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PB Fintech Limited

PB Fintech Limited

listed
₹14,100Min. investment
  1. Bid start
    1 Nov
  2. Bid end
    3 Nov
  3. Allotment
    3 Nov
  4. Release of funds
    12 Nov
  5. Demat transfer
    10 Nov
  6. Listing
    15 Nov

PB Fintech Limited IPO Details

Price range₹940 – ₹980
IPO type
Regular
Lot size15 shares
Issue size₹5,710Cr
RHP/DRHP
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Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
PB Fintech Limited, the parent company of Policybazaar and Paisabazaar, is all set to launch its IPO on 1 November, 2021. Here’s everything you need to know about the IPO:
PB Fintech operates two  online platforms for insurance and lending products. In 2008, it launched Policybazaar, a digital insurance marketplace, intending to create awareness about the financial impact of death, disease, and damage. Policybazaar is an insurance aggregator designed to compare insurance policies offered by various insurers and buy insurance policies online. In FY20, it was India’s largest digital insurance marketplace with 93.4% share in terms of the number of policies sold.
Similarly, Paisabazaar is also a big player in the digital lending space. Launched In 2014, it was India’s largest digital retail credit online marketplace with 51% market share in FY20. Paisabazaar is a digital lending platform that allows customers to compare, choose and apply for credit products such as personal loans, business loans, and credit cards.
Reasons for going public:
PB Fintech Limited proposes to allocate the proceeds from selling shares towards the following:
  • Enhancing the visibility and awareness of its brands, including Policybazaar and Paisabazaar 
  • Taking on new opportunities to expand its customer base including offline presence 
  • Funding strategic investments and acquisitions 
  • Replicating and adapting its business model to pursue opportunities in other regions and countries
  • General business requirements
Company financials
Here’s a look at the company’s financial performance:
ParticularsFY19FY20FY21
Top 5 shareholders of PB Fintech are as below:
Competitive strengths
PB Fintech has managed to set itself apart in the following ways:
  • It has created strong brands such as Policybazaar and Paisabazaar
  • Offers a wide choice of financial products
  • The company caters to its customers through technology integrations with insurers and leading partners 
  • The company gives its partners a low-cost platform to target the right customers
  • The company does not underwrite any insurance or retain any credit risk in its books
Opportunities
  • Policybazaar has already started expanding in the Middle East with operations in Dubai
  • Due to the pandemic, the awareness and demand for insurance policies have increased.
Threats
  • Even though PolicyBazaar and Paisa bazaar currently hold the larger market share compared to its competitors like Coverfox and BankBazaar, the business is competitive and margins are thin.
Risks
  • Failure of its insurance and lending partners to meet evolving needs of customers
  • Any disruption to the IT systems and infrastructure may affect its platform and service 
  • The company is highly dependent on insurers and lending partners. And lack of alignment or cooperation with them can lead to customer dissatisfaction
  • If confidential information is not protected, it could lead to cyber-attacks, data breaches and inappropriate use of such personal data recorded by customers
  • The company  has a history of losses and estimates an increase in expenses in the future

Frequently asked questions

How to invest in the PB Fintech Limited ?

Investors can apply for the PB Fintech Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of PB Fintech Limited ?

The issue size of the PB Fintech Limited is 5710 Cr.

What is 'pre-apply' for PB Fintech Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will PB Fintech Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.