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Don’t miss the latest developments in business and finance.
Policybazaar tanks 10% as CEO Yashish Dahiya plans 3.77 mn share sale
Yashish Dahiya intends to offload partial stake via bulks deals on the exchanges. He currently holds 24.52 million shares in the company.
Policybazaar surges 16% after strong debut, up 43% against issue price
On Monday, November 15, 2021, Capital Research And Management Co A/C New World Fund Inc had purchased 3.41 million equity shares at price of Rs 1,192.96 per share.
Policybazaar debuts at 17% premium over issue price
The stock listed at Rs 1,150, a 17 per cent premium over to its issue price of Rs 980 per share on the BSE.
Insurance companies apply big in Policy Bazaar's Rs 5,600 crore IPO
A total of 26.2 million shares have been allocated to over 150 funds at Rs 980 per share
The market has become a lot more real of late: PB Fintech's Dahiya, Bansal
The company is looking to raise Rs 5,700 crore at a Rs 44,000-crore valuation
Paisa Bazaar's mutual fund ad featuring Akshay Kumar sparks debate
Industry divided over use of brand ambassadors to promote digital platforms