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According to Sebi norms, listed companies have to ensure a minimum of 25% public shareholding in three years from the time of listing.
It raised the debt financing from Dutch development finance institution FMO.
Blackbuck will use the capital for expansion of its service offerings.
The latest round of funding values the small finance bank at Rs465 crore.
The latest round values BankBazaar at $300 million.
PNB is among the several state-owned banks that have planned to tap the capital markets.
In this pure secondary offering, Mahindra and Mahindra and PE firm Kedaara Capital will sell 9.66 million shares each.
The company intends to use funds for both organic and inorganic growth opportunities in the financial services business.
GIC Re IPO is looking to raise Rs11,372 crore ($1.7 billion) at the upper end of the price band of Rs855-912 per share.
As of closing of the second day of the public offering, the IEX IPO was subscribed 43%.