Wednesday, November 10, 2021

Policybazaar IPO Allotment Status, Allotment Date & Link Details

Policybazaar IPO Allotment Date & Status: Policybazaar IPO allotment is will be available on November 10 on Linkintime website. Please check the IPO allotment status on the Linkintime registrar as on the allotment date.

PB Fintech aka Policybazaar IPO Allotment to be finalized by Linkintime on November 10, 2021. The refund will be initiated on November 11 and the shares will be credited to the Demat account on November 12. The IPO may list on November 15. To check the Policybazaar IPO Allotment the investors can go online via BSE Website, Linkintime website or they can check it via their bank account and demat login as well. Here are step to step guide from where you can check Policybazaar IPO allotment status online or offline.

Policybazaar IPO subscribed 16.59x times with 3.31x times in retail as on day 3. Based on the retail subscription the basis of allotment will be around 3:1.

Policybazaar IPO Allotment Links

The IPO allotment will be available on the website given below. Check the status of allotment on website of the registrar Link Intime India Private Limited.
 Check Allotment on IPOWatch
 Click Here
 Check Allotment on Linkintime  Click Here
 Check Allotment on BSE India  Click Here
PolicyBazaar

    #Step 1: How to check Policybazaar IPO Allotment at Linkintime?

    • Log on to Linkintime IPO allotment link - Linkintime.com/ipostatus/
    • Select IPO Name 'Policybazaar Limited' from drop down menu bar
    • Select Option from PAN Number, Application Number or DP ID Option
    • As per selection add  PAN Number, Application Number or Demat Account Number
    • Click on 'Search' Button
    • You will able to see your Policybazaar IPO Allotment on the screen (mobile / desktop).

    Check the Allotment on Linkintime

    #Step 2: How to check Policybazaar IPO Allotment at BSE?

    • Log on to BSE Website - bseindia.com/investors/appli_check.aspx
    • Select box 'Equity' in the issue type
    • Select IPO Name 'Policybazaar Limited'
    • Type Your Application Number & PAN Number
    • Click on 'Search' Button
    • You will able to see your Policybazaar IPO Allotment on the screen (mobile / desktop).

    Check the Allotment on BSE

    #Step 3: How to check Policybazaar IPO Allotment in Demant Account?

    • Call Your Broker or Login to Your Demat Account / Trading Account
    • Check the stock is credited to your account or not
    • If you got the allotment the credited shares will appear in the demat account

    #Step 4: How to check Policybazaar IPO Allotment in Bank Account?

    • Login to your Bank Account from which you applied the Policybazaar IPO
    • Check the Balance Tab
    • If you got the allotment the Amount will be debited
    • If you did not get the allotment the Amount will be released
    • If you got the allotment you got SMS "Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000."

    Policybazaar IPO Subscription Status (Final Data)

    (Over Susbcribed)

    The Policybazaar IPO subscribed 101.91x on day 3. The subscription comprises Qualified Institutional Buyer (QIB) 86.51x, Non-institutional Bidders (NII) 172.43x and Retail (RII) 80.49x.

    Policybazaar IPO Subscription Status (Final Data)

    (Over Subscribed)

    The Policybazaar IPO subscribed 16.59x on day 3. The subscription comprises Qualified Institutional Buyer (QIB) 24.89x, Non-institutional Bidders (NII) 7.82x and Retail (RII) 3.31x.
    Category Day 1 Day 2 Day 3
    QIB 0.56x 2.08x 24.89x
    NII 0.06x 0.23x 7.82x
    RII 1.18x 2.04x 3.31x
    Total 0.54x 1.59x 16.59x

    PolicyBazaar IPO Date & Price Band

     IPO Open:  01 November 2021
     IPO Close:  03 November 2021
     IPO Size:  Approx ₹6017.50 Crores
     Fresh Issue:  Approx ₹3750 Crores
     Offer for Sale:  Approx ₹2267.50 Crores
     Face Value:  ₹2 Per Equity Share
     Price Band:  ₹940 to ₹980 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  10%
     Discount:  N/A

    PolicyBazaar IPO Market Lot

     Minimum Lot Size:  Minimum 15 Shares
     Minimum Amount:  ₹14,700
     Maximum Lot Size:  Maximum 195 Shares
     Maximum Amount:  ₹191,100

    PolicyBazaar IPO Date, Time Table, Allotment & Listing

     Price Band Announcement:  26 October 2021
     Anchor Investors Allotment:  29 October 2021
     IPO Open Date:  01 November 2021
     IPO Close Date:  03 November 2021
     Basis of Allotment:  10 November 2021
     Refunds:  11 November 2021
     Credit to Demat Account:  12 November 2021
     IPO Listing Date:  15 November 2021

    Policybazaar IPO Details

    One of the leading online insurance portal Policybazaar's parent company PB Fintech Limited to raise ₹6017 crores via initial public offer. The company reported a loss of ₹141.91 crores in the year ended 2021 that was loss of ₹294.84 crores in 2020. The upside is seen in the income with the loss narrowed in last few years. As a big brand we might see some good results in coming years and the insurance industry might give support to the brand value. Policybazaar IPO opened on November 01, 2021 and closed on November 03, 2021. The price band fixed at ₹940 to ₹980. The face value of the stock is ₹1.

    Policybazaar IPO Allotment FAQs


    When is Policybazaar IPO Allotment Date?
    Policybazaar IPO Allotment date is 10 November 2021.

    What will be Policybazaar IPO Refund Date?
    The IPO refund date is 11 November 2021.

    What is the chance to get the Policybazaar IPO Allotment?
    The IPO allotment is based of the subscription. As per the retail application received the basis of allotment will be around 3:1.

    How to check the Policybazaar IPO Allotment?
    Check Policybazaar IPO allotment via your PAN number, the application number, or amount deducted in your bank.

    How to check the Policybazaar IPO Allotment via Registrar?
    Just log on to Linkintime IPO Allotment page here: Click Here and Check via Application Number, PAN Number of your Demat Account Number. Its Easy Right!

    Open FREE Demat Account