Latham Advises on Go Digit’s US$314 Million IPO

Latham & Watkins has advised the lead managers on the US$314 million initial public offering (IPO) of Go Digit, one of the leading general insurance companies in India, on the Bombay Stock Exchange (BSE) and National Stock Exchange of India Limited (NSE).

The joint lead managers were Morgan Stanley India Company Private Limited, ICICI Securities Limited, Axis Capital Limited, HDFC Bank Limited, IIFL Securities Limited, and Nuvama Wealth Management Limited.

The Latham team was led by Singapore partner Rajiv Gupta and New York partner Michael Benjamin, with Singapore associate Chaitrika Bellana and New York associate Sabrina Singh. Advice was also provided on tax matters by New York partner Elena Romanova.

ABOUT GO DIGIT

Go Digit General Insurance Ltd. is one of India’s leading diversified insurance companies. It offers non-life insurance products, such as motor insurance, health insurance, travel insurance, property insurance, marine insurance, and liability insurance, among others.

ABOUT LATHAM’S INDIA PRACTICE

With over 20 years of experience advising on Indian debt and equity capital markets transactions, Latham has one of the largest and most active India practices among international law firms. The multi-award winning practice comprises more than 50 lawyers globally, and the team has advised on India-related matters with a combined value in excess of US$100 billion since 2018.