The company has built India’s largest online platform for insurance and lending products leveraging the power of technology, data, and innovation. It provides convenient access to insurance, credit, and other financial products and aims to create awareness amongst Indian households about the financial impact of death, disease, and damage. Policybazaar was launched in 2008 to respond to Consumers’ need for more awareness and choose the best options for insurance available in the market. The company has been successful in building India’s largest online marketplace for insurance and lending products, leveraging the power of technology, data, and innovation. The company offers online research-based purchases of insurance and lending products. It further facilitates partners to innovate and design customized products for consumers by leveraging extensive data insights.
PB Fintech has two flagship products:
a) Policy Bazaar (100% subsidiary) – It basically caters to consumer demand for higher awareness, choice, and transparency towards the online sale of insurance products. It has thus evolved as India’s largest digital insurance marketplace, with market share of 93.4% (based on the number of policies sold); it constituted 65.3% of the digital insurance sales in India by volume as of FY20. It has partnered with ~51 insurers, and ~48m consumers have registered on its platform.
b) Paisabazaar (100% subsidiary) is the largest digital consumer credit marketplace, with market share of 51.4% on the basis of disbursals. It began its operations in FY14 with the goal to transform personal credit access by offering ease, convenience, and transparency in selecting a variety of consumer credit products. It is widely used to access credit scores, with ~21.5m consumers as of Mar’21. It has partnered with ~54 lenders across banks, NBFCs, and fintechs offering a wide choice of consumer credit products,such as personal loans, business loans, credit cards, home loans, and LAP.
a) Leading player in online insurance distribution
b) Policy Bazaar is synonymous with policy in India. So, go to platform for buying and selling insurance.
c) They recently got the broker approval from SEBI. Now, they can take corporate business as well.
a) Selling health insurance policy online is difficult as it involves the role of advisors to make understand the product features, what is covered, what is not covered etc.
b) Totally dependent upon the commission the companies are paying to them. In future, if they reduce the commission, the profitability might go down.
a) Premiums via online channel stand much Penetration levels remain the lowest for India across most segments lower at 1% for India v/s 5.5% for China and 13.3% for the US.
b) Increase of good telecommunication network and more smart phone users, have enabled consumers to book policies and loan online.
c) Total Gross Written Premium in General Life of FY20-21 stands ~2 Lakh Crores and with India GDP at ~200 Lakh Crores, the GWP/GDP size is just 1%, whereas global average is 2.8%. So, huge opportunity is available in Non-Life business and with greater penetration of telecom, more and more policies will be sold through digital mode.
The new D2C(Direct to Consumer) companies such as Go-Digit and Acko, they are investing heavily in Digitising insurance and underwriting. So, if more and more companies focussing on going digital first, competition will increase for PB Fintech.
How they have generated revenue in FY20-21?
Commission Income = 35%
Outsourcing Services = 52%
Rewards and Others = 12%
a) Consumer-friendly brands offering a wide choice, transparency, and convenience
b) Collaborative partner for Insurer and Lending Partners
c) Capital efficient model with low operating costs
|Total Available Shares:||200|
|Face Value:||₹ 2 Per Equity Share|
|Lot Size:||100 Shares|
|Current Unlisted Share Price:||₹ Best in Industry Per Equity Share|
|Particulars (in Cr.)||Mar-21||Mar-20||Mar-19|
|Employee Benefit Expenses||554||520||397|
|Advertisement and Marketing||367||445||345|
|Profit before tax||-141||-294||-337|
|No. of shares||40||40||40|
|EPS in Rs||-3.75||-7.60||-8.65|
Please find below the procedure for buying Policybazaar Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Policybazaar Unlisted Shares at UnlistedZone.
Lock-in period of Policybazaar Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Policybazaar Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Policybazaar Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
Taxes will remain the same irrespective of listing of shares, if bought in unlisted market. Actually, to be eligible for taxes as per listed market, one has to pay STT on buying and selling of shares. But, if you buy in unlisted and sell in listed market, one pay STT only on selling so, taxes of listed market will not be applicable
If you buy Policybazaar Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of Policybazaar Unlisted Shares Instantly?
The Policybazaar Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of Policybazaar Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their Policybazaar Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Policybazaar Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about Policybazaar Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.