Mumbai: PB Fintech Ltd., the parent firm of Policybazaar India And PaisaBazaar made its debut on the Indian stock exchanges on Monday, registering a jump of 22.74% from its IPO price at Rs 1202.9 per share by the end of the day.

It is the third big tech-focused firm to list this year, after food delivery company Zomato and omnichannel cosmetics retailer Nykaa both got a bang on the exchanges.

market capitalization of the company
crossed Rs 54,070 crore First day of listing. The fortunes of more than a dozen institutional investors like softbank, Tencent, Tiger Global, Temasek, Warburg Pincus and Falcon Edge increased due to listing gains.

Here’s how each investor’s stake in PolicyBazaar stood at the end of Monday.

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