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POLICYBAZAAR IPO SHARES
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
PB Fintech shares in focus after founders sell stake worth Rs 665 crore in Policybazaar parentPB Fintech founders sold shares worth Rs 665 crore. Yashish Dahiya and Alok Bansal offloaded stock on Friday. Major investors like Goldman ...
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
Mutual funds hold on to new-age companies despite drubbing post listingSeveral mutual fund schemes had subscribed to the IPOs of these companies last year. Some of them raised their stakes in these companies af...
Forcing companies to declare profits early will destroy shareholder value: Policybazaar founderShares end opening day’s trade with 23% gain over issue price
PB Fintech IPO subscribed 16.59 times on Day 3The PB Fintech IPO received bids for 57.24 crore equity shares against an offer size of 3.45 crore, according to NSE data. The parent firm ...
Policybazaar parent's IPO fully subscribed on Day 2The issue has generated mixed recommendations from analysts, with some raising questions over the valuations. However, the majority believe...
Policybazaar founders to cut sale of own shares in IPO by 85-90%The increased interest in startup IPOs and headroom for further growth in business as well as valuation after the Policybazaar IPO led foun...
- Policybazaar IPO kicks off: Should you stay away from the issue?
Reliance Securities said Policybazaar IPO is valued at 22.1x FY21 book value and 46x on market cap to FY21 sales, which looks stretched.
Borrowing for IPOs to cost twice as muchAs liquidity tightens and fails to match surging demand toe to toe, interest rates have jumped from 6-7% to 12-13% in two months. With a do...
Policybazaar parent to continue chasing long-term growth after IPOYashish Dahiya, cofounder and chairman of PB Fintech, said 80% of the company’s focus will be on growth and 20% will be on ‘efficiencies’.
PolicyBazaar parent's IPO to open on November 1The price band for the issue has been set between Rs 940 and Rs 980 a share.
Unlisted shares of Policybazaar's parent rallyThe shares in the grey market are now trading around ₹2,000-2,100 apiece from the earlier price of ₹1,800. The grey market IPO premium, how...
Sebi approves Paytm IPO, 6 othersThe Securities and Exchange Board of India (Sebi) last week approved seven initial public offerings (IPO), including that of Paytm, which p...
Grey market punters already trading on planned unicorn IPOsPunters in the unofficial grey market are being choosy about trading in the unlisted shares of IPO-bound new-age businesses. Online beauty ...
Nykaa, Policybazaar to file papers to raise Rs 11,000 crore via IPOsInvestment banking sources told ET that lifestyle retailer Nykaa, which plans to raise ₹5,000 crore, will likely file its draft red herring...
Policybazaar plans IPO to raise up to Rs 6,500 crorePolicybazaar parent PB Fintech has approved a resolution to raise up to Rs 6,500 crore, or $870 million, via an IPO, making it the fifth In...
Policybazaar plans Mumbai IPO filing next monthThe Policybazaar IPO, which could value the online insurance startup at over $3.5 billion, would involve new stocks and secondary shares fr...
PolicyBazaar eyes $1.5 billion value in IPOThe portal’s holding entity, EtechAces Marketing and Consulting, is likely to be the first financial technology listing on the Indian bours...