India’s fintech major Pine Labs Limited trims IPO size ahead of November listing

Pine Labs trims IPO size to ₹20.8 billion amid investor stake reduction ahead of November listing.

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3 days ago

India’s fintech major Pine Labs Limited trims IPO size ahead of November listing

India’s fintech major Pine Labs Limited trims IPO size ahead of November listing
Pine Labs, the Indian payments and merchant-services company, has cut the size of its upcoming initial public offering scheduled 7-11 November 2025. The firm will raise about ₹20.8 billion (≈ $236.7 million), down from its earlier target of ₹26 billion, as existing investors such as PayPal Holdings, Inc. and Mastercard Incorporated reduce their stake sales. The move comes amid a busy IPO pipeline in India, and ahead of public listing on major exchanges.
Related:
Pine Labs sets price band at Rs 210-221 per share for Rs 3,900 crore IPO
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
neutral
3 days ago

India’s fintech major Pine Labs Limited trims IPO size ahead of November listing

India’s fintech major Pine Labs Limited trims IPO size ahead of November listing
Pine Labs, the Indian payments and merchant-services company, has cut the size of its upcoming initial public offering scheduled 7-11 November 2025. The firm will raise about ₹20.8 billion (≈ $236.7 million), down from its earlier target of ₹26 billion, as existing investors such as PayPal Holdings, Inc. and Mastercard Incorporated reduce their stake sales. The move comes amid a busy IPO pipeline in India, and ahead of public listing on major exchanges.
Related:
Pine Labs sets price band at Rs 210-221 per share for Rs 3,900 crore IPO
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
neutral

India’s fintech major Pine Labs Limited trims IPO size ahead of November listing

4 days ago
1 min read
73 words
India’s fintech major Pine Labs Limited trims IPO size ahead of November listing

Pine Labs trims IPO size to ₹20.8 billion amid investor stake reduction ahead of November listing.

Pine Labs, the Indian payments and merchant-services company, has cut the size of its upcoming initial public offering scheduled 7-11 November 2025. The firm will raise about ₹20.8 billion (≈ $236.7 million), down from its earlier target of ₹26 billion, as existing investors such as PayPal Holdings, Inc. and Mastercard Incorporated reduce their stake sales. The move comes amid a busy IPO pipeline in India, and ahead of public listing on major exchanges.
India’s fintech major Pine Labs Limited trims IPO size ahead of November listing
Pine Labs, the Indian payments and merchant-services company, has cut the size of its upcoming initial public offering scheduled 7-11 November 2025. The firm will raise about ₹20.8 billion (≈ $236.7 million), down from its earlier target of ₹26 billion, as existing investors such as PayPal Holdings, Inc. and Mastercard Incorporated reduce their stake sales. The move comes amid a busy IPO pipeline in India, and ahead of public listing on major exchanges.
Companies:
Pine Labs Limited
PayPal Holdings, Inc.
Mastercard Incorporated
Tags:
ipo
stocks
ipo
stocks
india
fintech
listing
Related:
Pine Labs sets price band at Rs 210-221 per share for Rs 3,900 crore IPO
Source: Reuters
By Harsh RanjanExplore:High Return Equity Mutual Fund
Nov 6, 2025 • 12:33 IST

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