SEBI clears Fairfax-backed Digit's IPO after delay, letter shows
After addressing the issues, Digit, which operates in the general insurance sector and counts Canadian billionaire Prem Watsa's Fairfax Group and A91 Partners among its backers, refiled its IPO papers with SEBI last March, which the regulator has now approved.
"The proposed issue can open for subscription within a period of 12 months," said the letter sent on Friday to Digit and its IPO advisers, seen by Reuters. Pic: Reuters