PolicyBazaar IPO GMP Today, Live IPO Grey Market Premium 2021

PolicyBazaar IPO GMP is very attractive to date. Here in the below tables, you can check PolicyBazaar IPO GMP, Kostak, and Subject rates. Grey Market premium for PolicyBazaar is around ₹75.

The company started as Etechaces Marketing and Consulting Pvt. Ltd. in 2008 and later on in 2020 named PB Fintech. Policybazaar and Paisabazaar are the child companies of PB Fintech. They are one of the leading insurance and money lending platforms.

Policybazaar is a platform for consumers and insurance companies to buy and sell insurance products. 51 insurance partners are affiliated with policybazaar till now. Check IPO GMP for other IPOs here.

Latest PolicyBazaar IPO GMP- 

PolicyBazaar IPO GMP table is updated every day to give you the exact grey market premium for PolicyBazaar IPO.

DateIPO GMP Kostak RatesSubject to Sauda
9/11/2021 ₹75 ₹400 ₹4500
8/11/2021 ₹75 ₹400 ₹4500
4/11/2021 ₹80 ₹400 ₹4500
3/11/2021 ₹130 ₹400 ₹4500
2/11/2021 ₹150 ₹400 ₹4500
1/11/2021 ₹175 ₹400 ₹4500
31/10/2021 ₹175 ₹400 ₹4500
30/10/2021 ₹120 ₹400 ₹4500
29/10/2021 ₹100 ₹400 ₹4500
28/10/2021 ₹170 ₹400 ₹4500
27/10/2021 ₹180 ₹400 ₹4000
26/10/2021 ₹180 ₹400 ₹4000

Click on the links below to check the DAILY MOVEMENT of GMP for trending IPOs:-

Nykaa IPO

Sigachi Industries IPO

PolicyBazaar IPO

SJS Enterprises IPO

Fino Payments Bank IPO

Paytm IPO

Should you subscribe to PolicyBazaar IPO?

We have researched and mentioned the strengths and risks of the PolicyBazaar IPO. The final verdict will help you make the right decision.

Strength – 

  • Wide choice and transparency to the consumers to research and select best insurance and credit products. 
  • Network effects between Policy Bazaar and Paisa Bazaar.
  • Collaborative partnerships with 51 partners in the insurance segment.
  • High Renewal rates.

Risks – 

  • Never achieved profitability till now.

Honest Reviews – 

PB Fintech, the parent company of Policybazaar and Paisabazaar looks attractive in terms of ideation. The company has not achieved profitability since its incorporation. We would like to keep this stock on the radar, once the company shows profitability we would like to analyze it again through our investment parameters.

Investors can invest for the listing gains in the PolicyBazaar IPO. It’s early to predict but PolicyBazaar IPO can give great listing gains by seeing its grey market premium. You can read the details of PolicyBazaar IPO here.

PolicyBazaar IPO Dates & Price Band:

Open date1st November 2021
Close date3rd November 2021
Total Size of IPO₹5,625 Cr.
Fresh Issue 3,750 Cr.
Offer for Sale₹1,875 Cr
Price Band₹940- ₹980
Face Value₹2 per share
Listing onNSE and BSE
Retail Investor’s Portion10%

PolicyBazaar IPO Market Lot:

The minimum market lot of PolicyBazaar IPO is 15 shares with 14,700 applications. Retail investors can apply for 13 lots with 195 shares application worth191,100.

ApplicationLotSharesCut Off Amount
Minimum (RII)11514,700
Maximum (NII)13195191,100

PolicyBazaar IPO Allotment & Listing Dates:

PolicyBazaar IPO’s open date is 1st November and the closing date is 3rd November. Allotment of shares will be done on 10th November and the listing date on NSE & BSE is 15th November 2021.

Allotment Date for PolicyBazaar – 10th November 2021
Refund Date for PolicyBazaar – 11th November 2021
Credit of Shares to Demat Account – 12th November 2021
Listing Date for PolicyBazaar – 15th November 2021

PolicyBazaar IPO GMP FAQs:

What is the PolicyBazaar IPO GMP today?

PolicyBazaar IPO GMP is 75 as of today.

What is the last date to apply for PolicyBazaar IPO?

3rd November 2021 is the last date to apply for PolicyBazaar IPO.

What is Kostak Rates of PolicyBazaar IPO today?

PolicyBazaar IPO Kostak Rates is ₹450 as of today.

Will PolicyBazaar IPO GMP increase?

It’s too early to say that but we can expect a good premium on PolicyBazaar IPO.

Can PolicyBazaar give listing gains?

Investors can invest for the listing gains in the PolicyBazaar IPO. It’s early to predict but PolicyBazaar IPO can give great listing gains by seeing its grey market premium. You can keep a track of PolicyBazaar IPO GMP here.

What is PolicyBazaar IPO expected returns?

Seeing the current grey market premium for PolicyBazaar IPO, expected returns are up to 10%.

How to Apply the PolicyBazaar IPO through Upstox?

Open UPSTOX ACCOUNT. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “PolicyBazaar Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate.

Disclaimer for Investors:

  • We on ipogmp.in do not buy or sell any kind of IPO forms.  
  • Do not subscribe to IPO just by seeing its GMP. You should do proper research about the fundamentals of a company.
  • IPO GMP changes every day and you can view the changes in the above table.
  • Always apply to an IPO after understanding financials and discussing with your financial advisor.

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