IPO News
, ET Bureau
Oyo parent PRISM extends deadline for bonus issue for equity shareholders
PRISM, the parent company of Oyo, has extended the deadline for its bonus issue. This move allows equity shareholders more time to select their preferred bonus option. The bonus issuance offers preference shares convertible into equity. This initiative aims to reward long-term investors and align their interests with PRISM's growth and upcoming listing journey.
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- Indian fintech firm Pine Labs pares IPO set to launch on November 7, Reuters
- Shadowfax files updated IPO papers to raise Rs 2,000 cr, ET Bureau
- Honasa went up, Lenskart could go anywhere: Deepak Shenoy says amid recent IPO buzz, ET Online
, Reuters
Indian fintech firm Pine Labs pares IPO set to launch on November 7
Pine Labs, an Indian fintech company, has reduced its initial public offering size. Existing investors will sell fewer shares, and the company will raise less new capital. The IPO is scheduled for November 7 to November 11. This move comes as India sees a busy primary market with several other tech firms also planning listings.
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