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Policy Bazaar IPO Allotment Status Date Linkintime Direct Link

Policy Bazaar IPO Allotment Status: PB Fintech Limited, the parent company of online insurance aggregator PolicyBazaar and credit comparison portal Paisabazaar has opened its Initial Public Offer (IPO) for subscriptions. The offer was opened from November 1 to November 3 2021. PB Fintech aka Policybazaar IPO Allotment will be finalized on November 10, 2021.

The IPO was overall subscribed 16.59 times on the last day of subscription. National Stock Exchange data points out that the issue received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer. The price band has been kept between 940₹-980₹ per share with a minimum lot size of 15 shares.

The category for Qualified Institutional Buyers (QIBs) was subscribed 24.89 times and that of non-institutional investors 7.82 times and Retail Individual Investors (RIIs) 3.31 times. The company has raised ₹ 5,710 crores via Initial Public Offer. Which had a fresh issue of ₹ 3,750 crores worth of equity shares and an offer for sale of about Rs 1,960 crore by existing shareholders.

Policy Bazaar IPO Allotment Details

Policy Bazaar IPO Allotment Status

IPO Name Policy Bazaar IPO
Parent Company Name PB Fintech Limited
Opening Date 01 November 2021
IPO Closing Date 03 November 2021
IPO Size Rs. 5710 Crore
Price Brand 940-980₹
Face Value 2₹ Per Equity Share
IPO Allotment Date 10 November 2021

Investors who had subscribed to the Policy Bazaar IPO Allotment must be willing to check the allotment status. The subscribers can check the allotment status by the different methods as shared below.

Important Dates for Policy Bazaar IPO Allotment

The IPO Allotment for Policy Bazaar will be finalized on 10 November 2021. The refund to the unsuccessful bidders will be initiated on November 11 and to the successful buyers, the shares will be credited to the Demat account on November 12. The IPO may list on the BSE on 15 November 2021.

How to check PB Fintech/Policy Bazaar IPO Allotment Status Online

To check the Policybazaar IPO Allotment, the investors can go online via BSE Website, Linkintime website, or check it via their bank account and Demat login. Here, we are giving some simple steps to check the Policy Bazaar IPO Allotment Status.

  • First, visit the official portal of the BSE using the direct link given below.
  • After that, open the tab named “investors” and select the link for “Status of Issue Application”.
  • Click on the link for “application status check”.
  • Then, select the issue type and issue name.
  • After that, enter your Policybazaar IPO application number and PAN card details.
  • Submit all the necessary details and check the status.
Important Links
Policy Bazaar IPO Allotment Status on BSE Check Here
Policy Bazaar IPO Allotment on Linkintime Check Here
Policy Bazaar IPO Allotment on IPO Watch Check Here

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