Synopsis: Go Digit General Insurance’s shares are in focus as 18.58 crore shares worth ₹6,558 crore become eligible for trading today, with the end of their six-month lock-in period.
The shares of the Mid-Cap stock specializing in providing a range of non-life insurance products through a technology-driven, simplified approach, are in focus as the company’s six-month and beyond lock-in period will end today.
With a market capitalization of Rs. 32,470.17 crores on Tuesday, the shares of Go Digit General Insurance Ltd fell by upto 3.8 percent, reaching a low of Rs. 341.05 per share compared to its previous closing price of Rs. 354.65 per share.
What Happened
Go Digit General Insurance Ltd, engaged in providing a range of non-life insurance products through a technology-driven, simplified approach, has been on the radar as the company’s six-month and beyond lock-in period will end today.
Nuvama Alternative and Quantitative Research estimates that around 18.58 crore shares, or 20% of the company’s outstanding equity, will become eligible for trading on November 25. These shares are valued at over Rs. 6,558 crore based on Monday’s closing price. While the lock-in period ending means these shares can be traded, it doesn’t necessarily mean all of them will be sold in the market immediately.
Financials & Others
The company’s revenue rose by 11.35 percent from Rs. 2,234 crore in September 2024 to Rs. 2,488 crore in September 2025. Meanwhile, the Net profit rose from Rs. 89 crore to Rs. 136 crore during the same period.
The company has a decent Return on Capital Employed (ROCE) of 10.8% and a solid Return on Equity (ROE) of 11.9%, indicating good profitability relative to its capital and equity. Additionally, with a low debt-to-equity ratio of 0.08, the company is almost debt-free, which suggests a strong financial position and low financial risk.
The company’s Gross Written Premium (GWP) increased by 12.6%, reaching Rs. 2,667 crore compared to Rs. 2,369 crore the previous year. On a like-for-like basis, excluding the 1/n accounting adjustment, GWP growth was 15.6% for the quarter. Additionally, the company’s Assets Under Management (AUM) grew by 15.4% year-on-year, reaching Rs. 21,345 crore as of September 30, 2025.
Go Digit General Insurance Ltd. is a digital, full-stack non-life insurance company in India, founded in 2016 to simplify insurance products and processes. The company, headquartered in Bengaluru, uses technology to offer a wide range of products like motor, health, travel, and home insurance, and focuses on a customer-centric approach from policy purchase to claims.
The company, since 2017, has launched 86 active products, supported by a robust partner network of 76,783. The manual policy issuance rate stands at just 0.37%, reflecting the commitment to digital efficiency. With over 34.4 lakh claims settled digitally since inception, it prioritize seamless service. Customer satisfaction remains high, with an impressive 93.3% for motor claims and 84.2% for non-claims, underscoring the dedication to exceptional customer experience.
Written by Sridhar J
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