Go Digit General Insurance Ltd

Initial public offering of up to [] equity shares of face value of Rs. 10 each (Equity Shares) of Go Digit General Insurance Limited (the Company or the Issuer) for cash at a price of Rs. [] per equity share (including a share premium of Rs. [] per equity share) (Offer Price) aggregating up to Rs. [] crores (the Offer) comprising a fresh issue of up to [] equity shares aggregating up to Rs. 1250.00 crores by the company (the Fresh Issue) and an offer for sale of up to 109,445,561 equity shares aggregating up to Rs. [] crores by the selling shareholders referred to in annexure a (the Offer for Sale). The offer and the net offer would constitute []% and []%, respectively of the post-offer paid-up equity share capital. The offer price is [] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company. This offer includes a reservation of up to [] equity shares, aggregating up to Rs. [] crores (constituting up to []% of the post-offer paid-up equity share capital), for subscription by eligible employees (Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The company in consultation with the brlms, offer a discount of up to Rs. [] to the offer price (equivalent of Rs. [] per equity share) to eligible employees bidding in the employee reservation portion (Employee Discount). The offer and the net offer shall constitute at least []% and []%, respectively, of the post-offer paid-up equity share capital of the company. The company in consultation with the brlms, may consider undertaking a pre-ipo placement of such number of securities for a cash consideration aggregating up to Rs. 250.00 crores between the date of this (pre-ipo placement) subject to appropriate approvals. If the pre-ipo placement is undertaken, the fresh issue size will be reduced to the extent of such pre-ipo placement, subject to the offer (comprising the fresh issue so reduced by the amount raised from the pre-ipo placement, and the offer for sale) constituting at least [*]% of the post-offer paid-up equity share capital of the company. The pre-ipo placement, if undertaken, will be at a price to be decided by the company in consultation with the brlms.