Policy Bazaar IPO – Review, Allotment Status, Subscription, Price, Date & more

Policybazaar has started working with the bankers for the IPO preparation and hopefully by October 2018 the IPO will be released. So far the company has managed to raise Rs 410 crore from the investors: Tiger Global Management, InfoEdge and Premji Invest. This article provides the details about the Policy Bazaar IPO size, Policy Bazaar IPO object, background of the company, the investors and the financial performance of the company.


Policy Bazaar IPO Review & Ratings

Policy Bazaar IPO Ratings & Review
CriteriaRatings
Industry Sentiments6.5/10
Industry Ranking6.4/10
Company Background6.8/10
Company Reputation6.9/10
Competitive Edge6.4/10
Financial Statements6.7/10
Popularity Index6.8/10
Promoters Reputation6.4/10
Retail Appetite6.8/10
Top Brokers Review6.8/10
Overall Ratings6.7/10
Star Ratings★★★☆☆

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 lead managers of the IPO and the registrar of the IPO are yet to be disclosed. The details would be included herein shortly.


Subscribe to PolicyBazaar IPO – Fill up the Form Below

Fill the Details Below
  1. Subscribe to IPOOpen Demat AccountBecome Sub Broker

Policy Bazaar IPO Date

The Policy Bazaar IPO is expected to be in market before the end of this calendar year. The company initiated the talks and the IPO is expected to be out soon.

Policy Bazaar IPO Subscription

 Subscription
Day 1 X
Day 2 X
Day 3 X
Day 4 X
Day 5 X

The details of shares being subscribed would be updated on a daily basis upon release of the IPO.

Policy Bazaar IPO Allotment Status

The details of shares allotted against the subscription would be updated once the allotment process is completed. The details would be accordingly updated.

Policy Bazaar IPO Price Band

The price offered under the IPO is generally decided during the book building process. The IPO price has not been released yet. The details would be shortly updated in this section.

Policy Bazaar IPO Issue Size

The Policy Bazaar IPO size is expected to be close to Rs. X crores. However, this is just an indicative number and the actual number would be updated once the IPO details are finalized by the Company. Please revisit us for the latest updates.

Policy Bazaar IPO Equity Share Offerings

The number of shares being sold off by the existing investors is not disclosed yet.


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.

Key members of Policybazaar.com:

Competitive Strengths of Policybazaar

Business strategy of Policybazaar


Policybazaar – Financial Statements

 

A summary of the financial position of the company is presented below:

Assets of the Company

Assets (in INR & Millions)
 Mar’17Mar’16Mar’15Mar’14Mar’13
Non-Current Asset
Current Asset
Total Asset

The details would be updated shortly.

Revenue & PAT of the Company

Revenue & Profits (in INR & Millions)
 Mar’17Mar’16Mar’15Mar’14Mar’13
Total Revenue
Profit after Tax (PAT)

The details would be updated shortly.

Earnings per Equity Share

Earning per Equity Share (in INR)
 Mar’17Mar’16Mar’15Mar’14Mar’13
Basic
Diluted

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


Policy Bazaar IPO Promoters

The details of the promoters would be shortly updated.

Promoter Interest in the company.

The details of the interest held by the promoters in the company would be updated in a few days.

Promoter Interest in property of the company

These details would be updated shortly.


Policy Bazaar IPO Offer Details or Issue Details

OfferThe offer is expected to be close to Rs 1000 crores.
Of which
Issue reserved for the Market Makers
Net Issue to the public
Of which
Allotment to retail investors
Allotment to other investors
Equity Shares outstanding prior to the offer
Equity Shares outstanding after the Offer

 


PolicyBazaar IPO Issue Object

Will be declared and updated soon.


List of Upcoming IPOs in 2018

HDFC AMC IPONekkanti Seafoods IPODevi Seafoods IPOSandhya Marines IPO
John Energy IPOTCNS Clothing IPOSembCorp Energy IPOCredit Access Grameen IPO

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 quantitative factors relevant for the issue price are:

  • Earning per share
  • Price/earning ratio
  • Return on Net Worth
  • Net Asset Value – NAV per Equity Share

List of Latest IPOs of 2018

Fine Organic IPOIndoStar Capital IPOCapricorn Food Products IPOFlemingo Travel Retail IPO
Nazara Technologies IPOGenius Consultants IPORail Vikas Nigam IPOVerroc Engineering IPO

 


Policy Bazaar IPO Lead Managers

Lead Managers
To be updated shortly

PolicyBazaar IPO Registrar to offer

Registrar to offer
To be updated shortly

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

 


Policy BazaarIPO Grey Market Premium

Grey market for Policy Bazaar IPO would open 15 days before the release of the IPO.


Subscribe to PolicyBazaar IPO – Fill up the Form Below

Fill the Details Below
  1. Subscribe to IPOOpen Demat AccountBecome Sub Broker

PolicyBazaar IPO News

News 1 :


Market Guide

What is IPO?
IPO Investment
IPO Valuation
Upcoming IPOs

Featured Topics

Featured Topics
Top 10 Discount Brokers in India
Top 10 Full Service Brokers in India
Top 10 Stock Brokers in India
Top 10 Intraday Trading Brokers in India
Best Demat Account in India
Stock Broker Comparison
Top 10 Broking Franchise
Sub Broker Franchise
Stock Market Franchise

 

Get 100% IPO Allotment Guarantee! Subscribe to IPO