Go Digit General Insurance Ltd. makes a strong debut on the bourses with scrip got listed at Rs 281.10 on the Bombay Stock Exchange, a 3.34 per cent premium to its issue price of Rs 272.00. On the National Stock Exchange, the stock was listed at Rs 286.00.

The company, which raised 9.61 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 961.27 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from May 15 to May 17.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD,Axis Capital Ltd.,Morgan Stanley India Company Private Limited,IIFL Securities Ltd.,Nuvama Wealth Management Ltd.,HDFC Bank Ltd. as lead managers & LINK INTIME INDIA PRIVATE LIMITED is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 74,221.06, up 267.75 points, or 0.36 per cent.