Policy Bazaar IPO Review

Directusinvestments13 Oct, 2021Business

PB Fintech is coming up with an initial public offer to raise Rs 6,017.5 crore, the issue comprises fresh issue of Rs 3,750 crore and an offer for sale of Rs 2,267.5 crore by its existing shareholders; face value of each share is fixed at Rs 2. Policy bazaar?s share is listing at BSE, NSE. About Company Policy bazaar is country?s largest online platform for insurance and lending products, data, and innovation. Policy bazaar provides convenient access to insurance, credit, and other financial services. In 2014, its parent company PB Fintech has launched policy bazaar to transform the access for personal credits and variety of credit cards with easy and transparent process. Company provides convenient access to insurance, credit and other financial products and aim to create awareness amongst Indian households about the financial impact of death, disease and damage.