Shares of PB Fintech, parent of Policybazaar, drew attention after founders Yashish Dahiya and Alok Bansal sold a combined 0.8 percent stake for Rs 665 crore. Dahiya sold shares valued at Rs 455 crore while Bansal divested holdings worth Rs 210 crore at Rs 1,751 each on the National Stock Exchange. Institutional buyers included Goldman Sachs, Morgan Stanley, Viridian Asset Management, Kotak Securities, Tata Mutual Fund and the National Pension System Trust. This follows earlier sales by the founders of roughly 1.1 percent for Rs 960 crore in June last year and larger disposals during the 2021 IPO. As of 31 March 2026, Dahiya held 3.86 percent and Bansal owned 1.16 percent. In the January-March quarter, operating revenue rose 36 percent to Rs 2,061 crore and net profit increased 54 percent to Rs 261 crore. The stock listed at Rs 1,150 in November 2021, fell to a low of Rs 356.20 in 2022, reached a peak of Rs 2,246.90 in January 2025 and closed at Rs 1,702.50 on Friday, down 24 percent from that high yet above its listing price. Market capitalisation exceeds Rs 79,398 crore with a price-to-earnings ratio above 117 times.
