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Pine Labs Ltd

Registered Office : Unit No.408 4th Flr Time Tower,MG Road DLF QE,Gurgaon Haryana 122002 Phone : +91 22 6986 3600
Fax :

Email : cosecy@pinelabs.com

Website : www.pinelabs.com

Initial public offering of up to [*] equity shares of face value of Re. 1/- each ("Equity Shares") of Pine Labs Limited ("the Company" or "the Company") for cash at a price of Rs. [*] per equity share (including a Share Premium of Rs. [*] per Equity Share) ("Offer Price") aggregating up to Rs. [*] crores comprising a fresh issue of up to [*] equity shares of face value of Re. 1/- each aggregating up to Rs. 2600.00 crores by the company ("Fresh Issue") and an offer for sale of up to 147,822,225 equity shares of face value of Re. 1/- each aggregating up to Rs. [*] crores ("Offered Shares") by the selling shareholders. The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities aggregating up to Rs. 520.00 crores, as may be permitted under applicable law, prior to filing of the ("pre-ipo placement"). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). The offer includes a reservation of up to [*] equity shares of face value of Re. 1/- each, aggregating up to Rs. [*] crores (Constituting up to [*]% of the post-offer paid-up equity share capital), for subscription by eligible employees (As Defined Hereinafter) ("Employee Reservation Portion"). The company, in consultation with the brlms, may offer a discount of up to [*]% of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively. The face value of the equity shares is Re. 1/- each. the offer price is [*] times the face value of the equity shares. The price band, employee discount and the minimum bid lot will be decided by the company.

Issue

Opens On

Closes On

01-Jan-1970

Money Payable On

Application

Allotment

0.00

Minimum Application for shares in Nos : 0.0 Further Multiples of : 0.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

0.00

Axis Capital Limited

Citigroup Global Markets India Private Limited

J.P. Morgan India Private Limited

Jefferies India Private Limited

Morgan Stanley India Company Private Limited

Projects

Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries, in the manner set forth below:-Company

Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries, in the manner set forth below:-Synergistic

Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries, in the manner set forth below:-Cashless Technologies

Investment in certain of our Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding our presence outside India

Investment in IT assets and expenditure towards cloud infrastructure

Expenditure towards procurement of DCPs

Expenditure towards technology development initiatives

General corporate purposes and unidentified inorganic acquisitions

Promoted By

Listing At

Registrar to the Issue

KFin Techologies Ltd