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17 Mar 2022

Mutual fund account to get closed if invested via Paisabazaar? Know truth

Paisabazaar said that it has not been onboarding new customers as the platform is transitioning to a new external platform. The transition move was taken to streamline back-end operations.

PolicyBazaar IPO

05 Nov 2021

PolicyBazaar IPO allotment status: Here’s how to check your bid’s position

The IPO was overall subscribed 16.59 times on the last day of subscription on Wednesday, November 3. NSE data points out that the issue received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer. The share allotment process is expected to be completed by next week.

01 Nov 2021

Policybazaar IPO opens today: Here is all you need to know

The issue, with a price band of Rs 940-980 a share, will open for public subscription during November 1-3.

PolicyBazaar IPO

27 Oct 2021

PolicyBazaar IPO announced: Check subscription date, price band and more

PolicyBazaar IPO (initial public offering) will comprise a fresh issue of Rs 3,750 crore worth of equity shares.

20 Oct 2021

PolicyBazaar IPO: Insurtech firm receives SEBI’s nod to raise Rs 6,017 crore

The IPO will comprise a fresh issue of equity shares worth Rs 3,750 crore. Existing shareholders will sell their shares worth Rs 2,267.50 crore through the upcoming IPO. In the offer for sale (OFS), SVF Python II (Cayman) will sell shares worth Rs 1,875 crore.

26 Sep 2021

Upcoming IPOs: 30 companies could float public issues in Oct-Nov

Policybazaar could launch its IPO to raise Rs 6,017 crore. Mobikwik plans to raise Rs Rs 1,900 crore with its initial offer.

20 May 2021

IRDAI slaps Rs 24 lakh penalty on Policybazaar, here’s why

The web aggregator had sent SMS to about 10 lakh customers. The SMS said that life insurance prices are set to increase from April 1. Irdai sought an explanation from Policybazaar on April 7, 2020.

Buying mutual funds online

25 Oct 2015

Soon, you may be able to buy mutual funds on e-commerce portal

As an ever-growing number of consumers flock to e-commerce websites for their shopping needs, regulator Sebi is considering allowing sale of mutual funds through these platforms to deepen this market.

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