PolicyBazaar IPO

PolicyBazaar

₹14,100 /15 sharesMinimum Investment

PolicyBazaar IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
1 Nov ‘21 - 3 Nov ‘21₹14,10015₹940 - ₹980
Issue SizeIPO Doc
5625.00Cr
RHP PDF

Subscription Status As on 03 Nov '21, 5:00 PM

  • Retail Individual Investor
    3.31x
  • Non-Institutional Investor
    7.82x
  • Qualified Institutional Buyers
    24.89x

About PolicyBazaar

PB Fintech Ltd. is India’s largest online platform for insurance and lending products leveraging the power of technology, data, and innovation. It launched PolicyBazaar in 2008 to respond to the need for more awareness, choice, and transparency and create a consumer-pull-based, provider-neutral model for insurance distribution. Further, in 2014, the company launched PaisaBazaar with the goal to transform how Indians access personal credit by accentuating ease, convenience, and transparency in selecting a variety of personal loans and credit cards.;
Parent Organisation
PolicyBazaar
Founded
2008
Managing Director
Yashish Dahiya
PolicyBazaar IPO Review, date, price, details, analysis, news - PB Fintech IPO | Upcoming IPO

Strengths & Risks

  • Strong, consumer-friendly brands that offer a wide choice, transparency, and convenience to users.
  • It has a proprietary stack that has been instrumental in helping the company design user-friendly consumer journeys across all of its processes by automating various aspects across the product value chain.
  • India’s largest digital insurance marketplace with a 93.4% market share based on the number of policies sold in Fiscal 2020.
  • Large, efficient, and intelligent networks, providing consumers with the ability to browse financial services products offered by 51 insurer partners and 54 lending partners.
  • High renewal rates providing clear visibility into future business and delivering superior economics.
  • Micro-segmentation has helped the company grow the product offerings on its platforms, streamline transaction processes, deepen partnerships with insurers and lending partners, and offer tailor-made financial services solutions for varied segments.
  • A capital-efficient model with low operating costs.
  • Operates in the dynamic and highly competitive online fintech landscape.
  • Denial by the insurance or loan partners to offer insurance or credit products in sync with the evolving needs of consumers.
  • Failure to maintain and enhance its brand recognition or reputation, or failure to do so in a cost-effective manner.
  • Dependency on cooperation with its insurer and lending partners.
  • The continuing impact of the outbreak of the COVID-19.
  • Inability to ensure the accuracy and completeness of product information and the effectiveness of its recommendation of insurance products on its platform.
  • A history of losses and an anticipated increase in expenses in the future.
  • Inability to comply with the various laws and regulations governing the insurance broking business.
  • Any disruption to its IT systems and infrastructure.
  • Any failure to protect confidential information, prevent cyber-attacks and data breaches or improper use, or disclosure of such data.

Financials

*All values are in Rs. Cr
No Graph Data To Display
ⓒ 2016-2023 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.7.7
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI

ABOUT GROWW