PB Fintech, the parent company of Policybazaar, made a good stock market debut, with shares listed at Rs 1,150, a 17 per cent premium over its issue price of Rs 980 per share on the BSE. Post listing, the stock moved higher to Rs 1,194.95, a 22 per cent premium to its issue price.
At 10:02 am; PB Fintech was trading at Rs 1,185, up 3 per cent from its opening level on the BSE. In comparison, the S&P BSE Sensex was up 0.40 per cent at 60,928. Around 468,000 equity shares changed hands at the counter on the NSE and BSE.