Let’s have a detailed review of the company and analytics of the Policy Bazaar IPO release date, IPO offer price, subscription, Policy Bazaar Limited IPO allotment, grey market price and other details like the company’s background, its financial positions, its promoters and other related things.

Face ValueRs 10
Price BandRs NA
Listing AtBSE, NSE
Min. Order QuantityNA
Listing Date NA
Offer for SaleRs NA MILLION
Fresh IssueRs NA MILLION
IPO SizeRs NA MILLION
Tick Size1.00

Policy Bazaar IPO is listed at NA premium, check out the live share price by clicking on the below link.

Policy Bazaar Share Price – Live Performance

Summary of PolicyBazaar IPO

Policy Bazaar IPOWithin 8 years of time, the company has reached its break even point and still it is showing significant growth every year. The company is expecting a profit of Rs 50 crore on generated revenue of Rs 350 crore. In a news, the company CEO Yashish Dahiya said that the public offer is to raise around Rs 325 crore initially. Etechaces Marketing and Consulting Private Limited is the marketing and fintech company that started policybazaar.com in the year 2008. Since then, company has grossed good profits and generated revenue more than Rs 250 crores. The company claims to sell more than 120,000 policies each month.
So far the company has managed to raise Rs 410 crore from the investors: Tiger Global Management, InfoEdge and Premji Invest.

The Promoters of this company are NA. The lead managers to the issue are NA  and the Registrar to this issue is NA


Policy Bazaar IPO Date

The opening and the closing date of Policy Bazaar Limited IPO is NA.


Policy Bazaar IPO Subscription

Day / DateQIBNIIRIITotal Subscription
1st Day – 
2nd Day – 
3rd Day – 
Shares Offered or Net Issue

The shares subscribed by the public will be updated herein on a daily basis.


Policy Bazaar IPO Allotment Status

Here, you can find the Allotment Status of this IPO.

Policy Bazaar IPO Listing Date

Find the dates below on basis of allotment, refund, listing and more:

Basis of Allotment Finalization
Refunds Initiation
Credit of Shares to Demat Account
Share Listing Date

Policy Bazaar IPO Price Band / Cash Price

The face value of each share is Rs.[●], but the price band of the IPO is Rs [●].


Policy Bazaar IPO Size

This Initial Public Issue of [●] Equity Shares of Rs.10 each for cash at a price of Rs [●] per equity share aggregating to Rs.[●] Million.


Policy Bazaar IPO Share Offering

Issue Size: Aggregating up to Rs.[●] Million.

Fresh Issue: The Fresh Issue of [●] Equity Shares by their Company of Rs.10 each at a price of Rs [●] per equity share aggregating to Rs.[●] Million,

Offer for Sale : Offer for sale of up to [●] Eq Shares by the Promoter Selling Shareholder aggregating up to Rs.[●] million.


Policy Bazaar IPO – Live Performance

The listing date of this IPO is NA. You can check the live performance of the IPO here, only after it is listed on exchanges.

Live IPO Performance – Policy Bazaar Share Price

Policy Bazaar IPO Grey Market Premium

The Policy Bazaar Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X


Policybazaar – Company Overview

PolicyBazaar is planning to launch the initial public offerings by end of this year. It is an online platform that provides services related to insurance and investment options. The company provides almost all kind of insurance policy, for example: Health Insurance, life Insurance, motor insurance, and other insurances like corporate, travel, personal accident, cancer insurance, etc. The company also provides traditional endowment plans, unit-linked insurance, policy renewal, money-back plans and investment plans. The future plan of this company is to include other products like mutual funds and SIP.


Policybazaar – Financial Statements

 

A quick look into the past financial performance of the company to understand its performance of business and evaluate the growth prospectus:

Financial Summary:

On the basis of standalone  financial statement:

Amount (in INR & Lakhs)
30-Sep-20Mar 2031-Mar 19Mar 18
Total Assets
Total Revenue
Total Expense
Profit After Tax

The details would be updated shortly.

Earnings per Equity Share (in Millions)

 30-Sep-20Mar 2031-Mar 19Mar 18
Basic
Diluted

The details would be shortly updated herein and an analysis of the same would also be presented.

From FY 2017-18 to FY 2019-2020, as per the Restated Financial Statements,


Policy Bazaar IPO – Promoters

The details of the promoters would be shortly updated.

The Promoters of this company are:

List of Related Parties (Key Managerial Personnel)

  • NA, Chief Financial Officer
  • NA, Chief Executive Officer
  • NA, Chief Business Analyst

Policy Bazaar: Business Strategies


Policy Bazaar IPO Offer Details or Issue Details

 Particulars No. Of Equity Shares
 Equity Shares Offered Up to [●] Equity Shares aggregating up to Rs.[●] Lakhs
of which:
Market Maker Reservation PortionUp to [●] Shares aggregating up to Rs.[●]
Lakhs
Net Issue to the PublicUp to [●] Equity Shares aggregating up to Rs.[●]s
Lakhs
Of which:
Retail Portion[●]  Shares aggregating to Rs.[●] Lakhs
Non – Institutional PortionNot less  than [●] Equity Shares
 Equity Shares outstanding prior to the Issue[●] Equity Shares
* Equity Shares outstanding after the Issue[●] Equity Shares

 


PolicyBazaar IPO Issue Object

Will be declared and updated soon.


Policy Bazaar IPO – Basis of the Offer Price

The IPO offer price is determined by the company and the lead managers by market evaluation and book building process. The price is also influenced by various qualitative and quantitative factors. Some such factors are discussed below.

The qualitative factors relevant to decide the issue price:

  • Established since long
  • Has survived a few cycles of economies
  • Collaboration with big brands

The relevant quantitative factors are:

On the basis of Standalone statement:-

Basic & Diluted EPSRONW (%)NAV (Rs.)
31-Mar-20
31-Mar-19
31-Mar-18

Competitive Peers:

ParticularsFace Value (in Rs.)EPS  (Basic In Rs.)EPS  (Diluted In Rs.)P/E RatioNAV
(Rs. per
share)
RoNW
(%)
Listed Peers

Policy Bazaar IPO Lead Managers

Lead Managers
To be updated shortly

PolicyBazaar IPO Registrar to offer

Registrar to offer
To be updated shortly

Policy Bazaar IPO – Other Details

  • Statutory Auditor –  NA
  • Legal Counsel – NA
  • Bankers to the Company – NA

PolicyBazaar IPO Review by Top 10 Stock Brokers

Top Stock Brokers ReviewCompany ReputationCompetitive EdgeFinancial StatementPopularity IndexPromoters Reputation
Angel Broking6.6/106.6/106.8/106.3/106.7/10
Sharekhan6.4/106.4/106.5/106.7/106.8/10
Kotak Securities6.7/106.4/106.3/106.8/106.5/10
ICICI Direct6.8/106.7/106.5/106.5/106.7/10
IIFL6.5/106.8/106.3/106.7/106.5/10
Edelweiss6.3/106.5/106.7/106.3/106.3/10
Zerodha6.7/106.3/106.6/106.5/106.7/10
5Paisa6.9/106.5/106.8/106.3/106.3/10
Karvy6.7/106.3/106.5/106.5/106.7/10
Motilal Oswal6.9/106.7/106.3/106.3/105.6/10

 


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    Policy Bazaar IPO News

    News 1 – IPO ISSUE OPENS SOON (Download Prospectus)

    News 2 – Policy Bazaar Limited IPO RHP Download


    Policy Bazaar IPO Review FAQs

    Ques – What is the Issue Size of Policy Bazaar IPO?

    Answer – The Company is making an initial public offer of NA equity shares. We vividly portray the aspects of the issue in this article. You can check the stats on fresh issue, Offer for sale, and the net issue.

    Ques – What is the Price band?

    Answer – The price band for this particular IPO ranges between NA. As far as the face value of the share is of concern, it is Rs.10 per share.

    Ques – What is the Policy Bazaar IPO Open Date?

    Answer – The opening and closing date for the IPO have been updated. The IPO is set to open on NA, while the closing date is set at NA.

    Ques – What is the IPO Allotment Date?

    Answer – We also have the news regarding the respective allotment dates. Basis of Allotment finalization is on NA, refund initiation is on NA, credit of shares is on NA and share listing date is on NA.

    Ques – What is the IPO Listing Date?

    Answer – Shares of this company shall be listed in the exchanges NA. Date when the listing would be done is stagnant on NA.

    Ques – Who is the Registrar of this IPO?

    Answer – One of the reputed registrars are managing the issue of this IPO, i.e. NA. Their website will help you regarding the further information you are on a lookout for.

    Ques – Who is the Promoter of this Company?

    Answer – Here are the promoters of this company – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.

    Ques – What is GMP of Policy Bazaar IPO?

    Answer – We have obtained the GMP of this IPO and it is NA. The further insights of Kostak rate and subject to sauda or SS are as well included in this report.

    Ques – Is Policy Bazaar IPO good for Investment?

    Answer – We have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.

    Ques – What is the PAT of this Company?

    Answer – We have the information of company financials, and according to that, we have the figures from the last few years to provide. PAT for the financial year 2020 in Lakhs is NA, 2019 is NA, 2018 is NA. PAT from Sep 2020 is NA.


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