Policybazaar Share Price Falls 13% As Markets Slump On Omicron Fears
Share price of Policybazaar witnessed a freefall today (December 20th, 2021) amid a plunge in the broader stock market.
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Share price of Policybazaar witnessed a freefall today (December 20th, 2021) amid a plunge in the broader stock market.
The offer of 3,45,12,186 shares were subscribed 16.59 times, thereby bids being placed for 57,23,84,100 shares.
The IPO of P.B. Fintech, the parent company of Policybazaar opened today, and in the first hour, it witnessed only retail investors pitch in
Retail portion has been booked 1.18 times. The retail investors placed the bids for 71,91,555 shares, against the earmarked 60,73,026 shares.
Global anchor investors included Abu Dhabi Investment Authority, Canada Pension Plan Investment Board and Blackrock