Policybazaar IPO oversubscribed 16.59 times on final day
The initial public offer of PB Fintech Limited, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, was subscribed 16.59 times on the last day of subscription on Wednesday.
Policybazaar IPO received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer. Image Source: Reuters