Inc42
Inc42

Policybazaar's Unlisted Share Price Plunge Nearly 40% Post IPO Price Band Announcement

Policybazaar's Unlisted Share Price Plunge Nearly 40% Post IPO Price Band Announcement
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Its IPO will open on November 1 and close on November 3 at a price band of INR 940-INR 980

There were concerns in the unlisted market that the shares were trading at a significant premium compared to the eventual price band

The fintech unicorn will raise INR 5,708.64 Cr to INR 5,951.56 Cr

The share price of Policybazaar and Paisabazaar parent PB Fintech in the unlisted market has dropped by 36-39% to INR 1,100 - INR 1,400 (on Wednesday, 27th October).

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CricTracker
CricTracker

'Couldn't get good sleep last night' - Shreyas Iyer woke up at 5 in morning with maiden Test century loading

'Couldn't get good sleep last night' - Shreyas Iyer woke up at 5 in morning with maiden Test century loading
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Shreyas Iyer. (Photo Source: BCCI)

Day 2 of the 1st Test between India and New Zealand was memorable for Shreyas Iyer as he slammed a sensational century on Test debut.

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India Today

Double-dose vaccination for all top priority in wake of new Covid variant: Dr Gagandeep Kang

Double-dose vaccination for all top priority in wake of new Covid variant: Dr Gagandeep Kang
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The discovery of the new Covid strain in South Africa, has triggered panic across the world. The new variant - B.1.1.529 has a very high number of spike mutations, making it more infectious than the Delta strain.

As India still struggles with vaccinating most of its adult population, doctors opine that the number one priority should be to get everyone fully vaccinated.


Read all the latest updates on COVID-19 here.

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