IPO
Pine Labs sets price band, trims IPO size
By Startup Enthusiast ·
- Date
- Company
- Pine Labs
- What it does
- Smaller IPO, band set
- Kind
- IPO
- Amount
- ₹3,899.91 crore
- Stage
- Price band
What they do
In November 2025 Pine Labs cut its share sale to about ₹3,900 crore and fixed a price band of ₹210 to ₹221 per share
What happened
It would issue fresh shares worth ₹2,080 crore while backers sell 8.23 crore shares in an offer for sale
Why it matters
Sellers include Peak XV Partners, Madison India, Mastercard, PayPal and Actis
The details
- Price band was ₹210–221 per share.
- Fresh issue was ₹2,080 crore; 8.23 crore shares were for sale.
- The size was trimmed from earlier plans.
Investors
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