Policybazaar IPO will be open from 01 November 2021 and closes on 03 November 2021. Policybazaar IPO GMP Kostak rate and Subject to Sauda updated as of Today. Policybazaar IPO Grey Market Premium has been Started with High Demand Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Policybazaar.com is now India’s foremost insurance aggregator and a leading fintech player globally. The objective is the same even today — Customer First and Sustained Profitability for the entire insurance ecosystem. It’s a fine balancing act when our customers transact a few lac crores of insurance cover and a few thousand crores of insurance premium with 50+ insurers through our platform with complete confidence every year.
Policybazaar IPO Issue size of ₹6017.50 Crores, in which Fresh Issue of ₹3750 Crores and Offer For Sale of ₹2267.50 Crores and issue price band has been fixed at ₹940-₹980 Per Share. The Policybazaar IPO is to be listed Soon on NSE and BSE.
What is Policybazaar IPO GMP Today?
■ The Policybazaar IPO GMP Today Or Grey Market Premium is ₹140-₹150.
What is Policybazaar IPO Kostak Rates Today?
■ The Policybazaar IPO Kostak rate is ₹0.
What is Policybazaar IPO Subject to Sauda Price Today?
■ The Policybazaar IPO Subject to Sauda rates is ₹0.
Policybazaar IPO Approximately Returns?
■ The Policybazaar IPO’s approximate return is 15%-20%. And it can also change according to the Market Sentiment.
Policybazaar IPO GMP Today, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 15 Nov 2021 | List – ₹1150 | ₹0 | ₹0 |
| 14 Nov 2021 | ₹140-₹150 | ₹0 | ₹0 |
| 13 Nov 2021 | ₹140-₹150 | ₹0 | ₹0 |
| 12 Nov 2021 | ₹90-₹100 | ₹0 | ₹0 |
| 11 Nov 2021 | ₹40-₹50 | ₹0 | ₹0 |
| 10 Nov 2021 | ₹50-₹60 | ₹300 | ₹1500 |
| 09 Nov 2021 | ₹90-₹100 | ₹300 | ₹1500 |
| 08 Nov 2021 | ₹90-₹100 | ₹300 | ₹1500 |
| 07 Nov 2021 | ₹90-₹100 | ₹300 | ₹1500 |
| 06 Nov 2021 | ₹90-₹100 | ₹300 | ₹1500 |
| 05 Nov 2021 | ₹90-₹100 | ₹300 | ₹1500 |
| 04 Nov 2021 | ₹90-₹100 | ₹300 | ₹1500 |
| 03 Nov 2021 | ₹90-₹100 | ₹300 | ₹1500 |
| 02 Nov 2021 | ₹90-₹100 | ₹300 | ₹1200 |
| 01 Nov 2021 | ₹90-₹100 | ₹300 | ₹1200 |
| 31 Oct 2021 | ₹160-₹170 | ₹350 | ₹1800 |
| 30 Oct 2021 | ₹160-₹170 | ₹350 | ₹1800 |
| 29 Oct 2021 | ₹170-₹180 | ₹250 | ₹1800 |
| 28 Oct 2021 | ₹170-₹180 | ₹250 | ₹1800 |
| 27 Oct 2021 | ₹220-₹230 | ₹300 | ₹3000 |
| 26 Oct 2021 | ₹230-₹240 | ₹350 | ₹3000 |
| 25 Oct 2021 | ₹230-₹240 | ₹350 | ₹3000 |
| 24 Oct 2021 | ₹230-₹240 | ₹350 | ₹3000 |
| 23 Oct 2021 | ₹230-₹240 | ₹350 | ₹3000 |
| 22 Oct 2021 | ₹230-₹240 | ₹350 | ₹3000 |
| 21 Oct 2021 | ₹230-₹240 | ₹350 | ₹3000 |
| 20 Oct 2021 | ₹230-₹240 | ₹350 | ₹3000 |
| 19 Oct 2021 | ₹240-₹250 | ₹350 | ₹3000 |
| 18 Oct 2021 | ₹240-₹250 | ₹350 | ₹3000 |
| 17 Oct 2021 | ₹240-₹250 | ₹350 | ₹3000 |
| 16 Oct 2021 | ₹240-₹250 | ₹350 | ₹3000 |
| 15 Oct 2021 | ₹240-₹250 | ₹350 | ₹3000 |
| 14 Oct 2021 | ₹240-₹250 | ₹350 | ₹3000 |
| 13 Oct 2021 | ₹200-₹210 | ₹250 | ₹2000 |
| 12 Oct 2021 | ₹230-₹240 | ₹300 | ₹3000 |
| 11 Oct 2021 | ₹290-₹300 | ₹400 | ₹3000 |
| 10 Oct 2021 | ₹290-₹300 | ₹400 | ₹3000 |
Policybazaar IPO Date & Price Band & Details :
| IPO Open : | 01 November 2021 |
| IPO Close : | 01 November 2021 |
| IPO Size : | ₹6017.50. Cr |
| Face Value : | ₹2 Rs. Equity Share |
| Price Band : | ₹940-₹980 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹6017.50. Cr |
| Fresh Issue : | ₹3750. Cr |
| Offer For Sale : | ₹2267.50. Cr |
Policybazaar IPO Market Lot :
Policybazaar IPO Minimum Market lot is 1 Lot with 15 shares with ₹14,700 Application amount. The retail investors can apply up to 13 lots with 195 Shares or ₹191,100 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 15 Shares |
| Minimum Amount : | ₹14,700 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 195 Shares |
| Maximum Amount : | ₹191,100 |
Policybazaar IPO Shares Offer :
A Total of 61,402,961 shares are to be bid for the public issue by Policybazaar IPO with 38,265,206 for Fresh issue and 23,137,755 for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 38,265,206 | ₹3750 Cr |
| Offer For Sale : | 23,137,755 | ₹2267.50 Cr |
| Total : | 61,402,961 | ₹6017.50 Cr |
Policybazaar IPO Reservation :
Policybazaar IPO Total Reservation of 61,403,061 shares are to be bid for the public issue by Policybazaar IPO with 46,052,296 for QIB and 9,210,459 for NII & 61,40,306 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 75% | 46,052,296 | ₹4513.12 Cr |
| NII : | 15% | 9,210,459 | ₹902.62 Cr |
| RII : | 10% | 61,40,306 | ₹601.75 Cr |
| EMP : | – % | – | ₹– |
| Total : | 100% | 61,403,061 | ₹6017.50 Cr |
Policybazaar IPO Dates :
Policybazaar IPO Date is 01 November 2021 and closes on 03 November 2021. The allotment will be finalized on 10 November 2021 and the IPO may list on 15 November 2021.
| Open Date : | 01 November 2021 |
| Close Date : | 03 November 2021 |
| Allotment Date : | 10 November 2021 |
| Refund Date : | 11 November 2021 |
| Share Credit Date : | 12 November 2021 |
| Listing Date : | 15 November 2021 |
Policybazaar IPO Form :
There are two ways to apply in Policybazaar IPO. You can apply for Policybazaar IPO through ASBA available in your bank account. You have to go to your online bank login and select Policybazaar IPO in the Invest section and apply through your bank account. Another option is you can apply for Policybazaar IPO through IPO form download through NSE and BSE. See the Policybazaar IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Policybazaar Company Financial Report (Cr) :
| Year | Revenue | Expense | PAT |
| 2021 | ₹9,574.13 | ₹10,993.27 | ₹1,532.79 |
| 2020 | ₹8,555.63 | ₹11,504.04 | ₹3,031.36 |
| 2019 | ₹5,288.07 | ₹8,662.37 | ₹3,480.80 |
About Policybazaar Company
Our Company was incorporated as ‘ETECHACES Marketing and Consulting Private Limited’, a private limited company under the Companies Act, 1956, with a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana, at New Delhi (“RoC”) on June 4, 2008. Subsequently, the name of our Company was changed to ‘PB Fintech Private Limited’, pursuant to a fresh certificate of incorporation issued by the RoC on September 18, 2020.
Upon the conversion of our Company to a public limited company pursuant to a resolution passed by our shareholders on June 19, 2021, the name of our Company changed to ‘PB Fintech Limited’, and a fresh certificate of incorporation dated June 30, 2021, was issued by the RoC.
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We have built India’s largest online platform for insurance and lending products leveraging the power of technology, data, and innovation, according to Frost & Sullivan. We provide convenient access to insurance, credit, and other financial products and aim to create awareness amongst Indian households about the financial impact of death, disease, and damage.
Through our consumer-centric approach, we seek to enable online research-based purchases of insurance and lending products and increase transparency, which enables consumers to make informed choices. We also facilitate our Insurer and Lending Partners in the financial services industry to innovate and design customized products for Consumers leveraging our extensive data insights and data analytics capabilities.
We launched Policybazaar, our flagship platform, in 2008 to respond to Consumers’ need for more awareness, choice, and transparency and create a consumer-pull-based, provider-neutral model for insurance distribution. According to Frost & Sullivan, in Fiscal 2020, Policybazaar was India’s largest digital insurance marketplace with a 93.4% market share based on the number of policies sold. Furthermore, in Fiscal 2020, 65.3% of all digital insurance sales in India by volume was transacted through Policybazaar. In 2014, we launched Paisabazaar with the goal to transform how Indians access personal credit by accentuating ease, convenience, and transparency in selecting a variety of personal loans and credit cards.
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According to Frost & Sullivan, Paisabazaar was India’s largest digital consumer credit marketplace with a 51.4% market share, based on disbursals in Fiscal 2020. Paisabazaar is also widely used to access credit scores, with approximately 21.5 million Consumers cumulatively having accessed their credit score through our platform as of March 31, 2021. Our Policybazaar and Paisabazaar platform offerings address the large and highly underpenetrated online insurance and lending markets. We have an asset-light capital strategy and do not underwrite any insurance or retain any credit risk on our books. Policybazaar is registered with and regulated by IRDAI as a direct (life and general) insurance broker.
Policybazaar IPO GMP FAQs :
How much is Policybazaar IPO GMP Today?
Policybazaar IPO GMP Today is ₹140-₹150.
How much is Policybazaar IPO Grey Market Premium?
Policybazaar IPO is Grey Market Premium ₹140-₹150.
What is Policybazaar IPO Kostak Rate?
Policybazaar IPO Kostak Rate is ₹0.
What is Policybazaar IPO Subject to Sauda?
Policybazaar IPO Subject to Deals is ₹0.
What are Policybazaar IPO Approx Returns?
Policybazaar IPO approx Returns is 15%20%. And it can also change according to the Market Sentiment.
| Policybazaar IPO Details: Click Here Policybazaar IPO Subscription: Click Here Policybazaar IPO Allotment: Click Here Policybazaar IPO Listing: Click Here |
All Policybazaar IPO-related links are available here. If you want to know the details then click on Click Here Link.
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