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13h agoPine Labs cuts IPO size ahead of its early-November listing
Indian fintech firm Pine Labs announced on 1 November 2025 that it will reduce the size of its upcoming initial public offering after existing shareholders opted to sell fewer shares than originally planned. The updated prospectus shows a 44% reduction in shares to be sold by insiders and a 20% reduction in new-issue size. The IPO is scheduled for 7-11 November 2025 and aims to raise around ₹2,080 crore. The move signals a more cautious approach amidst a busy IPO calendar and mixed investor sentiment in tech listings.
neutral
13h agoPine Labs cuts IPO size ahead of its early-November listing
Indian fintech firm Pine Labs announced on 1 November 2025 that it will reduce the size of its upcoming initial public offering after existing shareholders opted to sell fewer shares than originally planned. The updated prospectus shows a 44% reduction in shares to be sold by insiders and a 20% reduction in new-issue size. The IPO is scheduled for 7-11 November 2025 and aims to raise around ₹2,080 crore. The move signals a more cautious approach amidst a busy IPO calendar and mixed investor sentiment in tech listings.
neutral
Pine Labs cuts IPO size ahead of its early-November listing
about 13 hours ago
1 min read
88 words
Pine Labs has trimmed its IPO size by 44% for insider shares and 20% for new issue ahead of its 7-11 November listing.
Indian fintech firm Pine Labs announced on 1 November 2025 that it will reduce the size of its upcoming initial public offering after existing shareholders opted to sell fewer shares than originally planned. The updated prospectus shows a 44% reduction in shares to be sold by insiders and a 20% reduction in new-issue size. The IPO is scheduled for 7-11 November 2025 and aims to raise around ₹2,080 crore. The move signals a more cautious approach amidst a busy IPO calendar and mixed investor sentiment in tech listings.
Indian fintech firm Pine Labs announced on 1 November 2025 that it will reduce the size of its upcoming initial public offering after existing shareholders opted to sell fewer shares than originally planned. The updated prospectus shows a 44% reduction in shares to be sold by insiders and a 20% reduction in new-issue size. The IPO is scheduled for 7-11 November 2025 and aims to raise around ₹2,080 crore. The move signals a more cautious approach amidst a busy IPO calendar and mixed investor sentiment in tech listings.
Tags:
ipo
fintech
ipo
fintech
india
capital_markets
tech
Nov 5, 2025 • 07:00 IST
