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IPO Status: Listed [1st Nov 2021 to 3rd Nov 2021]
Policybazaar IPO of Rs. 6,017.5 Cr comprising of a fresh issue of Rs. 3,750 cr and an offer for sale of Rs. 2,267.5 Cr to hit the market soon to list on the BSE and NSE platform. The IPO opens for subscription from 1st Nov and closes on 3 November 2021.. The IPO price band is fixed at Rs. 940-980 per share and the lot size is 15 shares. Stay updated with us to know more about the Polizybazaar IPO issue size, minimum order amount, business overview, company financials, live subscription, allotment status, and more.
IPO Issue Opening Date: | 1st Nov 2021 |
IPO Issue Closing Date: | 3rd Nov 2021 |
IPO Issue Price: | ₹940-980 Per Share |
DRHP: | Download DRHP |
RHP: | Download RHP |
Anchor List: | Download Anchor List |
IPO Listing At: | BSE, NSE |
Retail Quota: | 17.6 |
IPO Issue Type: | Book Build Issue |
IPO Issue Size: | ₹6,017.5 Cr |
Offer for Sale: | ₹2,267.5 Cr |
Fresh Issue: | ₹3,750 Cr |
Face Value: | ₹2 Per Equity Share |
Promoter Holding Pre IPO: | TBD |
Promoter Holding Post IPO: | TBD |
Allotment Status: | Allotment Status |
BSE Code: | 543390 |
NSE Code: | POLICYBZR |
Get important updates regarding Policybazaar IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
IPO Activity | Date |
---|---|
Basis of Allotment Date* | 10th Nov 2021 |
Refunds Initiation* | 11th Nov 2021 |
Credit of Shares to Demat* | 12th Nov 2021 |
IPO Listing Date* | 15th Nov 2021 |
* - Tentative Dates
IPO Activity | Date |
---|---|
Issue Price | ₹940-980 |
Market Lot: | 15 Shares |
1 Lot Amount: | ₹14700 |
Min Small HNI Lots(2-10 Lakh): | 210 shares(14 lots) |
Min Big HNI Lots(10+ Lakh): |
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
---|---|---|---|---|---|
15-11-2021 | 980 | 135 | -- | ₹1115 (13.78%) | 15-Nov-2021 8:59 |
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Policybazaar is India's largest online platform for insurance and lending products leveraging the power of technology and innovation. The online platform provides easy access to various financial products i.e. insurance, credit, and other financial products.
Its Policybazaar platform was launched in 2008 and as per Frost & Sullivan, it is India's largest insurance provider with a 93.4% market share. Later, in 2014, it has launched Paisabazaar to transform and according to Frost & Sullivan, Paisabazaar is India's largest digital consumer credit marketplace with a 51.4% market share.
Incorporation | Sector | IPO Issue Size | Website |
1956 | Insurance | ₹6,017.5 Cr | https://www.pbfintech.in/ |
The IPO aims to raise money for the following purposes;
The table below is live update of IPO bidding details from NSE and BSE.
Day | QIB | NII | RII | Total | |
---|---|---|---|---|---|
# of Shares Offered | 19,329,621 (56.01%) | 9,109,539 (26.4%) | 6,073,026 (17.6%) | 34,512,186 | |
1 | 1st Nov 2021 17:02 | 0.56x | 0.06x | 1.18x | 0.54x |
2 | 2nd Nov 2021 17:02 | 2.08x | 0.23x | 2.04x | 1.59x |
3 | 3rd Nov 2021 17:02 | 24.89x | 7.82x | 3.31x | 16.58x |
Policybazaar Financials (₹ in Cr) | 30-Jun-2021 | 31-Mar-2021 | 31-Mar-2020 | 31-Mar-2019 |
---|---|---|---|---|
Total Assets | ₹2,278.91 | ₹2,330.73 | ₹1,576.00 | ₹751.45 |
Total Income | ₹258.17 | ₹957.41 | ₹855.56 | ₹528.81 |
Net Profit/Loss | ₹(110.84) | ₹(150.24) | ₹(304.03) | ₹(346.81) |
Last Updated on 22-Nov-2021 09:07:08
GMP-235
Kostak-400
Subject to 2800