Pine Labs IPO GMP Today: Ahead of this, the company raised Rs 1,754 crore from anchor investors, which saw participation from 71 funds, including Franklin Templeton, Nomura, BNP Paribas and Eastspring Investments.
Mumbai:
The initial public offering (IPO) of fintech firm Pine Labs is now open for public subscription. Ahead of this, the company raised Rs 1,754 crore from anchor investors, which saw participation from 71 funds, including Franklin Templeton, Nomura, BNP Paribas and Eastspring Investments. On the domestic front, SBI Mutual Fund (MF), Aditya Birla Sun Life MF, HSBC MF, Tata MF, Edelweiss MF and ICICI Prudential Life Insurance Company participated in the anchor book, according to a circular uploaded on BSE’s website.
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(This article is for informational purposes only and should not be construed as investment, financial, or other advice.)
