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.

What is the current subscription status of PB Fintech Limited IPO?

PB Fintech Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	28,698,980	—	0.00x
Non-Institutional (NII / HNI)	8,609,694	—	0.00x
Retail Individual (RII)	20,089,286	—	0.00x
Total	57,397,960	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,339,286	1,339,286	1.00x
HNIs (10L +)	8,567	8,567	1.00x
HNIs (2-10L)	40,999	40,999	1.00x
Total Applications	1,388,852	1,388,852	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is PB Fintech Limited IPO GMP today?

The latest Grey Market Premium (GMP) for PB Fintech Limited IPO is ₹135 per equity share. Based on the upper price band of ₹940 to ₹980 per equity share, the estimated listing price is ₹1115 (+13.8% expected listing gain).

What is the expected profit per lot for PB Fintech Limited IPO?

With a lot size of 15 shares and current GMP of ₹135, the expected profit per application lot is approx ₹2,025 (+13.8% gain). Minimum application cost is approx ₹14,700.

What is the issue size and price band for PB Fintech Limited IPO?

The PB Fintech Limited IPO aggregate issue size is ₹5,625 Crores with an equity price band set at ₹940 to ₹980 per equity share. The retail lot size is 15 shares requiring a minimum capital outlay of approx. ₹14,700.

How can I check PB Fintech Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will PB Fintech Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-11-10. Investors can verify status using PAN card or application number.

When is the listing date for PB Fintech Limited IPO?

PB Fintech Limited shares are scheduled to list on NSE and BSE on 2021-11-15.