Policy Bazaar IPO

Policybazaar is an Indian insurance aggregator and multinational financial technology company.

The company was founded in 2008 by Yashish Dahiya, Alok Bansal and Avaneesh Nirjar.

The company has set a price band of Rs 940-980 per share for the IPO.

PolicyBazaar IPO will open for subscriptions on November 1. The three-day IPO will conclude on November 3,

PolicyBazaar had a steady year of growth.

It has a market share of only 0.54% .

In FY 2018-19 _Total income was 529 Crores with Net loss of -347 Crores .

In FY 2019-20_ Total income was 856 Crores with Net Loss of -304 crores.

In FY 2020-21___ Total income was 957 Crores with Net loss of -150 crores .

The company's revenue is increasing year after year and its loss is also reducing which is a good sign .

The Future plan of the company is good , but at the present the fundamentals are not appealing . If we talk about number of policies they have sold then...

In FY 2019 they sold 3 Million policies

Then in FY 2021 they sold 7.2 Million policies .

Now there is a very good hype for its IPO and there is very high probability of listing gain just like Zomato !!!

Comments

The 50 30 20 Rule

Hello reader !! I hope you are doing well..! So what is 50-30-20 Rule ... Well it's a simple Rule which protects you from bankruptcy. In the past people didn't had any Rule for personal Finance so the people who were smart they saved the money for future and the one who weren't they just spends their hard earned money on unnecessary stuff's and ends up broke. In order to stay financial free we should follow this rule Here this 50_30_20 Rule helps you in order to achieve your financially Goal! Lets hop onto it! According to this Rule one's income is divided into three parts in the percentage of 50 ,30 and 20 ....where one should put 20 per cent of its income for savings and investments , 50 per cent for necessary/daily stuffs while 30 per cent for luxurious needs! Of course you can reduce the percentage of luxurious stuffs and add it to savings and investments! It totally depends upon you!

When to buy a stock ?

There are so many factors you should consider before buying a stock... In this article I will be telling you 7 Most important factors you should check before buying any stock. This 7 things will help you for selecting a stock for long term! So let's begin... 1.Business Model This is a most common thing you should know before investing in a company. You should understand the business model, what the company do and how it makes profits and will this company survive in recession and if yes then why or how? Ask yourself this kind of questions and if got the right answer's then good to go on second point. 2.Revenue Revenue of the company must be increasing year after year... You can check this by visiting any Financial website, one which I use is screener.in See human population is increasing year after year right? And it will of course continue increasing in future so the customers of the company also should inc...

Popular types of trading in stocks

First is Intraday trading , it is a form of speculation in securities in which a trader buys and sells a stock within the same trading day! Many great investor's don't support this type of trading... Benjamin Graham says in his book the intelligent investor that Intraday is quickest way to financial suicide ! Second type is BTST /STBT :: Means buy today and sell tomorrow ! And sell today and buy tomorrow.. These trading facilities of BTST and STBT help the customers benefit from short-term price volatility in the stocks. Third type is Short selling :: Short selling means you sell a stock first and then you buy it afterwards from your broker! Here the difference between the price is your profit/loss! For example if you sell a stock at 100 Rs and afterwards you buy it at 90 Rs from your broker so here you got profit of 10 Rs per stock! Fourth type is Swing trading ! :: In Swing trading you try to capture a Swing in the ...

The Source

Search This Blog