Fintech unicorn Pine Labs is reportedly gearing up to file its Draft Red Herring Prospectus (DRHP) with SEBI by the end of June, according to ET. The Noida-based company plans to raise ₹5,000–6,000 crore through its IPO, which is likely to hit the market later this year, depending on market conditions. The listing is expected to value the company between $4–5 billion, matching its last private valuation. Pine Labs offers merchant payment solutions and lending services.