PB Fintech Restricted aka PolicyBazaar filed draft pink listening to prospectus (DRHP) with SEBI for ₹6017.5 crore IPO. PaisaBazaar and PolicyBazaar are the a part of PB Fintech.
PolicyBazaar IPO information DRHP with SEBI on 02 August 2021, Monday. The corporate to lift ₹6017.5 crores by way of IPO that includes ₹3750 crore of contemporary subject and supply on the market as much as ₹2267.50 crores. PB Fintech is the guardian firm of PolicyBazaar and PaisaBazaar. They’re one of many largest on-line insurance coverage platform. The Policybazaar and Paisabazaar platform presents the massive and extremely beneath penetrated on-line insurance coverage and lending markets. The corporate was integrated in 2008 as “Etechaces Advertising and Consulting Pvt. Ltd.” afterward the title was modified to “PB Fintech Pvt. Ltd.” in 2020. They’re Indian insurance coverage aggregator and multinational monetary expertise firm based mostly in Gurgaon. The corporate based in 2008 by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar. Try PolicyBazaar IPO particulars.
- PB Fintech Restricted is a guardian firm of Policybazaar and Paisabazaar.
- The corporate is backed by Softbank Group, SVF Python II (Cayman).
- The corporate additionally backed by marquee traders corresponding to Temasek, Data Edge and extra.
- The corporate is doing loss for final 3 years nevertheless it narrowed down the identical in 2021.
PolicyBazaar IPO Assessment
Brokerage Agency IPO Critiques
- ICICI Securities: To be up to date quickly
- Motilal Oswal: To be up to date quickly
- Capital Market: To be up to date quickly
- Ventura Securities Restricted: To be up to date quickly
- KR Choksey: To be up to date quickly
- GEPL Capital Ltd: To be up to date quickly
PolicyBazaar IPO Date & Worth Band
|IPO Open:|| 2021
|IPO Shut:|| 2021
|IPO Dimension:||Approx ₹6017.5 Crores|
|Recent Problem:||Approx ₹- Crores|
|Supply for Sale:|| Approx ₹- Crores
|Face Worth:||₹2 Per Fairness Share|
|Worth Band:||₹- to ₹- Per Share|
|Itemizing on:||BSE & NSE|
PolicyBazaar IPO Market Lot
The PolicyBazaar IPO minimal market lot is – shares with ₹- utility quantity. The retail traders can apply up-to – heaps, – shares with ₹- utility quantity.
|Minimal Lot Dimension:||Minimal – Shares|
|Most Lot Dimension:||Most – Shares|
PolicyBazaar IPO Date, Time Desk, Allotment & Itemizing
The PolicyBazaar IPO date is 2021 and the IPO shut date is 2021. The allotment date is 2021 and the IPO could checklist on 2021.
|Worth Band Announcement:|| 2021
|Anchor Buyers Allotment:|| 2021
|IPO Open Date:|| 2021
|IPO Shut Date:|| 2021
|Foundation of Allotment:|| 2021
|Credit score to Demat Account:|| 2021
|IPO Itemizing Date:|| 2021
PolicyBazaar IPO Kind
Learn how to apply the PolicyBazaar IPO? You possibly can apply PolicyBazaar IPO by way of ASBA accessible in your checking account. Simply go to the web financial institution login and apply by way of your checking account by deciding on the PolicyBazaar IPO within the Make investments part. The opposite possibility you possibly can apply PolicyBazaar IPO by way of IPO varieties obtain by way of NSE and BSE. Try the PolicyBazaar varieties – click on NSE Forms & BSE Forms clean IPO varieties obtain, fill and submit in your financial institution or along with your dealer.
PolicyBazaar Firm Monetary Report
|₹ in Crores|
- Firm is a professionally managed firm and doesn’t have an identifiable promoter.
The corporate was integrated as “Etechaces Advertising and Consulting Pvt. Ltd.”, on June 4, 2008 beneath the Corporations Act, 1956. The corporate title was modified to “PB Fintech Pvt. Ltd.”, on September 18, 2020, to emphasize the character of our fintech enterprise and subsequently transformed to a public restricted firm on June 30, 2021.
DRHP Draft Prospectus
RHP Draft Prospectus
PolicyBazaar IPO Registrar
Hyperlink Intime India Non-public Restricted
C 101, 247 Park
Mumbai 400 083
Tel: +91 22 4918 6200
Web site: www.linkintime.co.in
Investor Grievance ID: email@example.com
Contact Particular person: Shanti Gopalkrishnan
SEBI Registration Quantity: INR000004
PolicyBazaar IPO Lead Managers
- Kotak Mahindra Capital Firm Restricted
- Morgan Stanley India Firm Non-public Restricted
- Citigroup World Markets India Non-public Restricted
- ICICI Securities Restricted
- HDFC Financial institution Restricted
- IIFL Securities Restricted
- Jefferies India Non-public Restricted
PB Fintech Restricted
Company Id Quantity: U51909HR2008PLC037998
Plot No. 119, Sector 44
Gurgaon, Haryana 122 001
Contact Particular person: Bhasker Joshi
Firm Secretary and Compliance Officer
Phone: +91 124 456 2907
Web site: www.pbfintech.in
PolicyBazaar IPO FAQs
What’s PolicyBazaar IPO?
When PolicyBazaar IPO will open?
What’s PolicyBazaar IPO Buyers Portion?
Learn how to Apply the PolicyBazaar IPO?
Learn how to Apply the PolicyBazaar IPO via Zerodha?
Learn how to Apply the PolicyBazaar IPO via Upstox?
What’s PolicyBazaar IPO Dimension?
What’s PolicyBazaar IPO Worth Band?
What’s PolicyBazaar IPO Minimal and Most Lot Dimension?
What’s PolicyBazaar IPO Allotment Date?
What’s PolicyBazaar IPO Itemizing Date?
Word: The PolicyBazaar IPO closing particulars just isn’t introduced but and might be up to date as it is going to formally introduced. The IPO gray market premium (PolicyBazaar IPO Premium) just isn’t began. You possibly can test our IPO grey market web page for each day updates.)