PB Fintech Limited IPO
PB Fintech Limited was a mainboard IPO in the Financial Technology (Fintech) sector, offered at ₹940–₹980 per share to raise ₹6,319 crore. The issue was subscribed 16.58× overall (QIBs 24.89×, NIIs 7.82×, retail 3.31×). It listed on 15 Nov 2021 at ₹1,150 and closed its first day at ₹1,202, a listing gain of +22.7% versus the ₹980 issue price. It now trades around ₹1,000 (+2.0% versus the issue price).
Frequently asked questions
- How many times was the PB Fintech Limited IPO subscribed?
- The PB Fintech Limited IPO was subscribed 16.58× overall — 24.89× in the QIB category, 7.82× among non-institutional investors, 3.31× in retail.
- What were the PB Fintech Limited IPO listing gains?
- PB Fintech Limited listed on 15 Nov 2021 at ₹1,150, closing its first day at ₹1,202 — a listing gain of +22.7% versus the ₹980 issue price.
- What were the retail allotment odds for the PB Fintech Limited IPO?
- Retail was subscribed 3.31×, so a single-lot application had roughly a 30.2% chance of allotment (about 1 in 3), and allotment was finalised on 9 Nov 2021.
- What was the price band and lot size of the PB Fintech Limited IPO?
- The price band was ₹940–₹980 per share, with a minimum lot of 15 shares (₹14,700 at the upper band).
- Who were the registrar and lead manager for the PB Fintech Limited IPO?
- Link Intime India Private Limited was the registrar, and Citi was the book-running lead manager.