Pine Labs Cuts IPO Size to ₹3,900 Crore, Reserves Employee Shares at ₹21 Discount

Noida-based fintech company Pine Labs Ltd., backed by global players such as Peak XV Partners, Mastercard Inc., PayPal Inc. and Temasek Holdings, has announced a trimmed down initial public offering (IPO) ahead of its early November listing. The company has reduced the issue size to ₹3,900 crore and set the price band at ₹210-₹221 per … Continue reading Pine Labs Cuts IPO Size to ₹3,900 Crore, Reserves Employee Shares at ₹21 Discount