11 November Update: Linkintime Policy Bazaar IPO Allotment Status Date – Check Policy Bazaar IPO Status and Share Price Online now.
Policy Bazaar IPO Allotment Status will be released today on 10th November. Initial Public Offer (IPO) of PB Fintech Limited which operates the online insurance platform Policy Bazaar and credit comparison portal Paisa Bazaar, was available for subscription till 3rd November. It was subscribed 16.59 on the last day of subscription. The price range for the offer was Rs 940-980 per share.
The issue received bid 57,23,84,100 shares against 3,45,12,186 shares on offer. It is registered by Link Intime India Private Limited and IPO Allotment details can be checked through its official portal or on the official portal of the BSE India Website.
Policy Bazaar IPO finalization of the basis of share allotment is likely to take place on 10th November and equity shares are expected to be credited on Demat account who got allotment on 12th November. You can check the Policy Bazaar IPO allotment date online through the links given on this page.
Policy Bazaar IPO Details
|Policy Bazaar IPO Details|
|IPO Name||Policy Bazaar IPO|
|Parent Company||PB Fintech Limited|
|IPO Size||₹ 5710 Crores|
|Face Value||₹ 2 Per Equity Share|
|Price Band||₹940 to ₹980|
|Allotment Date||10th November|
PB Fintech Limited which is the parent company of Policy Bazaar and Paisa Bazaar has raised ₹ 5,710 crores via Initial Public Offer. Which had a fresh issue of Rs 3,750 crore worth of equity shares and an offer for sale of about Rs 1,960 crore by existing shareholders. The share price band for the same is fixed at ₹940 to ₹980. The face value of its stock is ₹2.
If we talk about the company details, the company reported a loss of ₹294.84 crores last year and ₹141.91 crores this year. As a big brand name, we might see good results in upcoming years. As the company is working as an insurance comparison it might be possible that some big companies will give support to the brand value.
Policybazaar/PB Fintech IPO Important Dates
Price Band for Police Bazaar IPO was announced on 26th October for which Anchor Investors Allotment was done on 29th October. Policy Bazaar IPO was opened on November 01, 2021, and closed on November 03, 2021. Policy Bazaar IPO Allotment finalization may take place on 10th November and refund may be finalized on 11th November.
It may be credited to the Demat account on 12th November and IPO will be listed on the 15th of November.
How to Check Police Bazaar IPO Status Online?
Policy Bazaar IPO Allotment Status will be available online. You can allotment status through the official portal of BSE India. You can follow the step-wise instruction to check Status Online.
- First, visit the official portal of the Bombay Stock Exchange (BSE) or use the direct link given below.
- After that open the tab named “investors” and select the link for “Status of Issue Application”.
- Now you will see a link for “application status check” open it.
- Then select issue type and issue name.
- After that enter your Policybazaar IPO application number and PAN card details.
- Now submit it and check your status.
|To Check Allotment on Linkintime||Check Here|
|Allotment on BSE India||Check Here|
What is the Policy Bazaar IPO Allotment Date?
Answer: Policy Bazaar IPO allotment date is 10th November 2021.
What is the refund date for Policy Bazaar IPO?
Answer: The refund date for Windlass Biotech IPO is 11th November 2021.
What are the chances of getting a Policy Bazaar IPO?
Answer: Right now it will be around 3:1.
How to Check Policy Bazaar IPO Allotment Status?
Answer: Police Bazaar IPO allotment status can be checked from Link Intime India Pvt. Ltd.