On the final day of bidding, investors clamoured to get a piece of the action, driving the subscription rate to a staggering 9.6 times the initial offering. The data on the BSE revealed an overwhelming demand, with bids pouring in for 50.76 Cr shares against the 5.28 Cr shares available. Institutional buyers led the charge, oversubscribing their allocation by an impressive 12.56 times, while non-institutional investors and retail participants also showed strong interest, resulting in subscription rates of 7.25 times and 4.27 times, respectively.

Now, with the IPO successfully concluded, Digit is poised to make its mark on the public markets. Having raised INR 2,614.6 Cr at the upper end of the price band, the company is focused on bolstering its financial position, particularly to maintain its solvency ratio through FY25. This milestone not only signifies Digit's growth but also underscores the broader trend of new-age tech startups making waves in the stock market. As Digit joins the ranks of listed companies, it follows in the footsteps of other disruptors, signalling a shift in the investment landscape toward innovative, tech-driven ventures. With anticipation building for upcoming IPOs from industry players like Awfis, Ola Electric, Unicommerce, and ixigo, the excitement in the market shows no signs of slowing down. Digit's journey from inception to IPO exemplifies the potential of disruptors to redefine traditional industries and captivate investors with their vision for the future.