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Policybazaar IPO

IPO Status: Listed [1st Nov 2021 to 3rd Nov 2021]

Rated 4/5 by Team InvestorGain
Policybazaar IPO Detail

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.

Policybazaar IPO Details

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

Policybazaar IPO Important Dates

Get important updates regarding Policybazaar IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Policybazaar IPO dates
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

Policybazaar IPO Lots

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):

Policybazaar IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
15-11-2021980135--₹1115 (13.78%)15-Nov-2021 8:59
IPO Live GMP
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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.

About Company - Policybazaar

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.

Policybazaar IPO Strengths

  • Customer-friendly brands - Policybazaar and Paisabazaar.
  • User-friendly proprietary Technology, Data, and intelligence Stack.
  • Large market share with 93.4% in no. of policies sold in 2020 and 51.4% market share in disbursals.
  • Strong, efficient, and intelligent network with 51 Insurer partners and 54 lending partners.
Incorporation Sector IPO Issue Size Website
1956 Insurance ₹6,017.5 Cr https://www.pbfintech.in/

Policybazaar IPO Objective

The IPO aims to raise money for the following purposes;

  1. To enhance brand visibility and awareness of Policybazaar and Paisabazaar.
  2. To take business expansion initiatives to increase consumer base.
  3. Funding strategic investment and acquisition.
  4. To expand business presence outside India.
  5. General corporate purposes.
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Policybazaar IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 19,329,621 Shares
  • Non-Institutional Investors: 9,109,539 Shares
  • Retail Individual Investor: 6,073,026 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIITotal
 # of Shares Offered19,329,621 (56.01%)9,109,539 (26.4%)6,073,026 (17.6%)34,512,186
11st Nov 2021 17:020.56x0.06x1.18x0.54x
22nd Nov 2021 17:022.08x0.23x2.04x1.59x
33rd Nov 2021 17:0224.89x7.82x3.31x16.58x
Policybazaar financial
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)

Company Address

PB Fintech Limited
Plot No. 119, Sector 44,
Gurgaon,Haryana-122 001
India
Website: https://www.pbfintech.in/
Phone: +91 124 456 2907
Email: [email protected]

Policybazaar IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
Policybazaar IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Policybazaar? Should I apply in Policybazaar IPO?

Last Updated on 22-Nov-2021 09:07:08


User Reviews

6. Vinay Jain Oct 18 2021 11:48:31 AM Reply
PolicyBazar-
GMP-235
Kostak-400
Subject to 2800
5. NEERAJ Oct 17 2021 09:34:23 AM Reply
Policybazaar IPO expected listing gain.
4. Yeluri Sarma Oct 17 2021 09:34:23 AM Reply
Please confirm Policybazaar IPO GMP (grey market premium) and kostak.
3. Tpprajwal Tp Oct 17 2021 09:34:23 AM Reply
Policybazaar IPO good or bad.
2. nippulapalli srilatha Oct 17 2021 09:34:23 AM Reply
Policybazaar IPO whether to invest or not.
1. Vikas Patil Oct 17 2021 09:34:23 AM Reply
Policybazaar IPO - CRISIL Rating, Apply or not?.