PB Fintech Limited the holding company for Policy Bazaar which had tapped 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 was subscribed 17.86 times. The price band was Rs 940-980 and at the top end of the price band the issue would garner Rs 5,709.71 crs. The issue had opened on Monday the 1st of November and closed on Wednesday the 3rd of November.

The company had earlier 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.

The QIB portion was subscribed 27.52 times, HNI portion was subscribed 8.15 times and Retail portion was subscribed 3.45 times. There were 10,95,622 applications and on basis of lots, the retail portion was subscribed 2.82 times.

Full details of the subscription, category wise are given below: –