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 […]
Online payments company Pine Labs has reported its first quarterly profit in the first three months of FY26, driven by a steady increase in operating revenues. As per the financials published in the prospectus filed on Friday, the company posted a net profit of Rs 4.8 crore in the June quarter of FY26. For FY25, […]
Online payments company Pine Labs has reported its first quarterly profit in the first three months of FY26, driven by a steady increase in operating revenues. As per the financials published in the prospectus filed on Friday, the company posted a net profit of Rs 4.8 crore in the June quarter of FY26. For FY25, […]
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 […]