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November 1, 2021 - November 3, 2021

PolicyBazaar IPO FAQ

PolicyBazaar IPO Date & Price

The PolicyBazaar IPO opens on November 1, 2021 and closes on November 3, 2021.

PolicyBazaar IPO timetable / schedule is as below:
  • Bid/Offer Opens On: November 1, 2021
  • Bid/Offer Closes On: November 3, 2021
  • Finalization of Basis of Allotment: November 10, 2021
  • Initiation of refunds: November 11, 2021
  • Credit of Equity Shares: November 12, 2021
  • Listing Date: November 15, 2021

PolicyBazaar IPO price is set at ₹980 per equity share.

PolicyBazaar IPO will close for subscription at 5 PM on November 3, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The PolicyBazaar IPO starts on November 1, 2021. The issue ends on November 3, 2021.

PolicyBazaar IPO Issue Size and Subscription Status

The PolicyBazaar IPO size is Equity Shares of ₹2 aggregating up to ₹5,625.00 Cr.

PB Fintech Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for PolicyBazaar IPO shares through the banks (using ASBA) or through the broker (using UPI).

PolicyBazaar IPO Offer Size

Qualified Institutional Buyers (QIB)19,329,621 Shares
Non-Institutional Investors (NII)9,109,539 Shares
Retail Individual Investor (RII)6,073,026 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size34,512,186 Shares

PolicyBazaar IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)24.89 times times
Non-Institutional Investors (NII)7.82 times times
Retail Individual Investor (RII)3.31 times times
Employee Reservations times
Other Reservations times
Total Issue Size16.59 times times

Click here to check the PolicyBazaar IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in PolicyBazaar IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check PolicyBazaar IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

PolicyBazaar IPO Allotment and Listing

The PolicyBazaar IPO allot status will be available online on November 10, 2021. Check the PolicyBazaar IPO Allotment Status here.

Click here to check PolicyBazaar IPO Allotment Status.

PolicyBazaar IPO listing Date is November 15, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The PolicyBazaar IPO listing date and time is published by the exchange in a circular.

Click here to view the PolicyBazaar IPO Basis of Allotment.

It is hard to say at what price PolicyBazaar IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The PolicyBazaar IPO shares will list on November 15, 2021 at BSE, NSE.

PolicyBazaar IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about PolicyBazaar IPO which could help you with questions like PolicyBazaar IPO buy or not? You should also read PolicyBazaar IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

PolicyBazaar IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the PolicyBazaar IPO performance. The performance reports are available 1 day after listing.