PB Fintech Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹940-₹980
- Lot size
- 15 shares
- Issue amount
- ₹5,625 cr
- Total subscription
- 0×
- Opens
- 1 Nov 2021
- Closes
- 3 Nov 2021
- Allotment
- 10 Nov 2021
- Listing
- 15 Nov 2021
Offer at a glance
Issue overview
- Issue size
- 5,82,62,397 shares
- Face value
- ₹2 per share
- Minimum investment
- ₹14,100
- Fresh issue
- ₹3,750 cr
- Offer for sale
- ₹1,959.71 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,700
- Issue type
- Bookbuilding IPO
- Shares before issue
- 41,12,34,500
- Shares after issue
- 44,94,99,806
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 15 | ₹14,700 |
| sHNI | 14 | 210 | ₹2,05,800 |
| bHNI | 69 | 1,035 | ₹10,14,300 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
PB Fintech is India’s leading online platform for insurance and lending products, offering consumers easy access to insurance, credit, and other financial services while promoting awareness of financial risks. Launched in 2008, Policybazaar provides a digital marketplace where users can research, purchase, and manage insurance policies, partnering with 51 insurers to offer over 340 products, including term, health, motor, home, and travel insurance. By 2020, Policybazaar held a 93.4% market share in digital insurance policies sold in India. In 2014, PB Fintech launched Paisabazaar to simplify access to personal loans, credit cards, home loans, and loans against property, partnering with 54 banks and NBFCs. Paisabazaar became India’s largest digital consumer credit marketplace, holding a 51.4% market share in disbursals in 2020, enabling disbursals of ₹51,015 Mn, ₹65,496 Mn, and ₹29,168 Mn in fiscals 2019, 2020, and 2021, respectively.
Strengths
- Wide Customer Choice: Offers transparency and options for insurance and personal credit products.
- Proprietary Technology: Enables superior data intelligence and customer service.
- Collaborative Partnerships: Works with multiple companies for insurance and lending products.
- Strong Network Effects: Benefits from Policybazaar and Paisabazaar platform reach.
- High Renewal Rates: Maintains strong customer loyalty.
- Capital Efficient: Operates with low costs and high efficiency.
- Experienced Leadership: Guided by skilled founders and management team.
Registrar & documents
Lead manager
Citigroup Global Markets India Private Limited, Hdfc Bank Limited, ICICI Securities Limited, IIFL Capital Services Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 119, Sector 44 Gurgaon, Haryana 122 001, India
+91 124 456 2907
[email protected]Company website ↗Understanding POLICYBZR IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.