P
PB Fintech Ltd
IT - Software
₹ 1,821.40 +31.30 (1.75%)
₹ 1,821.40 +31.30 (1.75%)
- NSE
- BSE
Overview
- BSE Code 543390
- NSE Symbol POLICYBZR
- ISIN Demat INE417T01026
- Book Value (₹) 173.27
- Face Value (₹) 2.00
- Market Cap (₹ Cr.) 80,973.95
- P/E (TTM) 0.00
- EPS (TTM) 0.01
- Div Yield (%) 0.00
Performance
Today’s Low 1,780.60
Today’s High 1,836.70
52W Low 1,311.35
52W High 2,246.90
Open 1,781.20
Prev. Close 1,790.10
Volume 7,35,601.00
Corporate Actions
PB Fintech Limited - General Updates
Apr 24, 2025PB Fintech Limited has informed the Exchange about General Updates - Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 - Investment in PB Healthcare Services Private Limited
About PB Fintech Ltd
Journey of PB Fintech
Policybazaar.com originated as in June 2008 when Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar co-founded it as an insurance comparison platform. The company's journey began with its incorporation as 'Etechaces Marketing and Consulting Private Limited' on June 4, 2008. Later, on September 18, 2020, the company underwent a name change, becoming commonly referred to as PB Fintech Private Limited. Back then, the Indian insurance landscape was rather opaque, with policies primarily being sold through agents. Policybazaar aimed to change this by bringing forth customers a transparent platform where they could access information about various insurance policies and make informed choices. Initially, it operated as a price-comparison website and a source of insurance-related knowledge. Over time, it evolved into a comprehensive marketplace for insurance policies. In 2015, Policybazaar leapt into the mobile world by launching its app for Android and iOS users. In June 2021, Policybazaar secured an insurance broking license from IRDAI. Concurrently, the company announced its intention to establish 100 physical outlets across India, signalling a shift from its earlier web aggregator core priority. Fast forward to November 2021, the parent company of Policybazaar, PB Fintech Ltd, embarked on its Initial Public Offering (IPO) journey, successfully raising a significant ₹5,625 crore (equivalent to US$700 million). This milestone paved the way for PB Fintech Ltd's shares to be traded on both the National Stock Exchange and the Bombay Stock Exchange, with trading commencing on the 15th of November 2021.Business Segments
PB Fintech has expanded its portfolio to encompass a range of products and services catering to both business-to-business (B2B) and business-to-consumer (B2C) sectors, with a specialised core priority on FinTech and InsurTech markets.- Personal Insurance:PB Fintech facilitates personal insurance solutions via its online platform. Users can conveniently explore, compare, and acquire various personal insurance policies, encompassing life insurance, health insurance, and travel insurance. These bringing forths are sourced from leading insurance providers.
- Business Insurance:Under the PB Corporate initiative, PB Fintech caters to the enterprise sector's insurance requirements. This segment specialises in delivering B2B insurance products, and it also extends coverage for employers and employees alike.
- Credit Card and Loan Disbursement:PB Fintech streamlines the loan application and disbursal process through its Paisabazaar platform. It offers a spectrum of loans, including personal loans, home loans, and business loans, all sourced from prominent banks and its subsidiary named “Money Wide”. It also facilitates providing credit scores and integrated cards.
- Additional Services:Beyond the mentioned services, PB Fintech has diversified its portfolio into document management. Doc Prime, India’s first Digital Health Locker, manages health records and bills all on one platform.
Key Personnel:
- Yashish Dahiya, CEO and Chairman
Management Outlook
- The organization's long-term success relies on attracting and retaining consumers. They've achieved consistent growth in website and mobile platform visitors, with 6.8 crore registered consumers as of March 31, 2023. The aim is to expand further through awareness campaigns.
- Policybazaar and Paisabazaar leverage their extensive consumer bases to benefit insurers and lending partners, bringing forth them one of the most cost-effective consumer acquisition channels. They've established numerous partnerships, resulting in substantial increases in insurance premiums, disbursals, and credit card acquisition.
- The organization core priorityes on retaining and expanding enterprise with existing customers. In Q1 2023, renewal/trail revenue increased significantly, indicating the potential for higher margins in both insurance and credit segments. This approach is key to sustained profitability.
Founded | : 2008 |
Chairman | : Yashish Dahiya |
Address | : Plot No 119 Sector 44, Gurgaon, Haryana, 122001, |
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