Policy Bazaar IPO Opening & Closing Date, Price Range, GMP, Listing Date: Policy Bazaar IPO is going to open for subscription in the retail market soon. This is one of the most awaited IPOs of 2021 after Zomato & Paras Defence IPO. Policy Bazaar is coming with an IPO of a total issue size worth Rs. 6017 crores with Rs. 3750 crores fresh issues and Rs. 2267 crores offer for sale (OFS). The company is founded in 2008 and is currently managed by Yashish Dahiya, the company is incorporated/registered with the name of PB Fintech Limited.
Policy Bazaar IPO Details
|Company Name||Policy Bazaar|
|IPO Type||Fresh Issue & OFS|
|Fresh Issue Size||Rs. 3750 crores|
|IPO Total Size||Rs. 6017 crores|
|Minimum Investment Required||Rs. 14,900/- (Tentative)|
|Price Range||Rs.60-Rs.100 (Tentative)|
|Lot Size||160-200 Shares (Tentative)|
|Subscription Start Date||Oct 2021|
|Subscription Closing Date||Oct 2021|
|Listing Date at NSE & BSE||Oct 2021|
Policy Bazaar IPO Opening & Closing Date
Policy Bazaar IPO is expected to open for subscription in the market in the 3rd Week of October 2021 but final yet is not confirmed yet by Policy Bazaar & SEBI. As per the latest news update IPO will open for bidding in the 3rd week of October 2021 and will close in 3 days of opening for all types of investors including Retails & Non-Institutional investors.
Policy Bazaar Share Price in Grey Market
Policy Bazaar share is currently traded at 250 rupees price in Grey Market as well as in Kostak. Company share GMP is a clear sign of its listing price range at NSE & BSE. But, as per the finance experts, Policy Bazaar GMP can go more than 250 rupees price before the IPO opening/bidding at discounted broker apps and listing can be higher than the offered price range.
Policy Bazaar IPO Listing at NSE & BSE
Policy Bazaar is expected to list at Bombay Stock Exchange (BSE) & National Stock Exchange (NSE) in the last week of October 2021 after the closing of its initial bidding. The final listing date at NSE & BSE is yet to be announced by the board. So, keep visiting this page for any further related updates and to know the Policy Bazaar IPO allotment status.