PB Fintech, the operator of online insurance aggregator Policybazaar, has fixed the price band for its initial public offering (IPO) at ₹940-980 per share. The offer will open for subscription on November 1 and close on November 3. It comprises a fresh issue of ₹3,750 crore and an offer-for-sale of ₹1959.72 crore by its existing shareholders and promoters.