smed

It's official, Go Digit is now visible at NSE by choosing "Upcoming IPOs" at the following link: https://www.nseindia.com/market-data/all-upcoming-issues-ipo Ticker/symbol: GODIGIT

I couldn't find any official info for verification either - somewhat dubious..

The price is not known yet. Each share is nominal Rs 10, and the Rs 1250cr is the nominal amount of the maximum fresh share capital. Ie. *up to* 1,250m new shares on offer and up to 109m existing shares on offer. Presumably, the price band will be public tomorrow (India time). Actual ipo price next week. Here is link to a site mentioning the expected price band as Rs258 to Rs265 Per Share (nominal Rs10): https://ipowatch.in/go-digit-insurance-ipo-date-review-price-allotment-details/ (I dont know if it can be trusted) See also FAQs here: https://groww.in/ipo/godigit-insurance-ipo and here: https://www.angelone.in/ipo/go-digit-insurance-ipo

possibly the unusual volume could alternatively indicate that the TRS position is being increased; previously we saw similar unusual volume when the TRS position was originally established and when the TRS position was previously increased. Purely a hypothesis/speculation though. If the position is increased before the ex-dividend date, then Fairfax would get more of the upcoming dividend payment back (from the TRS counterparty) - adding some icing on the cake.