Virat Kohli’s net worth drops after market crash.
Indian cricket legend Virat Kohli’s investment in Go Digit General Insurance has drawn attention following a recent dip in the company’s stock value, prompting speculation over his financial standing.
Reports suggest that Kohli may have faced a notional loss of around ₹2 crore due to a decline in the share price, though his investment remains in profit.
Investment in Go Digit
Kohli, alongside his wife and actress Anushka Sharma, had invested in Go Digit in February 2020.
The cricketer acquired 2.66 lakh equity shares at ₹75 per share, amounting to an investment of ₹2 crore, while Sharma purchased 66,667 shares for ₹50 lakh.
Go Digit made a strong market debut on May 23, 2024, raising ₹1,125 crore through a fresh issue and an additional ₹1,489.65 crore via an offer-for-sale.
The IPO witnessed an overwhelming response, being oversubscribed 9.6 times, with high participation from retail and institutional investors.
Following its listing, the company’s share price surged past ₹300 per share, significantly boosting Kohli’s investment.
According to the reports, his holdings peaked at approximately₹8 crore, while Anushka Sharma’s stake rose to₹2 crore.
However, over the past six months, Go Digit’s stock price has fallen by 25%, reflecting broader market volatility.
If Kohli retained his shares, the revised valuation would stand at ₹6 crore, marking a decline of ₹2 crore from its highest point.
Despite this drop, his investment still holds substantial gains compared to the initial purchase price.
The decline shows a wider trend in stock markets, where several companies have witnessed price corrections.
Financial analysts suggest that fluctuations are part of market cycles and long-term investors, including high-profile figures like Kohli, often ride out such periods.
