Policybazaar IPO Subscribed 1.59 Times On Second Day Of Issue

Policybazaar's initial public offer (IPO) was subscribed 1.59 times on the second day of its issue, according to subscription data on the stock exchanges. The IPO of the country's leading online insurance aggregator opened for subscription on Monday, November 1, and will close on Wednesday, November 3 - remaining open for investors for a period of three days.