What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the PB Fintech Limited IPO allotment date?

The basis of allotment for PB Fintech Limited IPO is scheduled to be finalized on 10 Nov 2021.

Where can I check PB Fintech Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 11 Nov 2021.

PB Fintech Limited

ListedMainboard

Technology / Financial Services · NSE / BSE

PB Fintech is India’s leading online platform for insurance and lending products, offering consumers easy access to insurance, credit, and other financial services while promoting awareness of financial risks. Launched in 2008, Policybazaar provides a digital marketplace where users can research, purchase, and manage insurance policies, partnering with 51 insurers to offer over 340 products, including term, health, motor, home, and travel insurance. By 2020, Policybazaar held a 93.4% market share in digital insurance policies sold in India. In 2014, PB Fintech launched Paisabazaar to simplify access to personal loans, credit cards, home loans, and loans against property, partnering with 54 banks and NBFCs. Paisabazaar became India’s largest digital consumer credit marketplace, holding a 51.4% market share in disbursals in 2020, enabling disbursals of ₹51,015 Mn, ₹65,496 Mn, and ₹29,168 Mn in fiscals 2019, 2020, and 2021, respectively.

Price Band

₹940 – ₹980

Issue Size

₹5625 Cr

Lot Size

15 shares

GMP

₹135

+13.8%

Est. Listing

₹1115

at current GMP

Subscribed

—

Open

1 Nov 2021

3 Nov 2021

Allotment

10 Nov 2021

Refund

11 Nov 2021

Demat Credit

12 Nov 2021

Listing

15 Nov 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

PB Fintech Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Nov 2021

Basis finalization

Refunds Initiate

11 Nov 2021

Mandate release

Demat Credit

12 Nov 2021

Shares in demat

Listing Debut

15 Nov 2021

Trading begins

How to Check PB Fintech Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select PB Fintech Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About PB Fintech Limited Public Issue & Market Profile

PB Fintech Limited is bringing an initial public offering (IPO) in the Technology / Financial Services sector with an aggregate issue size of ₹5,625 Crores. The shares are offered at a price band of ₹940 to ₹980 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 15 shares (approx. ₹14,700 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-11-12, while un-allotted funds or UPI block mandates will be released on 2021-11-11.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.