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Pine Labs Prepares Up to $700M IPO in October After SEBI Approval
Pine Labs is set to launch its IPO in October after receiving SEBI approval, targeting up to $700 million (~₹5,800–6,700 cr). The fintech firm will use proceeds to expand overseas operations, invest in tech, and reduce debt. The issue includes fresh shares and promoter exits.
Companies:
- Pine Labs
Tags:
- Pine Labs
- Fintech
Reuters• By Sneha Pathak
Explore:Mutual Fund Themes
positive
Pine Labs Prepares Up to $700M IPO in October After SEBI Approval
Pine Labs is set to launch its IPO in October after receiving SEBI approval, targeting up to $700 million (~₹5,800–6,700 cr). The fintech firm will use proceeds to expand overseas operations, invest in tech, and reduce debt. The issue includes fresh shares and promoter exits.
Companies:
- Pine Labs
Tags:
- Pine Labs
- Fintech
Reuters• By Sneha Pathak
Explore:Mutual Fund Themes
1 min read
45 words
Fintech major Pine Labs eyes October IPO of $700M following SEBI clearance, with mixed fresh and OFS portion.
Pine Labs is set to launch its IPO in October after receiving SEBI approval, targeting up to $700 million (~₹5,800–6,700 cr). The fintech firm will use proceeds to expand overseas operations, invest in tech, and reduce debt. The issue includes fresh shares and promoter exits.
Pine Labs is set to launch its IPO in October after receiving SEBI approval, targeting up to $700 million (~₹5,800–6,700 cr). The fintech firm will use proceeds to expand overseas operations, invest in tech, and reduce debt. The issue includes fresh shares and promoter exits.
Companies:
- Pine Labs
Tags:
- Pine Labs
- Fintech
- Pine Labs
- Fintech
- IPO
- SEBI Approval
- Tech