Major Block Deals Today: PB Fintech's ₹920 Crore Transaction and Delhivery's Massive Share Movement
The Indian stock market witnessed significant block deal activity on June 26, 2025, with several prominent companies seeing large-scale transactions. PB Fintech led the charge with a massive ₹920 crore deal, while Delhivery and MobiKwik also featured in major block transactions that caught investors' attention.
PB Fintech Records Substantial Block Deal Worth ₹920 Crore
The parent company of popular platforms Policybazaar and Paisabazaar saw one of the day's largest transactions. A total of 50.50 lakh shares, representing 1.10% of the company's equity, changed hands for ₹920 crore during the designated block deal window.
The shares were transacted at ₹1,821.50 per share, according to market reports. This significant movement comes as company co-founders Yashish Dahiya and Alok Bansal executed their planned divestment strategy.
Market sources had earlier indicated that the transaction was structured with a base price of ₹1,800 per share, offering buyers a discount of approximately 2.2% from the prevailing market price. The deal value of roughly $106 million represents a strategic move by the founding team.
Strong Financial Performance Backs Investor Interest
PB Fintech's recent financial results justify the sustained investor interest. For the quarter ended March 2025, the insurance aggregator delivered impressive numbers:
- Net profit surged 185% to ₹171 crore compared to ₹60 crore in the same period last year
- Revenue from operations grew 38% to ₹1,508 crore from ₹1,090 crore year-on-year
- Consolidated performance demonstrated the company's expanding market presence
Delhivery Witnesses Significant Share Transfer
The logistics giant also featured prominently in Thursday's block deal activity. Approximately 1.19 crore shares worth ₹461 crore traded hands at ₹388 per share through the block deal mechanism.
This substantial transaction indicates continued institutional interest in India's rapidly growing logistics and supply chain sector, with Delhivery being a key beneficiary of the e-commerce boom.
MobiKwik Prepares for Major Block Transaction
One MobiKwik Systems is set to witness significant block deal activity as Net1 Applied Technologies Netherlands BV, a subsidiary of South Africa's Net1 UEPS Technologies, plans to divest its complete 8% stake in the fintech company.
The timing of this potential transaction is noteworthy, considering MobiKwik's successful market debut. The company's initial public offering in December 2024 was a resounding success:
- IPO received overwhelming 119.38 times subscription by the final day
- ₹572 crore public issue attracted bids for 1,41,72,65,686 shares against 1,18,71,696 shares offered
- Retail investors showed remarkable enthusiasm with 134.67 times subscription
- Qualified institutional buyers subscribed 119.50 times their allocated portion
The IPO was priced in the range of ₹265-₹279 per share, and the strong market response reflected investor confidence in the digital payments and fintech sector.
Market Implications and Investor Sentiment
These block deals reflect several important market trends. Large-scale transactions often indicate institutional rebalancing or strategic exits by early investors and promoters. For retail investors, such movements can provide insights into institutional sentiment toward specific sectors.
The fintech and logistics sectors continue to attract significant investor attention, as evidenced by the substantial transaction volumes. PB Fintech's ₹920 crore deal particularly highlights the ongoing investor confidence in India's insurance technology space.
The presence of international investors like Net1 Technologies in MobiKwik's shareholding structure also demonstrates global confidence in India's digital payments ecosystem.
Looking Ahead
As these block deals conclude, market participants will closely monitor the stock price movements and trading patterns of the affected companies. The substantial volumes involved suggest that institutional investors remain actively engaged in reshaping their portfolios within India's growth sectors.
For individual investors, these developments serve as important market indicators, highlighting which sectors and companies continue to attract large-scale institutional interest and investment.
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