PB Fintech share price jumped 9% after the company announced cancellation of its board meeting to discuss Qualified Institutions Placement (QIP).
2 min read5 Feb 2026Positives such as 37% year-on-year revenue growth to ₹1,771 crore were overshadowed by news that the company's board was slated to meet on 5 February to consider raising capital through a qualified institutional placement to pursue inorganic growth opportunities abroad.
2 min read3 Feb 2026The proposed fundraising will involve the issuance of equity shares through a QIP to eligible institutional investors, subject to shareholder and regulatory approvals.
1 min read2 Feb 2026The Indian stock market rallied on December 19, fueled by favorable US inflation data. The Nifty 50 and Sensex increased, with strong performances in major sectors, especially Nifty Realty. The market reflects renewed confidence in potential interest rate cuts by the Federal Reserve.
3 min read19 Dec 2025After barely recovering from GST-related disruptions, PB Fintech is confronting new uncertainty from the Insurance Amendment Bill 2025, which could pressure commissions, earnings visibility and valuations.
2 min read17 Dec 2025The revenue growth was aided by sale of new insurance plans and renewals, and credit disbursals. Profit after tax stood at ₹135 crore, up 58% sequentially and 165% year-on-year.
3 min read29 Oct 2025Its first mutual funds business, launched in 2019, ended up breaking away into a separate company called Zfunds, led by CEO Manish Kothari, who previously worked at Paisabazaar.
4 min read1 Aug 2025The deal, subject to regulatory approval, will mark Groww's entry into the wealth management segment
1 min read17 May 2025PB Fintech shares surged over 4% on May 16 after strong Q4 earnings for FY25, with a net profit of ₹171 crore and revenue from operations up 38% YoY to ₹1,508 crore. Brokerages maintained 'Buy' ratings, citing improved margins and growth in online insurance sales.
2 min read16 May 2025PB Healthcare, incorporated on 1 January, will use the proceeds to establish a 1,000-bed hospital network in the National Capital Region and accelerate product development and technological innovation.
3 min read8 May 2025