Pine Labs is mulling trimming its IPO size by 30% as exiting investors are looking to cut back on OFS component
The fintech major filed its DRHP in June for an IPO, which will comprise a fresh issue of shares worth INR 2,600 Cr and an OFS of up to 14.78 Cr shares
The Mumbai-based company received SEBI nod for its public listing last week
Fintech major Pine Labs is reportedly looking to raise $700 Mn (about INR 6,178.5 Cr) via its initial public offering (IPO) next…

![[CITYPNG.COM]White Google Play PlayStore Logo – 1500×1500](https://startupnews.fyi/wp-content/uploads/2025/08/CITYPNG.COMWhite-Google-Play-PlayStore-Logo-1500x1500-1-630x630.png)