PolicyBazaar IPO: Policybazaar shares were allotted on November 10. The issue of PB Fintech, which runs companies like Paisa Bazar and Policy Bazar, was subscribed 16.59 times. 57.24 crore shares were received in lieu of 3.45 crore shares of the company. The issue price of PB Fintech was Rs 940-980 with a lot size of 15 shares.
Those who have received shares of PB Fintech will start showing it in the demat account a day before the listing. The listing of its shares is on November 15. Those who have not got its shares, their money will also come before listing.
Didn’t get both the share and the refund?
If the allotment of shares took place on November 10 and you have not received the shares and money, then there is nothing to panic. Because usually this money comes in the account by the second day of allotment. But in any case, this money will be credited to your account before the listing of the shares.
The registrar of PB Fintech’s IPO is Link Intime India Private Limited. If you have also invested money in its IPO, then allotment can be checked like this.
How to check through BSE
First of all click on https://www.bseindia.com/investors/appli_check.aspx.
After clicking on this link a page of Status of Issue Application will open. Select Equity option on it.
Select the name of the company for which you want to check the allotment of IPO.
After that enter your application number.
Below this you have to enter the details of your PAN.
After this, verify you by clicking on the box of I am not a robot.
After this press the search button and the status will be in front of you.
If you want to check allotment through registrar company linkintime then you can check like this
First of all click on this link.
https://linkintime.co.in/MIPO/Ipoallotment.html
After this, select the name of the IPO in Dropbox whose allotment status is to be checked.
Below this, you can check the status by giving any one of these three information-
application number
client id
PAN
After that select the type of your application. That is, choose between ASBA or Non-ASBA.
According to the mode you will select, you will have to give information below it.
After that fill the captcha and submit.
The allotment status will open in front of you.
Policybazaar IPO opened on November 1 with an aim to raise Rs 5,700 crore, of which Rs 2,569 crore was already raised on October 29 through anchor book.
The allotment of shares of PB Fintech has been done on November 10. The demat account of those who will get the shares of PB Fintech will start seeing the shares on November 12. Those who do not get these shares, their money will be returned to the accounts by November 11. The allotment of shares of the company is scheduled for today and listing on November 15.
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