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15 Days Price Change

PolicyX Unlisted Share

₹50 0 | 0%

Market Cap ₹ 225Cr.

Current Price ₹ 50

Lot Size 20000

52W High ₹ 50

EPS 0.67

P/B 7.4

Face Value 1

Debt to Equity 0

Stock P/E 75

Book Value ₹ 6.8

Company

52W Low ₹ 50

Demat Account Both

ISIN INE0NS801015

Valuation

No. of Shares 4.5Cr.

PolicyX Unlisted Share Price

| |

Price

Overview Inc. Year: 2013Industry: Insurance

PolicyX.com is an insurance comparison website approved by IRDA, designed to help consumers compare, select, and purchase policies online. Established to offer expert guidance, it assists users in choosing health, life, and investment plans from leading insurance providers in India. With a team of over 300 professionals, PolicyX.com has built a strong reputation for offering reliable advice to millions of Indians each year. In the financial year 2020, the site attracted over 8.2 million visitors for their insurance needs, and more than 80% of their customers renew their policies annually. The company's vision is to become India's most trusted insurance portal. PolicyX.com provides instant quotes, honest advice, and competitive prices from top insurance companies. They have partnerships with over 24 insurers in India and use advanced algorithms to match users with the best plans for their needs, complete with live quotes, dynamic cash flow charts, videos, and infographics, all within seconds. Their mission is to help you find the perfect insurance plan at the right price.

PolicyX.com Insurance Web Aggregator Pvt Ltd's Unlisted Share Price are updated on our website on a daily basis, to stay updated with the share price you can visit our website every two days or register with us to get daily updates on WhatsApp.

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Research & News

Discussion Board

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Financial Data (in cr.)

FY23 FY24 FY25 YOY % FY25 CAGR % FY25
Net Sales 7.4 11.6 23 98.3 76.3
Total Income 7.6 11.7 23 96.6 74
Net Profit 0.1 1.8 3 66.7 447.7
Shareholder Funds 5.6 7.4 30.5 312.2 133.4
Total Assets 6.3 8.3 32.2 288 126.1
EPS 0.03 0.4 0.67 67.5

Financial Docs

Type Period/Date Document
Valuation Report 2024-03
Research Report 2024-03
Annual Report 2024-03

PolicyX Investment Thesis

Company Overview

PolicyX.com is an insurance comparison website approved by IRDA, designed to help consumers compare, select, and purchase policies online. Established to offer expert guidance, it assists users in choosing health, life, and investment plans from leading insurance providers in India.

With a team of over 300 professionals, PolicyX.com has built a strong reputation for offering reliable advice to millions of Indians each year. In the financial year 2020, the site attracted over 8.2 million visitors for their insurance needs, and more than 80% of their customers renew their policies annually. The company's vision is to become India's most trusted insurance portal.

PolicyX.com provides instant quotes, honest advice, and competitive prices from top insurance companies. They have partnerships with over 24 insurers in India and use advanced algorithms to match users with the best plans for their needs, complete with live quotes, dynamic cash flow charts, videos, and infographics, all within seconds. Their mission is to help you find the perfect insurance plan at the right price.

 

 

Business Segments

Life Insurance - Have 10+ Insurance parterns where they deals in Child plan, Pension Plan and ULIP Plans.

Health Insurance - Have 10+ Insurance parterns where they deals in Family health insurance, Critical Illness Insurance, Health Top-up Plan, Senior citizen Insurance and Individual Health Insurance.

Investement Plan - PolicX has started a new service in Investment Planning. This service helps people find the best investment plans that fit their needs. PolicX also helps people figure out the best ways to save money on taxes.

Long Term Insurance partners - 

 

Policyx Indore Branch - 2-acre state-of-the-art office construction.

 

 

Key Investment Highlights - 

Growing industry with huge untapped potential -  Insurance market to grow by a CAGR of 20%, digital channel being with the fastest. Insurance penetration as low as 4.2% in India. Digital-friendly young population (~55% of overall population) in India to drive consumption.

Management Team with Extensive Experience  - Founder CFA, FRM Qualified Charter holder, Pedigreed Founder having built up grounds up business from scratch, Management team with an average experience of 9+ years.

Strong focus on Technology - Inhouse tech capabilities, Customers buying directly from the website, No agent push to buy policies. Data disclosure directly from the customer - bypassing agent channel which is prone to fraud.

Growing and Profitable Business - Biggest Insurance Web Aggregator in India, Bootstrapped and profitable since inception, Web Aggregators - fastest growing distribution channel with a CAGR of ~52%, Company on track to register a growth rate of 33%.

Well Positioned Amongst Peers - Highest EBITDA Margin* of 11.1% amongst its competitors, Most Capital Efficient business among all the competitors (Revenue / Capital Raised ratio -3.7x).

Will PolicyX be the next leading online insurance Aggregator ?

 


Industry Overview

Will the insurance industry follow online market trend ?  

  • The online insurance market currently holds 5% of the total industry share, with projections suggesting it could easily reach 30% by 2030.
  • The insurance market is anticipated to 2x by the end of 2030, with the online segment projected to grow 10x.
  • The major target audience is the 24 - 35 age group.

It is expected that the insurance industry might follow the trend of other sectors that have successfully integrated online platforms into their business models. This could be due to various factors such as changing customer preferences, technological advancements, or the ongoing digital transformation across industries.


PolicyX Numbers -

PolicyX is anticipated to align with industry trends and is projected to experience a Compound Annual Growth Rate (CAGR) of 41% in health premiums, 42% in total premiums, and 50.14% in overall revenue.

Market Comaprables

Comparable Matrix Mcap. In Cr. Revenue FY25E Cr. PAT FY25E Cr. P/B P/E
PB 55,586.00 4,000.00 150.00 13.9x 370x
PX 225.00 23.00 3.00 9.8x 75x

How big is Policy Bazaar compared to PolicyX ?

Policy Bazar / PolicyX Mcap.  Revenue PAT
247x 173x 50x

PolicyX Unlisted Shares: FAQs

1. Is trading in PolicyX.com Insurance Web Aggregator Pvt Ltd's unlisted shares legal in India?

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like Sharescart.com.

2. Is unlisted shares regulated by SEBI?

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

3. Where can I get the best PolicyX.com Insurance Web Aggregator Pvt Ltd unlisted share price?

You will get the best price for PolicyX.com Insurance Web Aggregator Pvt Ltd and a hassle-free buying experience only on Sharescart.com platform.

4. How can I buy PolicyX.com Insurance Web Aggregator Pvt Ltd's unlisted shares?

PolicyX.com Insurance Web Aggregator Pvt Ltd's unlisted shares can be easily purchased at Sharescart.com by following a few easy steps. Given below are the steps involved in the buying of these shares:

Step 1 - Confirmation on the number of shares you want to purchase of PolicyX.com Insurance Web Aggregator Pvt Ltd at a trading price.

Step 2 - Submission of the necessary document like your Client Master Report. Certain additional documents will also be asked for by our representative if required such as a cancelled cheque and your PAN Card if you are paying from a secondary bank account which is not mentioned in your CMR.

Step 3 - The Sharescart.com representative will share the account details so that you can transfer the trade amount into the account.

Step 4 - The shares of PolicyX.com Insurance Web Aggregator Pvt Ltd will reflect in your Demat account within 24 hours as soon as the payment is received and depending on the holidays. Our details would be available to you before the transfer.

5. How can I sell PolicyX.com Insurance Web Aggregator Pvt Ltd unlisted shares?

PolicyX.com Insurance Web Aggregator Pvt Ltd's unlisted shares can be easily sold at Sharescart.com by following a few easy steps. Given below are the steps involved in the of selling of these shares:

Step 1- Confirmation on the number of shares you want to sell of PolicyX.com Insurance Web Aggregator Pvt Ltd and at what price you want to sell.

Step 2- At Sharescart, we will find a suitable buyer for you according to your requirements and if you accept the trade we will move on to the transfer and the payment aspect of the trade.

Step 3- The Sharescart representative will provide you with the Demat account details to transfer your PolicyX.com Insurance Web Aggregator Pvt Ltd shares. They will also notify you about the additional details required from your end before the transfer of shares such as client master copy, delivery instruction slip, and more.

Step 4- Once the transfer is complete, the payment would be credited to your bank account within 24 hours, depending on the holidays.

6. What is the minimum ticket size for investment in PolicyX.com Insurance Web Aggregator Pvt Ltd unlisted shares?

Over the years the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for PolicyX.com Insurance Web Aggregator Pvt Ltd is between 30K to 50K.

7. How to check if PolicyX.com Insurance Web Aggregator Pvt Ltd shares are credited to my account?

Brokers or dealers provide you with a trading facility means you can buy and sell shares with your broker but when you buy shares the Depository holds your shares. There are mainly two depositories NSDL and CDSL.

If you want to check your shares in NSDL and CDSL you need to download the application (NSDL Speede App or CDSL myeasi).

  • You need to download the Application.
  • Login or Register yourself.
  • Fill in your DP Id and Client Id (NSDL DP Id starts with IN and CDSL DP & Client Id in numeric).
  • After registration, log on to your account and go to Dashboard.
  • You can see all your holding (Listed, Unlisted, Mutual Fund) there.

8. What will be the tax bearing on PolicyX.com Insurance Web Aggregator Pvt Ltd?

The taxation on the PolicyX.com Insurance Web Aggregator Pvt Ltd shares may vary depending on 2 Factors:

  • Short-term capital or long-term capital.
  • Pre-IPO stage (unlisted shares) or Post-IPO stage (listed shares)

Short-term capital

Unlisted shares - In unlisted shares, the taxation of short-term capital gain i.e. less than 24 months is taxable according to the investor's income tax slab.

Listed Shares - In listed shares, the taxation for short-term capital gains i.e. less than 12 months is at 15%

Long-term capital

Unlisted shares - The taxation for long-term capital gain i.e. more than 24 months is taxable at 20% with indexation benefits.

Listed Shares - The taxation for long-term capital gains i.e. more than 12 months is at 10% after an exemption of 1 lakh. There are no indexation benefits in listed shares.

9. What is the lock-in period of PolicyX.com Insurance Web Aggregator Pvt Ltd shares?

According to the current rule issued by SEBI last year in August 2021, the lock-in period is brought down from 1 year to 6 months. This was done to entice more investors to invest their money in pre-IPO companies and startups. The lock-in period of PolicyX.com Insurance Web Aggregator Pvt Ltd varies depending on which type of investor you are:

  • Foreign Venture Capital Investor - These investors have a lock-in period of 6 months from the procurement date of PolicyX.com Insurance Web Aggregator Pvt Ltd shares.
  • Alternative Investment Funds II - These investors don't have to serve any lock-in period.
  • Other investors - These investors include body corporate, retail, high net-worth individuals. The lock-in period for them is 6 months from the date of listing of PolicyX.com Insurance Web Aggregator Pvt Ltd enlisted shares.

10. How to check PolicyX.com Insurance Web Aggregator Pvt Ltd unlisted share price daily?

You can check daily share prices of companies on our website or register with us using your phone number where you will get daily whatsapp updates on company news and other essential informations.

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