Is Policybazaar profit making?
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Is Policybazaar profit making?
In fiscal year FY21, the company reported INR 957.4 Cr in total income, up 12\% over the previous fiscal. Policybazaar reported a consolidated revenue of INR 855.5 Cr in the financial year that ended in March 2020 (updated as per DRHP disclosures), up from FY19’s income of INR 528.8 Cr.
Is Policybazaar oversubscribed?
The initial public offer of PB Fintech Limited, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, was subscribed 16.59 times on the last day of subscription on Wednesday.
Is Policybazaar a Fintech?
PB Fintech, which runs Policybazaar and Paisabazaar, made its debut on the bourses Monday, becoming the third high-profile consumer Internet startup after Zomato and Nykaa to list in India.
How many times can you subscribe to Policybazaar IPO?
Policybazaar’s IPO subscribed 16.59 times, Sigachi sees 101x bids. The Policybazaar IPO, which opened on November 1, comprised a fresh issue of ₹3,750 crore and an offer for sell worth ₹1,960 crore.
How can I check my Policybazaar IPO status?
How to check PolicyBazaar IPO allotment status at Link Intime
- Login at Link Intime’s direct link — linkintime.co.in/MIPO/Ipoallotment.html;
- Select PolicyBazaar IPO;
- Enter your PAN card details; and.
When did Policy Policybazaar start?
2008
Yashish Dahiya founded PolicyBazaar — India’s largest platform for analyzing, comparing, and buying insurance based on price, quality, and other key features — in 2008 to bring transparency and accountability in the Indian insurance policy segment.
Who started Policybazaar?
Yashish Dahiya
Avaneesh NirjarAlok Bansal
Policybazaar/Founders
For Yashish Dahiya and Alok Bansal, their 13-year journey of building Policybazaar as India’s largest insurance marketplace started even before they launched the company. Yashish Dahiya founded Policybazaar in 2008 after his first venture which aggregated insurance companies failed.