PolicyBazaar IPO Date, Review, Price, Form & Market Lot Details


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.

 

Essential 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

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
 Retail Portion:  10%
 Low cost:  N/A

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
 Minimal Quantity:  ₹-
 Most Lot Dimension:  Most – Shares
 Most Quantity:  ₹-

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
 Refunds:  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
Revenue Expense PAT
2018 ₹- ₹- ₹-
2019 ₹529 ₹866 -₹337.42
2020 ₹856 ₹1150 -₹294.84
2021
₹957 ₹1099 -₹141.91

Firm Promoters

  • Firm is a professionally managed firm and doesn’t have an identifiable promoter.

 

About PolicyBazaar

We’ve got constructed India’s largest on-line platform for insurance coverage and lending merchandise leveraging the ability of expertise, knowledge and innovation. Our Policybazaar and Paisabazaar platform choices deal with the massive and extremely underpenetrated on-line insurance coverage and lending markets. We offer handy entry to insurance coverage, credit score and different monetary merchandise and purpose to create consciousness amongst Indian households concerning the monetary influence of loss of life, illness and harm. By way of our consumer-centric strategy, we search to allow on-line research-based purchases of insurance coverage and lending merchandise and improve transparency, which permits Customers to make knowledgeable decisions. We additionally facilitate our Insurer and Lending Companions within the monetary providers trade to innovate and design customised merchandise for Customers leveraging our intensive knowledge insights and knowledge analytics capabilities.

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.

Fast Hyperlinks

DRHP Draft Prospectus
RHP Draft Prospectus

PolicyBazaar IPO Registrar

Hyperlink Intime India Non-public Restricted  
C 101, 247 Park  
L.B.S Marg  
Vikhroli (West)  
Mumbai 400 083  
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: policybazaar.ipo@linkintime.co.in
Web site: www.linkintime.co.in
Investor Grievance ID: policybazaar.ipo@linkintime.co.in
Contact Particular person: Shanti Gopalkrishnan
SEBI Registration Quantity: INR000004

Word: Examine PolicyBazaar IPO allotment standing on Linkintime web site allotment URL. Click Here

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

Firm Tackle

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
E-mail: investor.relations@pbfintech.com
Web site: www.pbfintech.in

PolicyBazaar IPO FAQs

What’s PolicyBazaar IPO?

PolicyBazaar IPO is a main-board IPO. They’ll elevate ₹6017.5 Crores by way of IPO. The problem is priced at ₹- to ₹- per fairness share. The IPO to be listed on BSE & NSE.

When PolicyBazaar IPO will open?

The IPO is to open on 2021 for QIB, NII, and Retail Buyers.

What’s PolicyBazaar IPO Buyers Portion?

The traders’ portion for QIB 75%, NII 15%, and Retail 10%.

Learn how to Apply the PolicyBazaar IPO?

You possibly can apply PolicyBazaar IPO by way of ASBA on-line by way of your checking account. You may also apply ASBA on-line by way of UPI via your inventory brokers. You may also apply by way of your inventory brokers by filling up the offline kind.

Learn how to Apply the PolicyBazaar IPO via Zerodha?

Log in to Console in Zerodha Web site or in Utility. Go to Portfolio and Click on on IPO. You will note the IPO Identify “PolicyBazaar Finance”. Click on on Bid Button. Enter your UPI ID, Amount and Worth. Submit IPO Utility Kind. Now go to your UPI App on Internet Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

Learn how to Apply the PolicyBazaar IPO via Upstox?

Log in to Upstox Utility along with your credentials. Choose the IPO. You will note the IPO Identify “PolicyBazaar Finance”. Click on on Bid Button. Affirm your utility. Now go to your UPI App on Internet Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.

What’s PolicyBazaar IPO Dimension?

PolicyBazaar IPO dimension is ₹6017.5 crores. The IPO includes ₹3750 crores contemporary subject and supply on the market of ₹2267.50 crores.

What’s PolicyBazaar IPO Worth Band?

PolicyBazaar IPO Worth Band is ₹- to ₹- per fairness share.

What’s PolicyBazaar IPO Minimal and Most Lot Dimension?

The minimal bid is – Shares with ₹- quantity whereas most bid is – shares with ₹-.

What’s PolicyBazaar IPO Allotment Date?

PolicyBazaar IPO allotment date is 2021.

What’s PolicyBazaar IPO Itemizing Date?

PolicyBazaar IPO itemizing date is 2021. The IPO to checklist on BSE and NSE.

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.)



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