News > Policybazaar files Rs 6,017.5-cr IPO papers with Sebi

Policybazaar files Rs 6,017.5-cr IPO papers with Sebi

The Free Press Journal | 03/08/2021 11:12 PM | Click to read full article

PB Fintech, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, has filed preliminary papers with market regulator Sebi to raise Rs 6,017.50 crore through an initial public offer (IPO).

As part of the OFS, SVF Python II (Cayman) will sell shares worth Rs 1,875 crore, Yashish Dahiya will shares worth Rs 250 crore and some other selling shareholders will also offer shares.