Policybazaar IPO minted 70 millionaires, 350 crorepatis: Yashish Dahiya

PB fintech, which operates online insurance broker Policybazaar and loan marketplace Paisabazaar, was listed on the bourses on Monday. The company’s shares closed at Rs 1,202.90 at the end of the day on BSE — rising 23 per cent higher than the issue price of Rs 940-980 and hitting a market capitalisation of Rs 50,000 crores. Policybazaar Founder and Chairman Yashish Dahiya spoke to Deepsekhar Choudhury about how the listing will benefit employees, what his parents feel about the IPO, hitting profitability and more. Edited excerpts:

The flavour of the IPO season is how many employees became millionaires via ESOPs. Do you have a figure in mind?