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paisabazaar.com

Founded Year

2014

Mosaic Score

+70 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Paisabazaar

PaisaBazaar is an online marketplace for lending products in India.

Paisabazaar Headquarter Location

135, Sector 44

Gurugram, 122001,

India

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Latest Paisabazaar News

Policybazaar tanks 10% as CEO Yashish Dahiya plans 3.77 mn share sale

Jun 7, 2022

Policybazaar tanks 10% as CEO Yashish Dahiya plans 3.77 mn share sale Shares of PB Fintech, which operates online insurance broker Policybazaar and loan marketplace Paisabazaar, plunged 10 per cent to Rs 595 on the BSE in Tuesday’s intra-day after Yashish Dahiya, chairman executive and CEO of the company revealed his plan to sell up to 3.77 million equity shares through open market. “The Company has received an intimation from Mr. Yashish Dahiya, Chairman and CEO of the Company, for an intention to sell up to 3,769,471 equity shares via bulk deals on the stock exchanges,” PB Fintech said in an exchange filing. The aggregate shareholding of Yashish Dahiya as on March 31, 2022, stood at 19 million (4.23 per cent) and post exercise of 5.5 million ESOPs during May 2022 his aggregate shareholding increased to 24.52 million (5.45 per cent). As the ESOPs are subject to payment of taxes on exercise in addition to the payment of capital gain tax on the sale of shares, the proceeds from the sale of the 3.77 million shares are proposed to be used to make the payment of current and future taxes, the company said. CLICK HERE FOR STATEMENT Earlier, on February 11, 2022, co-founder Alok Bansal divested 2.85 million shares of PB Fintech for Rs 236 crore through an open market transaction. According to the NSE bulk deal data, Bansal sold shares at an average price of Rs 825 apiece. PB Fintech came out with its Rs 5,710-crore initial public offering (IPO) in November 2021. The company’s co-founders and other shareholders had reduced their stake in the public issue. At 09:29 am; the stock was trading 8 per cent lower at Rs 604.80, as compared to 0.86 per cent decline in the S&P BSE Sensex . It had hit a record low of Rs 542.30 on May 12, 2022. In the past six months, the stock has underperformed the market with its stock price halved or down 49 per cent as compared to 4 per cent decline in the S&P BSE Sensex . The stock has corrected 60 per cent from its all-time high of Rs 1,470 hit on November 17, 2021. PB Fintech had made its stock market debut on November 15, 2021. The company had issued shares at Rs 980 per share. Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance. We, however, have a request. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed. Digital Editor

Paisabazaar Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Paisabazaar Rank

  • When was Paisabazaar founded?

    Paisabazaar was founded in 2014.

  • Where is Paisabazaar's headquarters?

    Paisabazaar's headquarters is located at 135, Sector 44, Gurugram.

  • Who are Paisabazaar's competitors?

    Competitors of Paisabazaar include CreditEnable and 3 more.

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