Nov 24, 2021 09:15 AM IST
Start-up investors who come in last ensure that the company’s valuation continues to sustain at the level at which the last round of investments was made. The onus is then on the entrepreneurs and employees who have to jump through hoops to support those absurdly high valuations with performance.
- Nov 22, 2021 07:35 PM IST
BharatPe founder Ashneer Grover on Paytm's disappointing debut on Dalal Street, why the issue bombed, how this will impact the other tech IPOs, and more.
- Nov 15, 2021 11:17 PM IST
On the NSE, it jumped 22.61 percent to close at Rs 1,201.60. In traded volume terms, 12.93 lakh shares were traded at the BSE and over 3.63 crore shares at the NSE during the day.
- Nov 15, 2021 03:56 PM IST
Profit-booking would be a good strategy for short-term investors who have been allotted shares of PB Fintech and SJS Enterprises, say experts
- Nov 15, 2021 01:56 PM IST
Policybazaar and Paisabazaar operator PB Fintech shares made a decent debut on November 15 as the stock listed with a 17.35 percent premium. The opening tick on the BSE was Rs 1,150. The price trend was largely in line with analysts’ expectations and grey market trend.
Watch Yashish Dahiya in conversation with Chandra R Srikanth and Priyanka Iyer
- Nov 15, 2021 10:00 AM IST
Policybazaar | PB Fintech, which is widely known for Policybazaar, mopped up Rs 5,625 crore through its public issue last week.
- Nov 14, 2021 01:28 PM IST
Analysts expect the listings to be at a premium over the issue price given the positive market conditions. Read on to know what the experts feel the listing premium could be:
- Nov 10, 2021 08:52 AM IST
Patym is well-positioned to benefit from the exponential 5x growth in mobile payments between FY2021 and FY2026 to $3,065 billion which will help drive its topline growth.
- Nov 08, 2021 10:01 AM IST
Indian insurtech players are set to benefit from the huge opportunity that the country’s underpenetrated market provides. Digital insurance players are making it easier for customers to understand and buy insurance within IRDAI’s regulatory framework.
- Nov 01, 2021 04:43 PM IST
Co-founder and CEO Yashish Dahiya will be selling shares worth only Rs 30 crore from Rs 250 crore earlier. With the reduction in the OFS by founders and other shareholders, the IPO size now comes down to Rs 5,700 crore.
- Nov 01, 2021 12:51 PM IST
Fear of missing out on listing gains, relatability with new-age internet brands going public and a need to test the waters for better returns is driving the younger cohort to begin their stock market journey through IPOs.
- Nov 01, 2021 08:54 AM IST
Policy Bazaar is the prominent asset, accredited for starting online insurance sales in India some 13 years ago
- Oct 30, 2021 02:29 PM IST
Banker-turned-businesswoman Falguni Nayar-promoted Nykaa traded at Rs 1,725 per share in the grey market, a massive premium of Rs 600 or 53.3 percent over upper price band of Rs 1,125.
- Oct 29, 2021 11:17 PM IST
Policybazaar IPO | PB Fintech is planning to garner Rs 5,625 crore through its initial public offering that consists of a fresh issue of Rs 3,750 crore, and an offer for sale of Rs 1,875 crore by investor SVF Python II (Cayman) and other selling shareholders.
- Oct 27, 2021 02:11 PM IST
The IPO of PB Fintech, the holding company of PolicyBazaar and Paisabazaar, will open on November 1 and close on November 3, at a price band of Rs 940-Rs 980. Its revenue has more than doubled in the last two years and losses have been cut down. It recently received an insurance broking license, allowing it to foray into the offline insurance selling industry. Listen in to its co-founders Yashish Dahiya and Alok Bansal on their plans post IPO
- Oct 26, 2021 07:57 PM IST
The issue size is 6,07,30,265 shares, with a face value of Rs 2 each.
- Sep 26, 2021 04:11 PM IST
Many of the IPOs are an offer for sale (OFS), where private equity players or the promoter wants to cash out part of their holding.
- Aug 02, 2021 01:51 PM IST
PB Fintech recorded a consolidated loss of Rs 150.24 crore in FY21 against loss of Rs 304 crore in FY20 and loss of Rs 346.81 crore in FY19.
- Aug 01, 2021 07:04 AM IST
Policybazaar IPO: Aims at a valuation between $5.5 billion and $6 billion. The firm’s listing plans come on the back of a sharp spike in the demand for online health and life insurance products post the outbreak of Covid-19
- Jul 20, 2021 10:36 PM IST
The regulatory filing also showed that PB Fintech, the holding entity of Policybazaar, has been converted into a public limited company.
- Jul 09, 2021 09:21 AM IST
Nykaa is likely to keep the size of the public offering unchanged at between $500 million and $700 million.
- Jun 25, 2021 08:16 PM IST
Insurance marketplace Policybazaar, which is preparing to go public will now have offline stores, going beyond a digital-only presence so far
- Jun 11, 2021 04:47 PM IST
With this development, the company will surrender its web aggregator licence to Insurance Regulatory and Development Authority of India (IRDAI) and undertake business including insurance aggregation under the broking umbrella.
- May 21, 2021 09:32 AM IST
The Irdai levied three charges on Policybazaar -- sending misleading information through SMS about price rise, violation of regulation 11 and regulation 9 of advertisement and disclosure norms.
- May 12, 2021 09:52 AM IST
Hitesh Oberoi, the CEO and MD of Info Edge, which runs portals such as Naukri, Jeevansathi and 99 acres, apart from being an investor in unicorns such as Zomato and Policybazaar spoke to Moneyocntrol's Chandra R Srikanth on the harrowing few weeks as the second wave of Coronavirus hit India like a Tsunami. From running around for beds and oxygen for affected employees, Oberoi says things are now beginning to stabilise and will get better in a couple of weeks. He also said IPOs of companies such as Zomato, which filed its DRHP recently are on track and that the demand for digital skills continues.