PB Fintech IPO Listing Date: Policybazaar shares are going to knock on Dalal Street today. According to stock market experts, the price of the public issue Today the Indian stock markets may have a ‘moderate’ opening of Rs 5,625 crore. He added that the listing of PB fintech shares may not be ‘buzzing’ and the public issue may get listed at a nominal or moderate premium of around 10 per cent to 15 per cent.
Speaking on PB Fintech Share Listing Benefits; Abhay Doshi, Founder, UnlistedArena.com, said, “PB Fintech’s IPO received moderate response from investors. The company is well positioned in its segment but aggressive pricing has alerted investors. Due to the first mover advantage, it has to be Should have had an upper hand over the growing competitors. Due to expensive pricing, the listing profit may not be significant but the possibility of 10 per cent to 15 per cent profit on listing cannot be ruled out.”
However, Ravi Singhal, Vice-Chairman, GCL Securities, said PB Fintech’s shares would start in the Indian bourse. from 1100 1244 per equity share range and said, “Public issue may not have fireworks like opening but it will give moderate premium to lucky bidders. PB Fintech may get listed in share range.” from 1100 1244. Hence, one can expect a listing profit of up to 25 per cent from the public issue against its price band from 940 980 per equity share.”
Speaking on PB Fintech IPO Listing Benefits; Manoj Dalmiya, Founder and Director, Proficient Equities Ltd. said, “We are expecting at least double digit listing gains from the public issue. Shares of PB Fintech may get listed around. The level of 1100 per share gives about 10 to 12 per cent listing advantage to lucky bidders who received PB Fintech shares through the allotment process.”
Ayush Aggarwal, Senior Research Analyst – Merchant Banking at Swastika Investmart Ltd said, “PB Fintech has received a good response from the market with 16.58x subscriber base. We expect to be listed among the stocks. from 1100 1150, which is 10 to 15 per cent higher than its price band.”
Ankur Saraswat, Research Analyst, Trustline Securities, said, “The revenue growth of PB Fintech Ltd is encouraging but not profitable, while stiff competition is the biggest concern for the company as rich valuations are curtailing its prospects. have hope. 60 or about 6 percent and listing price 1040 per share.”
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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