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PB Fintech said its revenue for the quarter more than doubled (105 per cent YoY) to Rs 573.47 crore from Rs 279.58 crore in the same quarter last year
November may see a huge supply of shares as lock-in period of 10 companies including FSN E-Commerce (Nykaa), PB Fintech (Policy Bazaar), Sigachi Industries, One97 Communications (Paytm), Tarsons Products and Go Fashion (India) will end this month for pre-IPO investors
Bikaji Foods IPO: The issue is purely an offer for sale (OFS) of 29,373,984 shares, with a price band between Rs 285 and Rs 300. As the IPO is completely an OFS, the company would not receive any proceeds from the issue.
Delhivery, Zomato, Nykaa and Paytm have lost 67 per cent, 63 per cent, 62 per cent and 50 per cent, respectively, from their respective all-time high levels.
Cartrade Tech vs PB Fintech vs Nykaa: With shares of the three new age firms erasing considerable investor wealth since their debut, the outlook of these stocks looks uncertain.