PB Fintech Limited the holding company for Policy Bazaar is tapping the capital markets with its fresh issue of Rs 3,750 crs and an offer for sale of Rs 1,933.50 crs and an offer for sale of 2,67,500 shares. The price band is Rs 940-980 and at the top end of the price band the issue would garner Rs 5,709.71 crs. The issue opens on Monday the 1st of November and closes on Wednesday the 3rd of November.
The company allotted 2,62,18,079 equity shares to 155 entities. The company within this number allotted 33.53% of the shares to 18 domestic funds comprising of 69 entities. New World Fund was allotted the highest allocation at 14,82,435 equity shares comprising of 5.65% of the anchor book.
Full details of the anchor allocation are given below: –