Policy Bazaar

IPO Size

`6017.5 Cr

Price Band

`940- 980 Per Share

Minimum Lot Size

15 Share

Face Value

`2 Per Share

Employee Discount

NA

Retail Allocation

NA

Issue Open Date

1 Nov, 2021

Issue Close Date

3 Nov, 2021

Listing Date

15 Nov, 2021

About the Company:

PB fintech  Ltd. is one of India's largest online platforms for insurance and lending products leveraging the power of technology, data,  and innovation. Within a decade, with the rise in digitization PB fintech took the advantage of technological advancement of the country.

In 2008, insurance customers in India were facing a tough time, due to lack of information on products, transparency was missing, mis-spelling was rampant, there was a high lapse rate of insurance policies.  The founders had no insurance experience, re-imagined what the insurance space could be. The concept of having a place where all communications would be recorded so that there would be a clear audit trail of who said what in a product as complex as insurance. A place that provided a common service layer for all consumer services and claims. With this thought process and structural view, Policy Bazaar is now India’s foremost insurance aggregator and a leading fintech player globally with the objective of  Customer First and Sustained Profitability for the entire insurance ecosystem.

Outstanding Litigation:

S.No. 1 - Company 2 - Directors 3 - Promoters
Entity Name By the Company Against the Company By the Director Against the Director By the Promoter Against the Promoter
Criminal cases 5 - - - - -
Material civil cases 3 1 - - - -
Taxation matters - 1 - - - -
Regulatory Proceedings 4 1 - 2 - -

Financial Statements:

Income Statement FY21 FY20 FY19
Gross Operating Income 8866.62 7712.97 4922.45
Cost of Employee & Inventory 5540.47 5208.49 3976.23
Other Expenses 4923.78 4860.65 5073.81
EBITDA      
Depreciation 413.78 472.95 304.22
Interest  115.24 119.2 74.77
Profit/Loss Before Tax -1419.14 -2948.41 -3374.3
 Tax 83.28 91.88 93.81
Profit/Loss After Tax -1502.42 -3040.29 -3468.11

 

Promoter of the Company

Yashish Dahiya

Peer Comparison

No listed peer in India

Objectives of the Issue

Offer for Sale

2267.5

Fresh Issue

3750

Download the App

Get best experience

Download Now