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Peak XV to be top seller in Pine Labs IPO
Financial Express Pune
|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.
Bu hikaye Financial Express Pune dergisinin June 27, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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