Actis trims Pine Labs stake to 3.72%, cashes out Rs 151.6 Cr in bulk deal
PE investor Actis sold 98.28 lakh shares (0.86%) in payment infrastructure firm Pine Labs at Rs 154.25 apiece, paring its holding from 4.58%. The exit comes as Pine Labs reported Q4 FY26 revenue of Rs 700.5 Cr (+17% YoY) and net profit of Rs 59.4 Cr, with market cap at Rs 17,534 Cr.
What happened
Actis sold a 0.86% stake in payment rail Pine Labs for Rs 151.6 crore via bulk deal at Rs 154.25/share, trimming its holding from 4.58%. Pine Labs posted Q4
Key facts
- 0.86% stake
- Rs 151.6 crore
- 98.28 lakh shares
- Rs 154.25/share
- 4.58% prior holding
- Q4 FY26 revenue Rs 700.5 Cr (+17% YoY)
- Net profit Rs 59.4 Cr
- Market cap Rs 17,534 Cr
Why this matters
The Rs 151.6 Cr block clears at a manageable discount, suggesting orderly secondary liquidity for fintech assets at ~25x earnings multiples.
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