PB Fintech Ltd - IPO

PB Fintech Ltd IPO Details

Initial public offering of 58,262,397* equity shares of face value of Rs. 2 each (equity shares) of PB Fintech Limited (Company or Issuer) for cash at a price of Rs. 980 per equity share (including a share premium ofRs. 978 per equity share) (the Offer Price) aggregating to Rs. 5709.72 crores (the Offer) comprising a fresh issue of 38,265,306* equity shares aggregating to Rs. 3750.00 crores (the Fresh Issue) and an offer for sale of 19,997,091* equity shares aggregating to Rs. 1959.72 crores (the Offer for Sale), comprising an offer for sale of 19,132,653* equity shares aggregating to Rs. 1875.00 crores by SVF Python II (Cayman) Limited (the Investor Selling Shareholder) and 864,438* equity shares aggregating to Rs. 84.72 crores by certain persons listed in this prospectus (the Other Selling Shareholders, as defined below) (the investor selling shareholder and the other selling shareholders, collectively, the Selling Shareholders, and such equity shares offered by the selling shareholders, the Offered Shares).* Subject to finalization of the basis of allotment.The face value of the equity shares is Rs. 2/- each.The offer price is 490 times the face value of the equity shares. The offer constitutes 12.96% of the post-offer paid up equity share capital of the company.

Objective of issue

Enhancing Visibility and Awareness of the Brands, including but not limited to Policybazaar and Paisabazaar. New Opportunities to expand Growth Initiatives to Increase the Consumer Base including Offline Presence. Funding Strategic Investments & Acquisitions. Expanding the Presence Outside India. General Corporate Purposes.

PB Fintech Ltd Contact Details

PB Fintech Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investor.relations@pbfintech.in

Website - www.pbfintech.in