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Open
1 Nov 2021
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Close
3 Nov 2021
3
Allotment
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Listing
Mon, Nov 15, 2021
Price Band
₹940 to ₹980
Issue Size
5,82,62,397 shares (agg. up to ₹5,710 Cr)
Lot Size
15 Shares
Listing Date
Mon, Nov 15, 2021
Latest GMP
₹135
Est. Gain
13.78%
✦ AI Insight
GMP Trend
15-11-2021₹135Est. ₹1115+13.78%
13-11-2021₹134Est. ₹1114+13.67%
12-11-2021₹50Est. ₹1030+5.1%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.17x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2021 | 31 Mar 2021 | 31 Mar 2019 | 31 Mar 2010 |
|---|---|---|---|---|
| Assets | 2,278.91 | 2,330.73 | 751.45 | 1,576.00 |
| Total Income | 258.17 | 957.41 | 528.81 | 855.56 |
| Profit After Tax | -110.84 | -150.24 | -346.81 | -304.03 |
| EBITDA | -118.36 | -159.76 | -336.09 | -319.89 |
| NET Worth | 1,952.15 | 1,991.73 | 490.29 | 1,265.85 |
| Reserves and Surplus | 1,869.90 | 1,990.50 | 489.42 | 1,264.74 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Enhancing visibility and awareness of our brands, including but not limited to “Policybazaar” and “Paisabazaar” | 1,500.00 |
| 2 | New opportunities to expand growth initiatives to increase our Consumer base including offline presence | 375.00 |
| 3 | Funding Strategic investments and acquisitions | 600.00 |
| 4 | Expanding our presence outside India | 375.00 |
| 5 | General corporate purposes | 763.09 |
About PB Fintech IPO
PB Fintech is India's leading online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage. In 2008, PB Fintech launched Policybazaar aimed at catering to consumers who need more information, choice, and transparency in insurance policies. Policybazaar is an online platform for consumers and insurer partners to buy and sell insurance products. 51 insurer partners offered over 340 term, health, motor, home, and travel insurance products on the policy bazaar platform, as of March 2021. Policybazaar offers its users with i) pre-purchase research, ii) purchase, including application, inspection, medical check-up, and payment; and iii) post-purchase policy management, including claims facilitation, renewals, cancellations, and refunds. The company's technology solutions are focused on automation and self-service-driven consumer experiences requiring minimal human intervention. According to Frost & Sullivan, Policybazaar was India's largest digital insurance marketplace with a 93.4% market share based on the number
Contact Details
PB Fintech Ltd. AddressPlot No.119Sector 44 GurugramGurugram, Haryana, 122001+91 124 456 2907investor.relations@pbfintech.comVisit Website