The latest IPO on the radar – Fintech company Pine Labs is gearing up to launch its initial public offering (IPO) on November 7. The public issue, which combines both fresh equity and an offer for sale, will be available for subscription till November 11.

Ahead of its official opening, let’s take a look at the key details every investors need to know before applying –

Pine Lab IPO: Price band and lot size

The company has fixed the IPO price band between Rs 210-221 per share. Each share carries a face value of Rs 1.

Investors can bid for a minimum of 67 shares and in multiples of 67 thereafter.

Pine Labs IPO: Size and valuation of the issue

Through this public offering, the company is planning to raise a total of about Rs 3,900 crore at the upper end of the price band, valuing the

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