PB Fintech Ltd., the parent company of Policybazaar and Paisabazaar, is set to witness a promoter stake sale through a block deal on Friday, according to a termsheet accessed by us.
As per the termsheet, promoters Yashish Dahiya and Alok Bansal plan to sell up to 38 lakh equity shares, representing nearly 0.8% of the company’s total outstanding shares. The transaction size is estimated at around ₹653.6 crore (approximately $68 million) at the indicated floor price.
The floor price for the deal has been fixed at ₹1,720 per equity share, which reflects a discount of nearly 3.6% compared to PB Fintech’s closing price of ₹1,784.80 on the NSE on May 27, 2026.
The proposed transaction is entirely secondary in nature, meaning the proceeds from the sale will go to the selling shareholders and not the company. Kotak Securities Limited is acting as the sole bookrunner and broker for the transaction.
PB Fintech operates major digital financial platforms including Policybazaar, one of India’s largest online insurance marketplaces, and Paisabazaar, a consumer credit and lending platform. The company has continued to focus on expanding its insurance distribution, lending marketplace and digital financial services ecosystem in recent quarters.
The company has remained in investor focus amid improving profitability metrics, growth in insurance premium collections and expansion across health, life and motor insurance categories. Market participants will closely watch institutional demand for the block deal and the stock’s reaction in Friday’s trading session.
Disclaimer: This article is for informational purposes only and should not be considered investment advice.