The Royal Challengers Bengaluru might be out of the Indian Premier League (IPL) 2024, but there’s good news for Virat Kohli fans. Virat Kohli has reached a new milestone, this time as an investor.
Wondering what it’s about? Here are the details.
Go Digit General Insurance had its IPO on the stock market on May 23, 2023. Because of this, Virat Kohli and Anushka Sharma, who invested in the company in February 2020, got huge returns. Their investment has grown four times, and they still own their shares in the company. Virat Kohli bought 266,667 shares at ₹75 each, totaling ₹2 crore, while Anushka Sharma bought 66,667 shares for ₹50 lakh.
As the share price of Go Digit went over ₹300, Virat Kohli’s ₹2 crore investment increased to ₹8 crore, and Anushka Sharma’s investment rose to ₹2 crore. The Go Digit IPO included a fresh issue of shares worth ₹1,125 crore and an offer-for-sale of up to 5.48 crore shares, totaling ₹1,489.65 crore.
The IPO was very popular, receiving bids for 50.76 crore shares against the 5.28 crore shares available. It was subscribed 4.27 times by retail investors, 7.24 times by non-institutional investors, and 2.56 times by qualified institutional buyers (QIBs).
Beyond the 22 yards, Virat Kolhi has always been someone who believes in investing. Virat’s investments serve as a perfect example of how invested he is both on and off the field.
Here are some of Virat’s other earnings as well.
| VIRAT KOHLI’S FINANCIAL INNINGS OFF THE FIELD | ||
| COMPANY | EARNINGS (APPROX) | INVESTMENT |
| FC Goa | ₹1.8 crore annually | Co-owner, undisclosed investment |
| Blue Tribe | ₹1.5 crore annually | Investor, undisclosed amount |
| Universal Sportsbiz (USPL) | ₹8 crore annually | Stake in the company |
| Chisel Fitness | ₹90 lakh annually | 90 Crores |
| Stepathlon Kids | ₹45 lakh annually | Stake in the company |
| Sports Convo | ₹30 lakh annually | Stake in the company |
| VIRAT KOHLI’S FINANCIAL INNINGS ON THE FIELD | |
| TEAM / BOARD / BRAND | EARNINGS (APPROX) |
| Board of Control for Cricket in India (BCCI) | ₹7 crore annually |
| Royal Challengers Bengaluru (RCB) | ₹15.25 crore per season |
| MRF (Cricket Equipment) | ₹12.5 crore annually |
Investments and earnings like these make Virat Kohli the one of the most expensive and one of the richest cricketers in the world.
Virat Kohli’s foray into investment has proven to be as successful as his cricketing career. His strategic investments in companies like Go Digit General Insurance have yielded remarkable returns, showcasing his acumen beyond the cricket field.
Also Read : https://thesportzplanet.com/happy-birthday-rohit-sharma-know-team-india-captains-business-investments-net-worth-and-more/
Kohli and his better half, Anushka Sharma have substantially increased their wealth. Kohli’s approach to wealth management cements his position as one of the most financially savvy athletes globally.
The Sportz Planet Desk,
Atharva Shetye.
