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MUMBAI: Markets regulator Sebi has approved the IPO of Pine Labs, a document on its website showed on Monday. The updated DRHP is not yet public. Draft papers filed by the fintech earlier this year had showed that it is seeking to raise up to Rs 2,600 crore through fresh issue of shares. In all, Sebi approved six IPOs including that of Hero Motors and MTR Foods owner Orkla India.
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Source: Times of India
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