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PolicyBazaar’s Power Play: Founders to Offload Shares Worth $106 Million

Updated: June 26, 2025 10:17

Image Source: Upstox
PolicyBazaar’s parent company, PB Fintech, is drawing market attention as founders Yashish Dahiya and Alok Bansal prepare to offload a significant stake worth $106 million through block deals.
 
Key Highlights:
  • The co-founders are set to sell 50.5 lakh shares, representing 1.1% of PB Fintech’s total equity, in a transaction valued at around Rs 912 crore (approximately $106 million).
  • The base price for the block deal is set at Rs 1,800 per share, which is a 2.2% discount to the previous closing price of Rs 1,839.8 on the NSE.
  • The block deal window is open during two trading sessions: morning (8:45–9:00 a.m.) and afternoon (2:05–2:20 p.m.), and is typically used by institutional investors for large negotiated trades.
As of March, Dahiya held a 4.31% stake and Bansal 1.4% in PB Fintech. The company’s public shareholding is high, with foreign investors owning 45.93% and mutual funds 15.87%.
PB Fintech recently reported strong financials: Q4 FY25 consolidated net profit jumped 184% year-on-year to Rs 171 crore, and revenue rose 38% to Rs 1,508 crore, driven by robust growth in insurance revenues.
 
For the full year FY25, profit after tax soared to Rs 353 crore from Rs 64 crore in FY24, helped by better operating margins, higher treasury income, and lower ESOP expenses.
 
The stock has seen mixed performance: up 38.6% over the past year, but down 13% year-to-date. It closed 1.4% lower at Rs 1,839.75 on Wednesday.
The founders’ stake sale comes with a 90-day lock-in period, meaning they cannot sell more shares during this time.
 
Market watchers are closely monitoring the impact of this large transaction on PB Fintech’s share price and future ownership structure.
 
Source: Moneycontrol, NDTV Profit, CNBC-TV18, Economic Times, Upstox

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