New Delhi: After a month long gap, the primary market is heading for a busy time, with five firms including Paytm parent One97 Communications and policybazaar parent PB Fintech have lined up their IPOs in the first half of November to raise over Rs 27,000 crore collectively. The other three firms whose initial share-sales are … Read more
NEW DELHI: PB Fintech, which operates insurance marketplace platform Policybazaar and credit comparison portal Paisabazaar, filed its initial public offering (IPO) papers with Sebi. It has joined a number of other new-age fintech peers—Paytm, Mobikwik, Nykaa and Zomato–who have announced their public issues. The company and its shareholders seek to raise Rs 6,017 crore from … Read more
By Baiju Kalesh India’s second largest private lender is making its biggest hiring push in investment banking and institutional equities in four years, as it anticipates a rise in companies going public. The Mumbai-based firm plans to add five mid-to-senior level hires in each of the two units, which currently have 130 bankers in total, … Read more