PB Fintech Limited IPO (Policybazaar Paisabazar IPO) Details – Date, Price, Allotment

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PB Fintech Limited (Policybazaar Paisabazaar) IPO open on 1st November, 2021 and it will close on 3rd November, 2021 as per the Red Herring Prospectus (RHP).

About the PB Fintech Limited

The 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 the 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 the Company to a public limited company pursuant to a resolution passed by the shareholders on June 19, 2021, the name of the Company changed to ‘PB Fintech Limited’ and a fresh certificate of incorporation dated June 30, 2021 was issued by the RoC.

India’s largest online platform for insurance and lending products leveraging the power of technology, data and innovation, according to Frost & Sullivan.


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.


Policybazaar was India’s largest digital insurance marketplace among all online insurance distributors with 93.4% market share based on number of policies sold.


In 2014, Paisabazaar was launched 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, Paisabazaar was India’s largest digital consumer credit marketplace with a 53.7% market share, based on disbursals in Fiscal 2021.

Registered and Corporate Office: Plot No. 119, Sector 44 Gurgaon, Haryana 122 001, India

Contact Person: Bhasker Joshi, Company Secretary and Compliance Officer; Telephone: +91 124 456 2907

E-mail: investor.relations@pbfintech.in Website: http://www.pbfintech.in


PB Fintech (Policybazaar)IPO – Promoters

A PROFESSIONALLY MANAGED COMPANY AND DOES NOT HAVE AN IDENTIFIABLE PROMOTER


PB Fintech (Policybazaar)IPO – COMPANY FINANCIALS

Summary of Restated Consolidated Financial Information

For the year/period ended ( ₹ in millions)

Particulars
 31-Mar-2131-Mar-2031-Mar-19
Total Revenue9,574.138,555.635,288.07
Profit After Tax(1,502.42)(3,040.29)(3,468.11)
Total Asset23,307.2615,759.997,514.48


Policybazaar IPO Date and Price Band

Issue Open Date1st November 2021
Issue Close Date3rd November 2021
Issue TypeBook Built Issue
Face Value₹ 2 per equity share
IPO/Issue Price₹ 940 to 980 per equity share
Market Lot15 Shares
Min Order Quantity15 Shares
Listing AtBSE, NSE

Policybazaar IPO/ Issue Time Line [Tentative]

1st November 2021

Issue Open Date


Issue Close Date

3rd November 2021
10th November 2021

Basis of Allotment Date

Initiation of Refunds

11th November 2021
12th November 2021

Credit of Shares to Demat Account

IPO Listing Date

15th November 2021

Policybazaar Prospectus (RHP)


Policybazaar IPO Issue Objects

1. Enhancing visibility and awareness of our brands, including but not limited to “Policybazaar” and “Paisabazaar”;

2. New opportunities to expand our Consumer base including our offline presence;

3. Strategic investments and acquisitions;

4. Expanding our presence outside India; and

5. General corporate purposes.


Policybazaar IPO Lead Managers

1. Kotak Mahindra Capital Company Limited

2. HDFC Bank Limited

3.Morgan Stanley India Company Private Limited

4. IIFL Securities Limited

5. Citigroup Global Markets India Private Limited

6. Jefferies India Private Limited

7. ICICI Securities Limited


Policybazaar IPO Registrar

Link Intime India Private Limited
C 101, 247 Park
L.B.S. Marg
Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Telephone: +91 22 4918 6200
E-mail: policybazaar.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance
E-mail: policybazaar.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058


Policybazaar IPO FAQs

What is Policybazaar IPO?


Policybazaar is a main-board IPO. The issue is priced at ₹ 940 to ₹ 980 per equity shares. Maximum Subscription Amount for Retail Investor ₹ 2,00,000

OPEN: 1st November 2021
CLOSE: 3rd November 2021
Policybazaar Paisabazaar

When the Policybazaar IPO will Open?


The Policybazaar IPO Opens on 1 November 2021.

When the Policybazaar IPO will Close?


The Policybazaar IPO will close on 3 November 2021

What is Policybazaar IPO Price Band?


The Policybazaar IPO Price Band is ₹ 940 to ₹ 980 per equity share

What is Policybazaar IPO Allotment Date?


The Policybazaar IPO allotment date is 10th November 2021.

What is the Policybazaar IPO Listing Date?


The Policybazaar IPO Listing Date is 15th November 2021.

What is the Minimum lot size of Policybazaar IPO?


The minimum bid is 15 Shares.

Who is the Registrar of Policybazaar IPO?

Link Intime India Private Limited. Visit their website for more information.

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