FintechPre-market
Pine Labs IPO opens for subscription on November 7
pre-market1 source ↓written by the desknot a recommendation
- through a combination
- ₹2,080 crore
- for sale
- 82,348,779 shares
Pine Labs is set to launch its IPO on November 7 and will remain open until November 11, 2025. The fintech firm aims to raise ₹2,080 crore through a combination of fresh shares and an offer for sale of 82,348,779 shares. Allotment is expected by November 12, with listing on November 14.
Traders should note the absence of a price band announcement, which may impact subscription decisions. Key underwriters include Axis Capital and Morgan Stanley India.
Not investment advice. For informational purposes only.