Do you have more details of the proposed IPO by Policybazaar that was announced on 21 July?

PB Fintech, the parent company of Policybazaar.com, has file the DRHP with SEBI for a proposed Rs.6,500 crore IPO. The IPO is expected to be a combination of a fresh issue and an offer for sale. Clearly, Policybazaar wants to ride smart on the enthusiasm and interest created by digital IPOs like Zomato and the forthcoming Paytm IPO. More details of the IPO are awaited. Softbank and Tiger Global are investors in the company.