Policy Bazaar is about to release its IPO on Nov 1, 2021, 2021. The issue is closing on  Nov 3, 2021, and is currently having an active grey market. The Policy Bazaar IPO GMP is running at a stable rate as per the current situation.

In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market.

However, the QIB and the HNI numbers are the key indicators of GMP in the case of Policy Bazaar IPO. The company is intended to raise Rs 56,250 million by the released issue.

Policy Bazaar IPO GMP Rates, Kotak rates & SS

This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details, and more.

DateGMP (in INR)Kostak (in INR)Subject to Sauda (in INR)
15 November 2021Rs 150Rs –Rs –
14 November 2021Rs 60Rs –Rs –
13 November 2021Rs 60Rs –Rs –
12 November 2021Rs 60Rs –Rs –
11 November 2021Rs 60Rs –Rs –
10 November 2021Rs 60Rs –Rs –
09 November 2021Rs 90Rs 300Rs 1500
08 November 2021Rs 90Rs 300Rs 1500
07 November 2021Rs 90Rs 300Rs 1500
06 November 2021Rs 90Rs 300Rs 1500
05 November 2021Rs 80Rs 300Rs 1500
04 November 2021Rs 80Rs 300Rs 1500
03 November 2021Rs 80Rs 300Rs 1500
02 November 2021Rs 100Rs 300Rs 1500
01 November 2021Rs 150Rs 300Rs 2000
31 October 2021Rs 150Rs 300Rs 2000
30 October 2021Rs 150Rs 300Rs 2000
29 October 2021Rs 180Rs 300Rs 2000
28 October 2021Rs 180Rs 300Rs 2000
27 October 2021Rs 220Rs 400Rs 3000
26 October 2021Rs 220Rs 400Rs 3000
25 October 2021Rs 220Rs 400Rs 3000
24 October 2021Rs 250Rs 400Rs 3000
23 October 2021Rs 250Rs 400Rs 3000
22 October 2021Rs 250Rs 400Rs 3000
21 October 2021Rs 250Rs 400Rs 3000
20 October 2021Rs 250Rs 400Rs 3000
19 October 2021Rs 250Rs 400Rs 3000
18 October 2021Rs 250Rs 400Rs 2000
17 October 2021Rs 250Rs 250Rs 2000
16 October 2021Rs 250Rs 250Rs 2000
15 October 2021Rs 250Rs 250Rs 2000
14 October 2021Rs 200Rs 200Rs 2000
13 October 2021Rs 200Rs 200Rs 2000
12 October 2021Rs 250Rs 300Rs 2500
11 October 2021Rs 300Rs 300Rs 3000
10 October 2021Rs –Rs –Rs –
09 October 2021Rs –Rs –Rs –

Check out Related IPO Links:

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    Policy Bazaar IPO Date / Timetable

    Here, you will find the important dates and events of this IPO. Check the allotment status, visit us again once the subscription date is over.

    IPO Open DateNov 1, 2021
    IPO Close DateNov 3, 2021
    Allotment DateNov 10, 2021
    Refunds InitiationNov 11, 2021
    Credit of Shares to Demat A/CNov 12, 2021
    IPO Listing DateNov 15, 2021

    Policy Bazaar IPO – Financial Performance

    The below-given table will give you the overall idea of the company’s financial performance. Check their net profit and loss statement about Policy Bazaar IPO.

    Amount (in INR & Millions)
    31-Mar-21Mar 2031-Mar 19
    Total Assets23,307.2615,759.997,514.48
    *Total Revenue9,574.138,555.635,288.07
    Total Expense10,993.2711,504.048,662.37
    Profit After Tax(1,502.42)(3,040.29)(3,468.11)

    The details would be updated shortly.

    Earnings per Equity Share (in Millions)

     31-Mar-21Mar 2031-Mar 19
    Basic & Diluted(2,056.23)(4,338.46)(6,006.58)

     

    Policy Bazaar IPO

    FAQs Related to Policy Bazaar IPO GMP

    Ques – What is the current Policy Bazaar IPO GMP Price?

    Answer – As of today, the Policy Bazaar IPO GMP is Rs 150.

    Ques – What is the current Policy Bazaar IPO Kostak Rate?

    Answer – The Kostak rate is Rs 0  for Policy Bazaar IPO.

    Ques – What is today’s Policy Bazaar IPO Subject to Sauda Rate?

    Answer – As of today, the Policy Bazaar IPO Subject to Sauda is Rs 0.

    Ques – Where to Check Policy Bazaar IPO Allotment & Listing?

    Answer – However, if you don’t want to miss out on the issue’s allotment status and the listing, you can refer to this LINK given here: https://top10stockbroker.com/ipo-allotment-status/

    Ques – What is Kostak Price?

    Answer – To apply for an IPO, there is an application price or application charges that come along and is known as Kostak price. It is actually the premium amount at which IPO applications are being traded in the grey market.

    Ques – Is GREY market buy or sell shares illegal?

    Answer – Grey Market is basically trading that takes place before the stock of a company gets enlisted on the stock exchange. It takes place before the IPO release and the prices may change at any time. Hence, it is unofficial trading and hence, not “illegal”.

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    Disclaimer:

    The Policy Bazaar IPO GMP which is mentioned in the table here is only valid for a specific date as mentioned in the header section. The Kostak is the premium that one gets by selling her/his IPO application to someone else before listing the issue. He or she can sell it in an off-market transaction. However, we aren’t buying/selling IPO forms on the IPO Grey market.

    It is also requested that please do not subscribe for an IPO by just seeing the premium price. The reason being, the premium price varies and can change anytime before listing. Please subscribe only after considering the fundamentals of the companies.

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