Latest News | PB Fintech Shares List with over 17 Pc Premium
Get latest articles and stories on Latest News at LatestLY. Shares of PB Fintech Ltd, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, listed with a premium of over 17 per cent against its issue price of Rs 980 on Monday.
New Delhi, Nov 15 (PTI) Shares of PB Fintech Ltd, which operates online insurance platform Policybazaar and credit comparison portal Paisabazaar, listed with a premium of over 17 per cent against its issue price of Rs 980 on Monday.
The stock made its debut at Rs 1,150, up 17.34 per cent on both the BSE and NSE.
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It then gained 22.95 per cent to Rs 1,205 on the BSE.
The initial public offer of PB Fintech Limited was subscribed 16.59 times earlier this month.
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The Price range for the Rs 5,710-crore offer was at Rs 940-980 per share.
PB Fintech commanded a market valuation of Rs 52,800.49 crore on the BSE in early trade.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)