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The company allotted 7.93 Cr equity shares to 71 anchor investors, including SBI, Nomura India, HSBC, ICICI Prudential, among others
Of the 7.93 Cr shares, 3.75 Cr shares (or 47.26% of the total allocation) were allocated to 12 domestic mutual funds through a total of 30 schemes
Pine Labs’ IPO will comprise a fresh issue of up to INR 2,080 Cr and an OFS component of up to 8.23 Cr shares
Ahead of the commencement of bidding for its public issue today, fintech major
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
The company allotted 7.93 Cr equity shares to 71 anchor investors, including SBI, Nomura India, HSBC, ICICI Prudential, among others
Of the 7.93 Cr shares, 3.75 Cr shares (or 47.26% of the total allocation) were allocated to 12 domestic mutual funds through a total of 30 schemes
Pine Labs’ IPO will comprise a fresh issue of up to INR 2,080 Cr and an OFS component of up to 8.23 Cr shares
Ahead of the commencement of bidding for its public issue today, fintech major
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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