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  5. Block deals: PB Fintech sees large trade worth ₹920 crore, Delhivery's 1.19 cr shares change hands; Mobikwik to see large transaction

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Block deals: PB Fintech sees large trade worth ₹920 crore, Delhivery's 1.19 cr shares change hands; Mobikwik to see large transaction

Upstox
By Upstox News Desk

3 min read | Updated on June 26, 2025, 09:14 IST

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SUMMARY

Block deals, June 26: As many as 50.50 lakh shares, or 1.10% equity of PB Fintech worth ₹920 crore, changed hands during the block deal window. The transaction, as per news reports, took place at ₹1,821.50 apiece.

Stock list

POLICYBZR
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MOBIKWIK
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DELHIVERY
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Block deals

The company, as per a news report, is likely to see a big block deal today. | Image: Shutterstock

Block deals, June 26: A couple of block deals are expected to take place on Thursday, June 26. As per news reports, PB Fintech, the parent company of Policybazaar and Paisabazaar, as well as MobiKwik, the financial technology company, will see large transactions in the block deal window today.

Here is what we know so far.

PB Fintech

As many as 50.50 lakh shares, or 1.10% equity of PB Fintech worth ₹920 crore, changed hands during the block deal window. The transaction, as per news reports, took place at ₹1,821.50 apiece.

Earlier, CNBC-TV18 reported that PB Fintech Ltd co-founders Yashish Dahiya and Alok Bansal were likely to sell 5.05 million shares, or 1.1% of the company’s equity, through a block deal valued at approximately $106 million.

The base price for the transaction was reported at ₹1,800 per share, marking a discount of up to 2.2% from the last traded price, the report said further.

For the March 2025 quarter (Q4 FY25), insurance aggregator PB Fintech reported a consolidated net profit growth of 185% at ₹171 crore against ₹60 crore logged in the year-ago period.

Its revenue from operations during the quarter stood at ₹1,508 crore, up 38% from ₹1,090 crore seen in the corresponding quarter of the last financial year, per news reports.

Delhivery

Reports said that as many as 1.19 crore shares worth ₹461 crore changed hands in the block deal window at ₹388 per share.

One MobiKwik Systems

The company, as per a news report, is likely to see a big block deal today. On Wednesday, June 25, CNBC-TV18 reported that Net1 Applied Technologies Netherlands BV, a subsidiary of South Africa’s Net1 UEPS Technologies, was likely to sell its entire 8% stake in One Mobikwik Systems Ltd. via block deals.

The company launched its initial public offering (IPO) in December last year. The public issue of the fintech firm received a staggering 119.38 times subscription by the last day of the offer, amid an overwhelming participation from investors.

The ₹572 crore initial share sale got bids for 1,41,72,65,686 shares against 1,18,71,696 shares on offer, as per NSE data.

The portion for Retail Individual Investors (RIIs) fetched 134.67 times the subscription, while the Qualified Institutional Buyers (QIBs) part received 119.50 times the subscription. The category for non-institutional investors got subscribed 108.95 times.

The company's IPO had a price band of ₹265-₹279 per share.

(With inputs from PTI)
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Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.