Pine Labs’ IPO worth Rs 3,900 crore opened for subscription on Friday. The offer, which closes on November 11, includes a fresh issue of Rs 2,080 crore and an offer for sale of Rs 1,820 crore. The company has set the price band at Rs 210-221 per share, with a gray market premium (GMP) of […]
Indian financial technology company Pine Labs has scaled back the size of its initial public offering as existing shareholders wanted to sell a smaller portion of their stake at the set price range, CEO Amrish Rau told Reuters in an interview.The company, which provides payment solutions such as point-of-sale terminals, cut the portion offered by […]
Indian fintech company Pine Labs has cut the size of its initial public offering, trimming the portion offered by existing investors by 44% and reducing the number of new shares issued to raise funds by 20%, an updated prospectus shows. The IPO, scheduled for November 7 to 11, follows a wave of listings on a […]
Indian fintech company Pine Labs has cut the size of its initial public offering, trimming the portion offered by existing investors by 44% and reducing the number of new shares issued to raise funds by 20%, an updated prospectus shows. The IPO, scheduled for November 7 to 11, follows a wave of listings on a […]