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Fairfax-backed Go Digit to raise Rs 1,250 crore through IPO

Go Digit General Insurance, which is backed by Canada’s Fairfax Group and celebrity investor Virat Kohli, on Tuesday filed a draft red herring prospectus (DRHP) with markets regulator Sebi for a Rs 1,250-crore initial public offering (IPO). The proposed IPO will also include an offer-for-sale (OFS) of up to 10,94,45,561 equity shares by the company’s …

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