Pine Labs, the Indian merchant payments platform, secured approximately ₹1,753 crore from anchor investors ahead of its initial public offering (IPO). The company allotted around 7.9 million (79 lakh) shares at ₹221 per share, the upper end of its price band. Anchor participation included over 70 institutional investors such as domestic mutual funds among them … Continue reading Pine Labs Raises ₹1,753 Crore From Anchor Investors Ahead of ₹3,900 Crore IPO