Tech
Pine Labs Gets SEBI Nod For Its Public Listing
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SUMMARY
The markets regulator issued observations to the fintech company on Thursday (September 11), as per the updates on SEBI website
Pine Lab’s IPO comprises a fresh issue of shares worth up to INR 2,600 Cr ($304 Mn) and an offer for sale (OFS) of up to 14.78 Cr shares
Mastercard, Peak XV Partners, Macritchie Investments, Paypal, Pine Labs cofounder Lokvir Kapoor, among others, plan to offload shares via the OFS
Fintech major Pine Labs
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