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PolicyBazaar IPO Details

Issue Open Nov 1, 2021
Issue Close Nov 3, 2021
IPO Price ₹980
Face Value ₹2
IPO Size ₹5,625.00 Cr
Listing At BSE, NSE
IPO Lot Size 15
Open an Instant Account with Zerodha

PolicyBazaar IPO Subscription Status Live

PolicyBazaar IPO subscribed 16.59 times. The public issue subscribed 3.31 times in the retail category, 24.89 times in QIB, and 7.82 times in the NII category by Nov 3, 2021.

Investor CategorySubscription (times)
Qualified Institutions24.89
Non-Institutional Buyers7.82
Retail Investors3.31
Employees[.]
Others[.]
Total16.59

PolicyBazaar IPO Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
Nov 1, 2021
0.560.061.180.54
Day 2
Nov 2, 2021
2.080.232.041.59
Day 3
Nov 3, 2021
24.897.823.3116.59

PolicyBazaar IPO Shares Offered

PolicyBazaar IPO is a public issue of 34,512,186 equity shares. The issue offers 6,073,026 shares to retail investors, 19,329,621 shares to qualified institutional buyers, and 9,109,539 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
QIB19,329,6211,894.30
NII9,109,539892.73
Retail6,073,026595.16
Total34,512,1863,382.19

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

PolicyBazaar IPO Subscription FAQs

The PolicyBazaar IPO is subscribed 16.59 by Nov 3, 2021.

PolicyBazaar IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional24.89
Non Institutional7.82
Retail Individual3.31
Employee Reservations[.]
Others[.]
Total Subscription16.59

Retail category of PolicyBazaar IPO subscribed 3.31 times as of date Nov 3, 2021. The public issue closes on Nov 3, 2021 for bidding.

An investor can apply in PolicyBazaar IPO online via bank (using ASBA) or the broker (using UPI). The PolicyBazaar IPO shares are offered online only.

The PolicyBazaar IPO is subscribed 16.59 by Nov 3, 2021.

The PolicyBazaar IPO allotment status is expected on or around Nov 10, 2021. Visit PolicyBazaar IPO allotment status to check.

The PolicyBazaar IPO listing date is Monday, November 15, 2021. The equity share of PB Fintech Limited will list on BSE, NSE.

Visit PolicyBazaar IPO subscription status page for real-time bidding information about PolicyBazaar IPO.

PolicyBazaar IPO Timetable

IPO Opens OnNov 1, 2021
IPO Closes OnNov 3, 2021
Finalisation of Basis of AllotmentNov 10, 2021
Initiation of RefundsNov 11, 2021
Credit of Shares to Demat AccountNov 12, 2021
IPO Listing DateNov 15, 2021