PolicyBazaar’s parent company PB Fintech’s initial public offering garnered 16.6x subscription and generated bids worth over Rs 56,000 crore. Meanwhile, SJS Enterprises’ offering just about managed to scrape through, while that of Sigachi Industries was subscribed 71x. Earlier this week, FSN E-Commerce Ventures, operator of online beauty start-up Nykaa, was subscribed 82x.
PolicyBazaar IPO subscribed 16.6x
SJS Enterprises' offering just about managed to scrape, while Sigachi Industries was subscribed 71x
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