Tencent likely to sell 2.1% stake in PB Fintech via block deal for Rs 1,610 crore: Report

August 28, 2024

The floor price for the issue is set at Rs 1,660.2 per share, a 4.4% discount to Wednesday’s closing price. Tencent, which held a 4.6% stake in the Policybazaar parent company as of June 30, 2024, is reportedly selling its stake.

More To Explore

Sebi imposes Rs 10 lakh fine on Anand Rathi for violation of stock brokers’ norms

India’s market regulator Sebi fined Anand Rathi Share and Stock Brokers ₹10 lakh after inspections found multiple regulatory violations, including delayed glitch reporting, excessive capacity

March 13, 2026

Innovision IPO sees subscription decline despite extension of bidding window

Innovision’s IPO saw weak investor response, with overall subscription around 30% even after extending the bidding period and lowering the price band. Retail and NII

March 13, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003