PB Fintech Limited (PolicyBazaar) IPO
PB Fintech Limited (PolicyBazaar) IPO is listed on BSE and NSE, priced at ₹940–₹980 per share. The stock debuted at ₹1150, delivering a listing gain of 17.3%. The IPO had a lot size of ₹15 shares and a minimum investment of ₹14,700.
PB Fintech Limited (PolicyBazaar IPO)
- IPO Dates
- Nov 1, 2021 – Nov 3, 2021
- Price band
- ₹940-980 per equity share
- Minimum Investment
- ₹14,700
- Issue size
- ₹5625 Crores: ₹3,750 Cr Fresh Issue + ₹1,875 Cr Offer for Sale
- Lot size
- 15
- Allotment Date
- Nov 10, 2021
- Listing
- Nov 15, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Nov 1, 2021
Open Date
Completed
-
Nov 3, 2021
Close Date
Completed
-
Nov 10, 2021
Allotment Date
Completed
-
Nov 15, 2021
Listing Date
Completed
Price Summary
- Last closing
- 1,677.00 (71.12%)
- 52 week high
- 1,978.00
- 52 week low
- 1,364.00
- Last update
PB Fintech Limited (PolicyBazaar) IPO Essentials
PB Fintech Limited (PolicyBazaar) IPO Details
PB Fintech Limited (PolicyBazaar) IPO is priced at ₹940-980 per share with a total issue size of ₹5625 Crores: ₹3,750 Cr Fresh Issue + ₹1,875 Cr Offer for Sale. The IPO has a lot size of 15 shares and is listed on BSE and NSE.
- Issue price
- ₹940-980 per equity share
- Lot size
- 15 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- ₹5625 Crores: ₹3,750 Cr Fresh Issue + ₹1,875 Cr Offer for Sale
- Listing at
- BSE, NSE
- List price
- 1150.00(NSE)
- Listing date
- Registrar
- Link Intime India Private Limited
- Lead manager
-
Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited , Citigroup Global Markets India Private Limited, ICICI Securities Limited, HDFC Bank Limited, IIFL Securities Limited, Jefferies India Private Limited
PB Fintech Limited (PolicyBazaar) IPO Details
- Retail Portion 10% (Number of Retail Applications : 3,88,300 Approx)
PB Fintech Limited (PolicyBazaar) IPO Documents
PB Fintech Limited (PolicyBazaar) IPO Analytics
PB Fintech Limited (PolicyBazaar) IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
PB Fintech Limited (PolicyBazaar) IPO Subscription Status
PB Fintech Limited (PolicyBazaar) IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 174,78,720 |
87,39,359
|
58,26,239 | 320,44,318 |
|
Day 1
01-11-21 04:30 PM
|
0.56 x |
0.04x
|
1.04 x | 0.50 x |
|
Day 2
02-11-21 04:30 PM
|
2.09 x |
0.24x
|
2.04 x | 1.59 x |
|
Day 3
03-11-21 05:00 PM
|
24.88 x |
7.83x
|
3.31 x | 16.58 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 1095622 (Approx) | 2.82 | ||
PB Fintech Limited (PolicyBazaar) Valuations
Returns
- RoNW
- N/A%
PB Fintech Limited (PolicyBazaar) Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 2,330.72 | 1,575.99 | 751.44 |
| Revenue | 957.41 | 855.56 | 528.80 |
| Profit After Tax | (150.24) | (304.02) | (346.81) |
PB Fintech Limited (PolicyBazaar) Company & Offer Insights
About PB Fintech Limited (PolicyBazaar)
Policybazaar, their 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.
In 2014, they 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.
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.
Their Policybazaar and Paisabazaar platform offerings address the large and highly underpenetrated online insurance and lending markets. They have an asset-light capital strategy and do not underwrite any insurance or retain any credit risk on their books. Policybazaar is registered with and regulated by IRDAI as a direct (life and general) insurance broker.
They have built India’s largest online platform for insurance and lending products leveraging the power of technology, data, and innovation, according to Frost & Sullivan.
They 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 their consumer-centric approach, they seek to enable online research-based purchases of insurance and lending products and increase transparency, which enables consumers to make informed choices.
PB Fintech Limited (PolicyBazaar) IPO Issue Objectives
- •
- For enhancing visibility and awareness of company’s brands, including but not limited to “Policybazaar” and “Paisabazaar” - Rs.15,000 Million;
- •
- New opportunities to expand company’s consumer base including offline presence - Rs.3,750 Million;
- •
- Funding strategic investments and acquisitions - Rs.6,000 Million;
- •
- Expanding presence outside India - Rs.3,750 Million; and
- •
- General corporate purposes.
PB Fintech Limited (PolicyBazaar) IPO - Anchor Investors
Policybazaar mobilises Rs 2,569.37 crore from 155 anchor investors
Marquee investors participated in the anchor book were New World Fund Inc, American Funds Insurance Series, Blackrock, Baillie Gifford, Pacific Horizon Investment Trust Plc, Canada Pension Plan Investment Board, Fidelity Funds, Abu Dhabi Investment Authority, Goldman Sachs, Aberdeen Global, Nomura, Carmignac Portfolio, Schroder Fund, Baron, and WF Asian Smaller Companies Fund.
Domestic investors also invested in the insurance aggregator and consumer credit company including HDFC MF, ICICI Prudential, SBI MF, Axis MF, Aditya Birla Sun Life Trustee, Kotak Mutual Fund, Nippon Life, UTI MF, Franklin MF, DSP MF, Bajaj Allianz Life Insurance, HDFC Life Insurance, SBI Life Insurance, and Max Life Insurance
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
PB Fintech Limited (PolicyBazaar) IPO is a book-built IPO worth ₹5625 Crores: ₹3,750 Cr Fresh Issue + ₹1,875 Cr Offer for Sale. The price band is ₹940–₹980 per share. The IPO opens on Nov 1, 2021 and closes on Nov 3, 2021. It will be listed on BSE and NSE. Link Intime India Private Limited is the registrar.
The price band of PB Fintech Limited (PolicyBazaar) IPO is ₹940 to ₹980 per share.
The lot size of PB Fintech Limited (PolicyBazaar) IPO is 15 shares.
The minimum investment for PB Fintech Limited (PolicyBazaar) IPO is approximately ₹14,700 based on the upper price band .
PB Fintech Limited (PolicyBazaar) IPO opens on Nov 1, 2021 and closes on Nov 3, 2021.
The allotment date of PB Fintech Limited (PolicyBazaar) IPO is Nov 10, 2021.
PB Fintech Limited (PolicyBazaar) IPO is expected to be listed on Nov 15, 2021, on BSE and NSE .
PB Fintech Limited (PolicyBazaar) IPO listed on Nov 15, 2021. It was issued at ₹1150.00(NSE) and is currently around ₹1677.00 as on 14-May-2026 3:30 PM, which is approximately 71.1% versus issue price. The 52-week high is ₹1,978.00.
Based on listing and post-listing performance, PB Fintech Limited (PolicyBazaar) IPO delivered around 71.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy PB Fintech Limited (PolicyBazaar) IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
PB Fintech Limited (PolicyBazaar) IPO valuation snapshot: P/E N/A, EPS ₹N/A/-, P/B N/A, RoNW N/A%, and market cap N/A.
To apply for PB Fintech Limited (PolicyBazaar) IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of PB Fintech Limited (PolicyBazaar) IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for PB Fintech Limited (PolicyBazaar) IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check PB Fintech Limited (PolicyBazaar) IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the PB Fintech Limited (PolicyBazaar) IPO allotment status on IPO Ji for quick and easy access.