Policybazaar IPO Subscribed 16.59 Times On Final Day Of Issue

Policybazaar's initial public offer (IPO) was subscribed 16.59 times on the third and final 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 closed today, November 3 - remaining open for investors for a period of three days.