Price Band Set At INR 210-221

Share via:


SUMMARY

At the upper end of the price band, the IPO values Pine Labs at INR 25,377 Cr (about $2.9 Bn)

Pine Labs INR 3,900 Cr IPO would comprise a fresh issue of INR 2,080 Cr, with the remaining amount being OFS

The company’s P/E ratio at INR 221 price stands at 152.41 on the basis of its diluted earnings per share for FY25

Fintech major Pine Labs has set a price band of INR 210 to INR 221 for its initial public offering (IPO), which is set to open on Friday (November 7).

At the upper end of the price band, the IPO values…



Source link

Disclaimer

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.

Popular

More Like this

Price Band Set At INR 210-221


SUMMARY

At the upper end of the price band, the IPO values Pine Labs at INR 25,377 Cr (about $2.9 Bn)

Pine Labs INR 3,900 Cr IPO would comprise a fresh issue of INR 2,080 Cr, with the remaining amount being OFS

The company’s P/E ratio at INR 221 price stands at 152.41 on the basis of its diluted earnings per share for FY25

Fintech major Pine Labs has set a price band of INR 210 to INR 221 for its initial public offering (IPO), which is set to open on Friday (November 7).

At the upper end of the price band, the IPO values…



Source link

Disclaimer

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Can AI force a rethink on cybersecurity hiring?

A new study by Stanford University researchers shows...

Apple facing regulatory scrutiny in Switzerland over iPhone NFC...

Apple is facing antitrust scrutiny in Switzerland over...

5 Biggest games coming in 2026: GTA VI, Resident...

2026 is shaping up to be a landmark...

Popular