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Peak XV to be top seller in Pine Labs IPO
Financial Express Kochi
|June 27, 2025
FINTECH FIRM PINE Labs's upcoming initial public offering (IPO) will see several of its investors and one co-founder partially exit their holdings, according to its draft red herring prospectus (DRHP) filed on Thursday.
FINTECH FIRM PINE Labs's upcoming initial public offering (IPO) will see several of its investors and one co-founder partially exit their holdings, according to its draft red herring prospectus (DRHP) filed on Thursday. The company plans to raise ₹2,600 crore through a fresh issue of shares, and in addition to the primary capital raise, a group of existing shareholders, including Peak XV, Temasek, Mastercard, PayPal, and others, are collectively offering to sell up to 147.8 million shares via the offer for sale (OFS) route.
Diese Geschichte stammt aus der June 27, 2025-Ausgabe von Financial Express Kochi.
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