Policy Bazaar IPO – Review, Allotment Status, Subscription, Price, Date & more
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 Value||Rs 10|
|Price Band||Rs NA|
|Listing At||BSE, NSE|
|Min. Order Quantity||NA|
|Offer for Sale||Rs NA MILLION|
|Fresh Issue||Rs NA MILLION|
|IPO Size||Rs NA MILLION|
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
Within 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 / Date||QIB||NII||RII||Total 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||–|
|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:
On the basis of standalone financial statement:
|Amount (in INR & Lakhs)|
|30-Sep-20||Mar 20||31-Mar 19||Mar 18|
|Profit After Tax|
The details would be updated shortly.
Earnings per Equity Share (in Millions)
|30-Sep-20||Mar 20||31-Mar 19||Mar 18|
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|
|Market Maker Reservation Portion||Up to [●] Shares aggregating up to Rs.[●]|
|Net Issue to the Public||Up to [●] Equity Shares aggregating up to Rs.[●]s|
|Retail Portion||[●] Shares aggregating to Rs.[●] Lakhs|
|Non – Institutional Portion||Not 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 EPS||RONW (%)||NAV (Rs.)|
|Particulars||Face Value (in Rs.)||EPS (Basic In Rs.)||EPS (Diluted In Rs.)||P/E Ratio||NAV|
Policy Bazaar IPO 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 Review||Company Reputation||Competitive Edge||Financial Statement||Popularity Index||Promoters Reputation|
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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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