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POLICYBAZAAR IPO
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...
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
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 ...
Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
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...
Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuationDigital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2....
Bay Capital launches digital fund, appoints Sandeep Barasia, Tej Kapoor as partnersBay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses in India. Sandeep Barasia and Tej ...
Policybazaar IPO allotment likely today: Here's how to check statusPolicybazaar IPO received bids for 57,23,84,100 shares against 3,45,12,186 shares on offer, according to NSE data. The price range for the ...
Policybazaar's IPO subscribed 16.59 times, Sigachi sees 101x bidsThe ₹5,710-crore IPO of PB Fintech, that operates Policybazaar, received bids for 57.24 crore equity shares against an offer size of 3.45 c...
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 IPO subscribed 54% on Day 1PB Fintech is India’s largest online platform for insurance (PolicyBazaar) and lending (Paisabazaar).
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.
Policybazaar raises Rs 2,569 cr from insurance cos, anchorsThe SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with invest...
Policybazaar IPO is likely to haunt investors in the unlisted market. Here's whyShares of PB Fintech traded in the unlisted market in the range of Rs 2,000-2,300, just a week ago. However, the official IPO details have ...
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.
Policybazaar files DRHP with Sebi for Rs 6,000-crore IPOOffering expected in November-December; startup likely to seek $5-6 billion valuation for IPO
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...
Exclusive: PolicyBazaar rejigs cap table with a $45 mn round at $2.4 bn valuationOnline insurance aggregator PolicyBazaar has executed yet another secondary share sale, its second in a little over three months, ahead of ...