Cricket Power Couple Set for Windfall with Go Digit IPO (Virat Kohli Anushka Sharma Go Digit Investment)

Star couple Virat Kohli and Anushka Sharma's early investment in Go Digit is poised to pay off handsomely with the upcoming IPO. Their potential gains highlight the lucrative world of startup investments.

Gobind Arora
Published on: 12 May 2024 1:49 PM GMT
Cricket Power Couple Set for Windfall with Go Digit IPO (Virat Kohli Anushka Sharma Go Digit Investment)
Virat Kohli, Anushka Sharma

Cricket power couple Virat Kohli and Anushka Sharma are set to see a significant return on their investment in Go Digit, the Indian general insurance startup, with its upcoming IPO. The company's initial public offering, scheduled to open on [date], could translate to a substantial windfall for the celebrity couple.

In January 2020, Kohli, the Indian cricket team captain, and actress Anushka Sharma invested approximately ₹2 crore (US$260,000) in Go Digit through a private placement. Their investment reportedly included 266,667 shares at a unit price of ₹75 each.

With the Go Digit IPO setting a price band of ₹258-₹272 per share, the value of Kohli and Sharma's initial investment could surge significantly. At the upper end of the price band, their investment could translate to a staggering ₹9.06 crore (US$1.2 million), representing a potential multibagger return of over 263%.

This news highlights the potential for high returns in the world of startup investments. Early investment in promising ventures can lead to significant financial gains, as seen in this case. However, it's crucial to remember that startup investments carry inherent risks. These ventures often operate in unproven markets and face a high degree of uncertainty.

While Kohli and Sharma's investment appears to be a success story, it's important not to solely rely on celebrity endorsements when making investment decisions. Thorough research, understanding a company's business model, and a well-defined risk management strategy are all essential for navigating the complex world of startup investments.

For many celebrities, angel investing in startups offers a way to diversify their income streams beyond traditional sources like brand endorsements and acting careers. It allows them to potentially tap into high-growth markets and create significant wealth.

However, it's important for fans and aspiring investors to understand that celebrity investment decisions shouldn't be blindly followed. Financial planning and a personalized investment strategy tailored to individual risk tolerance and investment goals are crucial for building long-term wealth.

The Go Digit IPO story sheds light on the potential rewards and risks associated with startup investments. While the prospect of high returns can be alluring, careful consideration and a diversified investment portfolio remain key elements of successful financial planning.

Gobind Arora

Gobind Arora

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