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Pine Labs Prepares Up to $700M IPO in October After SEBI Approval
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Fintech major Pine Labs eyes October IPO of $700M following SEBI clearance, with mixed fresh and OFS portion.
Pine Labs is set to launch its IPO in October after receiving SEBI approval, targeting up to $700 million (~₹5,800–6,700 cr). The fintech firm will use proceeds to expand overseas operations, invest in tech, and reduce debt. The issue includes fresh shares and promoter exits.