Please find enclosed the Monitoring Agency Report for the quarter ended March 31, 2026
POLICYBZR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICICI Bank Limited, the monitoring agency for PB Fintech's IPO (November 2021, ₹36,097.15 million), has submitted its Q4 FY2026 report confirming no deviation from stated objects of the offer. Of the total ₹36,126.85 million (including minor adjustments), ₹33,915.57 million has been utilized cumulatively, with ₹2,211.28 million deployed during this quarter. In Q4, the company utilized ₹1,902.04 million through its subsidiaries Policybazaar Insurance Brokers and Paisabazaar Marketing for consumer growth initiatives, and made an overseas equity investment of ₹309.21 million in Genesis Group Limited via its wholly-owned subsidiary for international expansion. The brand visibility budget (₹15,000 million), general corporate purposes (₹7,626.85 million), and international expansion funds are now fully deployed or nearing completion.
The clean monitoring report with zero deviation and full utilization of IPO funds is a positive signal for investors, confirming the company deployed ₹3,610 crore IPO proceeds as committed in the offer document.