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MarketCircularsDaily Updates
October 29, 2021
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IPO Alert: PB Fintech Limited (Policybazaar)

Incorporated in 2008, PB Fintech has built India’s largest online platforms – ‘Policybazaar’ for Insurance and ‘Paisabazaar’ for lending products leveraging the power of technology, data and innovation.

Bid/Offer Opens On Monday, 01-Nov-21
Bid/Offer Closes On Wednesday, 03-Nov-21
Price Band Rs. 940 - Rs. 980 per equity share
Lot Size 15 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment 10-Nov-21
Initiation of Refunds 11-Nov-21
Credit of Shares to Demat Acct 12-Nov-21
IPO Shares Listing Date 15-Nov-21
UPI mandate expiry date 16-Nov-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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