Summary:
PB Fintech, the parent of Policybazaar and Paisabazaar, is in focus after founders Yashish Dahiya and Alok Bansal sold a combined 0.82% stake worth ₹665 crore. The block deal attracted strong participation from institutional investors, including Goldman Sachs and Morgan Stanley. The transaction comes amid robust earnings growth and continued investor interest in the fintech company.
PB Fintech, the parent company of Policybazaar and Paisabazaar, is likely to remain in focus after its co-founders Yashish Dahiya and Alok Bansal collectively sold a 0.82% stake in the company through open market transactions worth approximately ₹665 crore.
According to stock exchange data, the transaction involved the sale of 38 lakh equity shares at an average price of ₹1,751 per share. Yashish Dahiya, Chairman and Group Chief Executive Officer of PB Fintech, sold 26 lakh shares, representing a 0.56% stake, for ₹455.26 crore. Alok Bansal offloaded 12 lakh shares, equivalent to a 0.26% stake, for ₹210.12 crore. The aggregate deal value stood at ₹665.38 crore.
Global and Domestic Institutions Pick Up Shares
The block deal attracted strong participation from leading domestic and global institutional investors. Among the major buyers were Goldman Sachs, Morgan Stanley, Societe Generale, Tata Mutual Fund, Kotak Securities, National Pension System (NPS) Trust, BNP Paribas Financial Markets, Wasatch Advisors, Ghisallo Capital Management, Matthews International Capital Management, Metzler Asset Management, Viridian Asset Management, and the Los Angeles City Employees’ Retirement System.
Among individual investors, ST James's Place Emerging Markets Equity Unit Trust emerged as one of the largest buyers, purchasing 4.67 lakh shares worth ₹81.85 crore. Viridian Asia Opportunities Master Fund acquired 4.37 lakh shares valued at ₹76.63 crore, while Societe Generale purchased 4.34 lakh shares worth ₹76.01 crore. Goldman Sachs Bank Europe SE bought 3.28 lakh shares for ₹57.47 crore, and NPS Trust acquired 3.8 lakh shares worth ₹66.66 crore.
Following the transaction, the combined shareholding of Dahiya and Bansal declined to 4.2% from 5.02%. As of March 31, 2026, Dahiya held a 3.86% stake in the company, while Bansal owned 1.16%.
Part of Ongoing Stake Sales
This latest move is just one in a string of sales by the company founders in recent years. In June 2025, they offloaded a bit more than 1% stake, raking in between ₹920 crore and ₹960 crore at ₹1,821.50 per share. The previous year, in May, they sold a 1.8% stake worth ₹1,109 crore. Plus, during PB Fintech’s ₹5,710 crore IPO in November 2021, they cashed in again, along with other shareholders, selling shares worth around ₹2,300 crore together. Also, early investor Tencent recently exited part of its holding, selling a 1.05% stake for ₹805.45 crore in a block deal earlier this month.
Strong Financial Performance Supports Investor Interest
PB Fintech keeps nailing its operations. In the first quarter of FY26, they made ₹2,061 crore in revenue, up 37% year-over-year. Most of this gain comes from insurance premiums. Plus, their net profit jumped 54%, hitting ₹261 crore from about ₹170 crore in the same period last year.
Share Price Performance
In November 2021, PB Fintech made a strong start at ₹1,150 per share – that's a 17% jump from the IPO price of ₹980. Yet, the stock dove, hitting a low of ₹356.20 by November 2022, which is a drop of more than 69%. Still, it bounced back big time. The rally sent the stock soaring by almost 531%, topping out at an all-time high of ₹2,246.90 in January 2025. Post that peak, shares have taken a modest dip of over 24%. Even now, the company's stock is way up – more than 48% above where it started when they first listed and about 74% higher than the IPO price.
