How to check PolicyBazaar IPO Allotment Status

Policybazaar operator (PB Fintech) has finalized the share allotment of Public Offer (IPO). Policybazaar’s IPO received a good response from investors during the subscription period. Policybazaar’s IPO got 16.59 times subscription from November 1 to 3.

According to the National Stock Exchange (NSE), investors bid for 57,23,84,100 shares against 3,45,12,186 shares on the IPO. There was 24.89 times subscription for institutional buyers. The subscription was 86.51 times for non-institutional investors and 80.49 times for retail investors (RIIs).

In the last few days, there has been a sharp decline in the value of unlisted shares of Policybazaar. Policybazaar’s gray market premium was around Rs 300 during the IPO announcement. However, on Thursday, November 11, the Policybazaar IPO GMP fell to Rs.60.

If you have also invested money in the IPO of PolicyBazaar, then now you can easily check its Shares Allotment status. For this, you just have to go to the official website of BSE Apart from this, you can also check the website of the registrar whether you have received the shares or not.

If you have not received the shares then your money will be returned in your bank account. It may take 2-3 days for the money to arrive.

You can check the allotment of your shares in two ways. You can check your share allotment on BSE website.

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