members

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