The transaction shall be executed by way of a number of gross sales on inventory exchanges
| Picture Credit score:
Kesavan A N 1612
Shares of PB Fintech, the mum or dad of Policybazaar, are set to see a block deal value as much as ₹653.6 crore ($68 million) on Friday, with Co-founders Yashish Dahiya and Alok Bansal planning to pare a small portion of their holdings by way of a secondary share sale.
In line with the time period sheet, the transaction entails the sale of as much as 3.8 million shares, representing round 0.8 per cent of the corporate’s whole excellent shares. The indicative ground worth has been fastened at ₹1,720 per share, implying a reduction of about 3.6 per cent to the inventory’s closing worth of ₹1,784.80 on the NSE on Might 27.
The transaction shall be executed by way of a number of gross sales on inventory exchanges. Kotak Securities is performing as the only bookrunner for the deal.
The proposed sale is completely secondary in nature, that means the proceeds will go to the promoting shareholders and to not the corporate.
On the finish of the March quarter Dahiya held 3.86 per cent stake within the firm and Bansal 1.16 per cent, change information confirmed.
PB Fintech, which operates digital insurance coverage market Policybazaar and credit score platform Paisabazaar, has emerged as certainly one of India’s main on-line monetary companies platforms. The corporate has seen robust investor curiosity in latest months amid bettering profitability and sustained development in insurance coverage premium collections and mortgage distribution.
The block deal comes amid heightened exercise in India’s capital markets, with founders and early backers more and more tapping buoyant valuations to trim stakes.
Revealed on Might 28, 2026
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