The transaction will be executed through one or more sales on stock exchanges | Photo Credit: Kesavan A N 1612

Shares of PB Fintech, the parent of Policybazaar, are set to see a block deal worth up to ₹653.6 crore ($68 million) on Friday, with Co-founders Yashish Dahiya and Alok Bansal planning to pare a small portion of their holdings through a secondary share sale.

According to the term sheet, the transaction involves the sale of up to 3.8 million shares, representing around 0.8 per cent of the company’s total outstanding shares. The indicative floor price has been fixed at ₹1,720 per share, implying a discount of about 3.6 per cent to the stock’s closing price of ₹1,784.80 on the NSE on May 27.

The transaction will be executed through one or more sales on stock exchanges. Kotak Securities is acting as the sole bookrunner for the deal.

The proposed sale is entirely secondary in nature, meaning the proceeds will go to the selling shareholders and not to the company.

At the end of the March quarter Dahiya held 3.86 per cent stake in the company and Bansal 1.16 per cent, exchange data showed.

PB Fintech, which operates digital insurance marketplace Policybazaar and credit platform Paisabazaar, has emerged as one of India’s leading online financial services platforms. The company has seen strong investor interest in recent months amid improving profitability and sustained growth in insurance premium collections and loan distribution.

The block deal comes amid heightened activity in India’s capital markets, with founders and early backers increasingly tapping buoyant valuations to trim stakes.

Published on May 28, 2026