Page 4 - Policybazaar

Policybazaar gains 23% on debut; Sigachi soars 3.7x

At the last closing price, Policybazaar parent PB Fintech was valued at Rs 54,000 crore. The company has raised Rs 3,750 crore in fresh capital in its IPO

Sensex, Nifty end on a flat note; ITC gains 2%, Tata Steel slips 3%

Debutants exhibited mixed outing on Day 1. PB Fintech was up 4.4 per cent, Sigachi Industries zoomed 270.5 per cent, while SJS Enterprises ended at a 5 per cent discount to issue price

PB Fintech shares list with over 17% premium over issue price of Rs 980

Shares of PB Fintech Ltd, which operates online insurance platform Policybazaar and Paisabazaar, listed with a premium of over 17 per cent against its issue price of Rs 980 on Monday.

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.

PolicyBazaar IPO subscribed 16.6x

SJS Enterprises' offering just about managed to scrape, while Sigachi Industries was subscribed 71x

Five IPOs to hit mkt in first half of Nov; seek to raise over Rs 27,000 cr

After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent and PolicyBazaar parent lining up IPOs in Nov to raise over Rs 27,000 crore collectively

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

Policybazaar raises Rs 2,569 cr from anchor investors at Rs 980 per share

33.5% of the total allocation to anchor investors was made to 18 domestic mutual funds through 69 mutual fund schemes

TMS, Ep 31: Business sentiment, Policybazaar IPO, and bull & bear markets

Does the nature of demand revival justify India Inc's business sentiment? How can healthtech startups benefit from Ayushman Bharat Digital Mission? What are bull and bear markets? Get all answers here

Markets Today: Key levels for Sensex, Nifty; Policybazaar IPO review

With Sensex and Nifty below near-term support levels, what's the road ahead for markets? Will this weakness shift focus to primary markets, where Nykaa and Policybazaar are ready with their IPOs?

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

Policybazaar IPO: SoftBank to sell 20% of its stake worth Rs 1,875 crore

The Japanese venture fund currently has a 13 per cent stake in the IPO-bound company

Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here

The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders

Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO

As per the draft papers, the firm may consider raising around Rs 750 crore by way of a private placement of equity shares ahead of the IPO

30 firms may float public issues in Oct-Nov to mop up Rs 45,000 cr

Of the total fundraising, a large chunk would be garnered by technology-driven companies

Info Edge arm to file fresh scheme of amalgamation after Policybazaar IPO

The IPO comprises a fresh issue of Rs 3,750 crore worth of equity shares and an offer for sale (OFS) of Rs 2,267.50 crore by existing shareholders

Policybazaar files DRHP with Sebi, aims to raise over Rs 6,000 cr via IPO

Of this, Rs 3,750 crore will be fresh issue portion and OFS of Rs 2,267.5 crore

SoftBank-backed Policybazaar seeks to join India tech IPO train

Policybazaar was founded in 2008 to tap the large population of under-insured in a country of 1.3 billion people

Sebi chief hails home listing of tech cos, says markets entering new era

Views follow a stellar response to India's first unicorn IPO by food delivery company Zomato, which was subscribed nearly 40 times

Policybazaar all set to hit the market, raise Rs 6,500 crore via IPO

The Softbank-backed insurance aggregator is also likely to consider offer for sale from some of its investors