The company that owns Policy Bazaar, PB Fintech Ltd, shares surged 5% on 6 June after a 0.73% stake changed hands on the exchanges via block deal. After a significant deal worth Rs 428.10 crore was completed on the exchanges on 6 June, shares of PB Fintech increased by more than 5% in the first…
Global private equity firm General Atlantic Singapore is likely to sell up to 6.8% equity in KFin Technologies at an estimated floor price of Rs 712.5 per share, which is a 4% discount. The total deal size, including the green shoe option, is 1.17 crore, moneycontrol.com reported, citing CNBC TV18. The base issue size is…
Shares of PNB Housing Finance dropped over 8% to the day’s low at Rs 724 in Wednesday’s trade on BSE following a large block deal in which 2.7% equity changed hands. The specific buyers and sellers involved in the transaction remain undisclosed. However, media reports suggest that Asia Opportunities V Mauritius and General Atlantic Singapore…
Mumbai: Apis Partners, Madison Capital and ROC Capital have sold a total of 41.3 million shares in the Star Health and Allied Insurance Company in a block deal on NSE on Thursday. These investors offloaded shares worth ₹2,210.5 crore at ₹535 apiece. Agencies Apis Partners held a 2.61% stake via Apis Growth 6, Madison Capital…
White Iris Investment, a subsidiary of Warburg Pincus, will sell a 3.5% stake in Apollo Tyres on Wednesday through a block deal to raise Rs 1,040 crore ($ 125 mn), said sources. The deal size is 2.24 crore shares. The block deal will likely happen at Rs 463.00 per equity share (3.97% discount to Rs…