E

RATING

RECOMMENDATION

Neutral

  • ROFR Required
  • Available in Depository:

  • NSDL

  • CDSL

  • Available for Investment:

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      Strong Buy

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RATING

RECOMMENDATION

Neutral

Business Type

Fairly Valued

  • Policybazaar Dividends

Policybazaar Upcoming Dividends

No upcoming dividends are available.

Policybazaar Past Dividends

No past dividends are available.

  • Policybazaar Corporate Action

Policybazaar Upcoming Corporate Action

No upcoming corporate actions available.

Policybazaar Past Corporate Action

Corporate Action Corporate Action Description Ratio Date
Bonus Issue

Bonus issue in the ratio of 499 bonus Equity Shares for every 1 Equity Share held in our Company

1:499 June 28, 2021
Stock Splits

Pursuant to the shareholders’ resolution dated November 24, 2020, each equity share of the Company of face value of ₹10 each was split into five Equity Shares of ₹2 each

1:5 Nov. 24, 2020
  • Policybazaar Announcements

Policybazaar Upcoming Announcements

No Upcoming announcements available.

Policybazaar Past Announcements

Announcements Link Announced On
Updates
Info Edge arm Makesense Technologies to file fresh scheme of amalgamation after Policybazaar IPO
Link Sept. 25, 2021
Updates

Policybazaar has been registered as an insurance broker with IRDAI.

Download June 21, 2021
  • Policybazaar Legal Orders

Legal Orders Reference Announced On
Abhijit Mishra filed a public interest litigation on January 12, 2019 (“PIL”) against the RBI and the Central Board of Direct Taxation, before the Delhi High Court for protection of the interests and the privacy concerns of Indian citizens from alleged release of financial data of citizens to credit information companies, such as Paisabazaar, in the absence of any formal directions issued by any regulatory authority in India in this regard. By way of an order dated August 9, 2019 of the Delhi High Court, Paisabazaar was impleaded as a party to these proceedings. On November 19, 2019, Paisabazaar has filed its counter affidavit to the PIL. This matter is currently pending.
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- Jan. 12, 2019
IRDAI issued a show cause notice dated June 8, 2021(“Notice”) to Policybazaar in relation to alleged violations of the IRDAI (Insurance Web Aggregators) Regulations, 2017 (“Web Aggregators Regulations”) and the IRDAI (Insurance Advertisement and Disclosure) Regulations, 2000 (“Advertisement Regulations”). IRDAI had received complaints against Policybazaar alleging unethical practices by the Company, Policybazaar and Paisabazaar, and misrepresentation of income in their financial statements.
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- Jan. 9, 2019