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6h agoPine Labs IPO trimmed as investors decide to sell less at price band
The Indian fintech firm Pine Labs has reduced the size of its upcoming initial public offering amid lower own-share sales, its CEO said in a recent interview. The company trimmed the stake offered by existing shareholders by 44 % and cut the fresh issue size by 20 %, setting a price band of ₹210–₹221 per share and targeting a valuation of roughly $2.9 billion at the top end. The public offer is scheduled from November 7 to November 11, joining a wave of tech-driven listings in India’s buoyant IPO market.
neutral
6h agoPine Labs IPO trimmed as investors decide to sell less at price band
The Indian fintech firm Pine Labs has reduced the size of its upcoming initial public offering amid lower own-share sales, its CEO said in a recent interview. The company trimmed the stake offered by existing shareholders by 44 % and cut the fresh issue size by 20 %, setting a price band of ₹210–₹221 per share and targeting a valuation of roughly $2.9 billion at the top end. The public offer is scheduled from November 7 to November 11, joining a wave of tech-driven listings in India’s buoyant IPO market.
neutral
Pine Labs IPO trimmed as investors decide to sell less at price band
about 7 hours ago
1 min read
90 words
Pine Labs has trimmed its IPO offer size and stake sale ahead of its November 7–11 launch amid a strong listing pipeline.
The Indian fintech firm Pine Labs has reduced the size of its upcoming initial public offering amid lower own-share sales, its CEO said in a recent interview. The company trimmed the stake offered by existing shareholders by 44 % and cut the fresh issue size by 20 %, setting a price band of ₹210–₹221 per share and targeting a valuation of roughly $2.9 billion at the top end. The public offer is scheduled from November 7 to November 11, joining a wave of tech-driven listings in India’s buoyant IPO market.
The Indian fintech firm Pine Labs has reduced the size of its upcoming initial public offering amid lower own-share sales, its CEO said in a recent interview. The company trimmed the stake offered by existing shareholders by 44 % and cut the fresh issue size by 20 %, setting a price band of ₹210–₹221 per share and targeting a valuation of roughly $2.9 billion at the top end. The public offer is scheduled from November 7 to November 11, joining a wave of tech-driven listings in India’s buoyant IPO market.
Companies:
Pine Labs
Tags:
ipo
india
ipo
india
fintech
primary_market
listings
Nov 3, 2025 • 20:26 IST