Policybazaar IPO Date – The PolicyBazaar IPO open date is Nov 1, 2021, and the close date is Nov 3, 2021. The issue may list on Nov 15, 2021.
Policybazaar IPO Promoters – To be updated.
Policybazaar IPO Price Band – PB Fintech Ltd, the owner of online platform Policybazaar and Paisabazaar, has set a price band Rs 940-980 a share for its initial public offering. Earlier on Tuesday the firm said its IPO will open on 1 November and close on 3 November.
Policybazaar IPO Lot Size – The PolicyBazaar IPO market lot size is 15 shares. A retail-individual investor can apply for up to 13 lots (195 shares or Rs 191,100).
Policybazaar IPO Equity Size – IPO issue size combines a fresh issue of Rs.3,750 crores and an offer for sale of Rs.2,267.5 crores.
Policybazaar IPO Listing Date – The PolicyBazaar IPO may list on 15 November 2021 .
Policybazaar IPO Subscription – The PolicyBazaar IPO is subscribed 0.22 times. The public issue subscribed 0.75 in the retail category, 0.16 in the QIB category, and 0.01 in the NII category.
Policybazaar IPO Allotment Status – These are the following ways to check the allotment status of IPO:
You can check your Demat account or ask your stockbroker. If the equity shares are credited into your Demat account then you have got the allotment. You can log in to your Bank Account to check if the amount is Debited or not or visit this link and select the IPO to check the Status. You can Click on Registrar Link and check the Allotment.
Policybazaar IPO Financial Statements –
|Particulars||For the year/period ended (Rs in Millions)|
|Profit After Tax||(1,108.44)||(597.53)||(1,502.42)||(3,040.29)||(3,468.11)|
Objects of the Issue:
The net proceed from the IPO will be utilized towards the following purposes;
- For enhancing visibility and awareness of company’s brands, including but not limited to “Policybazaar” and “Paisabazaar” – Rs.15,000 Million;
- New opportunities to expand company’s consumer base including offline presence – Rs.3,750 Million;
- Funding strategic investments and acquisitions – Rs.6,000 Million;
- Expanding presence outside India – Rs.3,750 Million; and
- General corporate purposes.
Policybazaar IPO Grey Market Premium – This IPO GMP To be updated.
MobiKwik IPO Listing Price – To be updated.