Here’s How To Check Share Allotment Status Of Policybazaar Initial Public Offer (IPO)

Policybazaar IPO: The corporate has mounted the value band of Rs 940 to Rs 980 per share

Shares of Policybazaar – the nation’s main on-line insurance coverage aggregator will probably be listed on November 15, after its preliminary public provide (IPO) concluded on November 3. The IPO of the consumer-centric insurance coverage portal was subscribed 16.59 instances by the tip of its bidding course of. Policybazaar’s Rs 5,625 crore IPO includes a contemporary situation of Rs 3,750 crore, together with a suggestion on the market (OFS) of Rs 1959.72 crore by present promoters and shareholders.

Policybazaar plans to utilise part of its the contemporary situation proceeds, after deducting the provide associated bills, for enhancing its visibility and consciousness of manufacturers (together with however not restricted to Policybazaar and Paisabazaar). It’ll utilise Rs 375 crore in new alternatives to broaden its shopper base together with offline presence

Operated by PB Fintech, the portal presents know-how options centered on automation. It gives selection and transparency for analysis, to assist clients in choosing insurance coverage and private credit score merchandise.

Here is how one can test the standing of allotment on the web site of BSE or the registrar’s web site — Hyperlink Intime India. (Additionally Learn: Policybazaar IPO Subscribed 16.59 Times On Final Day Of Issue )

Steps to test the standing of allotment by the BSE web site:

1. Log in to https://www.bseindia.com/buyers/appli_check.aspx
2. Choose Policybazaar IPO from the checklist
3. Enter your utility quantity
4. Present your PAN quantity
5. Confirm that you’re not a robotic and click on ‘submit’

Steps to test the standing of allotment by the registrar’s web site (Hyperlink Intime India):

1. Log in to https://www.linkintime.co.in/IPO/public-issues.html
2. Select ‘Policybazaar IPO’ from the drop-down checklist
3. Choose one of many 3 modes — utility quantity, shopper ID or PAN ID
4. Then, submit particulars of the mode you selected earlier
5. Fill Captcha and click on ‘submit’