bearish

Pine Labs

Pine Labs IPO - RHP Updates and Thoughts on Valuation

314 Views07 Nov 2025 12:58
Pine Labs is now looking to raise up to US$450m in its upcoming India IPO. In this note, we talk about the RHP updates and valuations.
What is covered in the Full Insight:
  • Introduction to Pine Labs IPO
  • RHP Updates
  • GTV and Revenue Growth Analysis
  • Profitability and Financial Metrics
  • Peer Comparison and Valuation Thoughts
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