India's PB Fintech IPO closes with 17 times subscription on final day

India's PB Fintech IPO closes with 17 times subscription on final day

Yashish Dahiya, co-founder and CEO of Policybazaar. Photo: Mint

The initial public offering (IPO) of PB Fintech Ltd, parent of online financial service providers Policybazaar and Paisabazaar, closed on Wednesday, with a subscription of 17 times.