PolicyBazaar IPO allotment status: Here’s how to check your bid’s position
Zee News
Investors who had subscribed to the offer can check PolicyBazaar IPO allotment status by following simple steps.
New Delhi: PB Fintech Limited, the parent company of online insurance aggregator PolicyBazaar and credit comparison portal Paisabazaar, opened its initial public offer (IPO) for subscriptions on November 1 for three days till November 3. Investors who had subscribed to the offer must be willing to check PolicyBazaar IPO allotment status.
The IPO was overall subscribed 16.59 times on the last day of subscription on Wednesday, November 3. National Stock Exchange data points out that the issue received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer.
The share allotment process is expected to be completed by next week and investors will be able to check PolicyBazaar IPO status starting from November 10, 2021. Retail investors are expected to receive the equity shares in their Demat accounts on Friday, November 12.
