Categories: Gray Market Premium

Policybazaar IPO Grey Market Premium, GMP Today, Kostak Rate

About the Company:-

Policybazaar IPO Grey Market Premium, The company has built India’s largest online platform for insurance and lending products leveraging the power of technology, data and innovation, according to Frost & Sullivan. It provides convenient access to insurance, credit and other financial products and aims to create awareness amongst Indian households about the financial impact of death, disease and damage. Through its consumer-centric approach, the company seeks to enable online research-based purchases of insurance and lending products and increase transparency, which enables consumers to make informed choices.

PB Fintech Limited.

The company launched Policybazaar, as its flagship platform, in 2008 to respond to Consumers’ need for more awareness, choice and transparency and create a consumer-pull based, provider-neutral model for insurance distribution. In Fiscal 2020, Policybazaar was India’s largest digital insurance marketplace with a 93.4% market share based on the number of policies sold, IPO list on NSE and BSE.

Policybazaar IPO Grey Market Premium, GMP Today, Kostak Rate

Policy Bazaar Business

The IPO of Policy Bazaar (PB Fintech Limited) , which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, Policy Bazaar is online insurance provide to direct customer, and his portal all insurance company insurance policy available, and easy to buy any policy, Paisabazaar is provide loans credit card and credit score, Paisabazaar also provide all bank credit card and easy to use.

How to Open Demat Account, Demat Account

Gray Market Premium GMP Today

Policybazaar IPO GMP is Rs.150 as on today.

Gray Market Premium GMP

02 Nov 2021150
01 Nov 2021150
Gray Market Premium GMP

What is PolicyBazaar IPO Kostak Rate Today?

Policybazaar IPO Kostak Rate is Rs. 300 as on today.

What is PolicyBazaar IPO Subject to Sauda Today?

NA

What is Policybazaar IPO Expected Returns?

Expected return 15%

PB Fintech Limited Promoters:-

PB Fintech’s promoters and cofounders Yashish Dahiya and Alok Bansal.

PB Fintech Limited IPO Details:-

IPO Opening Date01 November 2021
IPO Closing Date03 November 2021
Application Timings10 AM to 05 PM
IPO SizeRs. 5,710 Cr
Fresh IssueRs. 3,750 Cr
Offer for SaleRs. 1,959.72 Cr
Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Share
Price BandRs. 940 to Rs. 980 per equity share
Listing At.NSE & BSE
Minimum Quantity15 Shares
Minimum Investment (Cut-off Price)Rs. 14,700 for 1 Lot
Maximum Investment (Cut-off Price) IndividualRs. 191,100 for 13 Lots
Retail Quota10%
QIB Quota75%
NII Quota15%
Discount
PB Fintech Limited IPO Details

PB Fintech Limited IPO Market Lot Size:-

PolicyBazaar IPO minimum market lot is 15 shares with Rs 14,700 application amount (Cut-off Price). The retail investors can apply up-to 13 lots, 14,700 shares with Rs 191,100 application amount (Cut-off Price).

PB Fintech Limited IPO Date, Time Table, Allotment, Refund & Listing:-

The PolicyBazaar IPO open date is Nov 01, 2021, and the close date is Nov 03, 2021. The issue may list on Nov 15, 2021.

IPO Open DateNov 01, 2021
IPO Close DateNov 10, 2021
Application Timings10am to 5pm
Basis of Allotment DateNov 10, 2021
Initiation of RefundsNov 11, 2021
Credit of Shares to Demat AccountNov 12, 2021
IPO Listing DateNov 15, 2021
PolicyBazaar PB Fintech Limited IPO Date, Time Table, Allotment, Refund & Listing

Objects of the Issue:-

  • For enhancing visibility and awareness of company’s brands, including but not limited to “Policybazaar” and “Paisabazaar”.
  • New opportunities to expand company’s consumer base including offline presence.
  • Funding strategic investments and acquisitions.
  • Expanding presence outside India.
  • General corporate purposes.

Competitive Strengths:-

  • Providing a wide choice and transparency to customers to research and select insurance and personal credit products.
  • Easy to buy any policy.
  • Strong network effects for Policybazaar and Paisabazaar platforms.
  • Well Experienced Founders and management Team.

Company Financials:-

Particulars For the year/period ended (Amount in Crores)

31-Mar-2131-Mar-2031-Mar-19
Total Assets2330.72 Cr.1575.99 Cr.751.44 Cr.
Total Revenue886.66 Cr.771.29 Cr.492.24 Cr.
Profit After Tax(-150.24) Cr.(-304.03) Cr.(346.81) Cr.
PB Fintech Limited Financial Details

PB Fintech Limited IPO Promoter Holding:-

Pre Issue Share Holding –
Post Issue Share Holding –

PB Fintech Registrar:-

Link Intime India Private Limited  
Phone Tel: +91 022 4918 6200
Email: Paytm.ipo@linkintime.co.in
Website: http://www.linkintime.co.in/
Paytm IPO allotment status: https://linkintime.co.in/MIPO/Ipoallotment.html

PolicyBazaar IPO Prospectus:

IPO DRHP: https://www.bseindia.com/corporates/download/302822/PBFintechDRHP_20210804162321.pdf

IPO RHP: https://www1.nseindia.com/content/equities/IPO_RHP_PBFINTECHLTD.pdf

What is PolicyBazaar IPO?

IPO Issue Amount : Upto Rs. 5,710 Cr. The IPO Open 01 November 2021 To 03 November 2021.

What is PB Fintech Limited IPO?

IPO Issue Amount : Upto Rs. 5,710 Cr. The IPO Open 01 November 2021 To 03 November 2021.

How to apply Policy Bazaar IPO through Zerodha kite?

Login zerodha/kite app with your user id and password and go to user section (console) and choose IPO option and select PB Fintech Limited IPO click Bid and fill your UPI id and quantity tick cut-off price and tick the term condition and rule regulations and click submit and pay the amount, open your upi app and click pay option and enter your upi payment pin then click pay, if enter your upi pin IPO amount debit/hold on your bank account, Maintain the balance on bank account.

Company Address:-

PolicyBazaar, PB Fintech Limited.

Registered Office:
Plot No. 119, Sector 44 Gurgaon,
Haryana 122 001, India
Phone: +91 124 456 2907
Email: investor.relations@pbfintech.com
Website: https://www.pbfintech.in/ htpps://policybazaar.com/

When PolicyBazaar IPO will open?

IPO Open 01 November 2021 To 03 November 2021.

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