Pine Labs Ltd IPO Day 2 Subscriptions Status: Check Bidding Details

Summary of IPO:

Pine Labs Ltd IPO consists of an offer for sale of 1819.91 shares and a fresh issue of ₹2080.00. The IPO’s price band is ₹210 – ₹221 per share. The company’s shares will be listed on BSE, NSE on 14 Nov 25

The initial public offering of Pine Labs Ltd ended the second day with investors bidding 0.38 times the available shares. The retail investor portion of the IPO was subscribed 0.7673 times the available shares on offer. Retail investors have 18,127,735 / 97,893,739 (18.52%) shares of the total issue reserved for them.

At the end of bidding on day 2, the qualified institutional buyers 20,557,610 / 37,682,140 (54.56%) portion of the IPO got bids for 0.392 times the available shares on offer. The QIB portion includes insurance companies, domestic mutual funds, foreign institutional buyers, and other institutional investors.

The non institutional investors quota got bids for 0.0976 times the available quota of shares. This segment includes HNI and ultra HNI investors.

Here are the key details of Pine Labs Ltd IPO

Offer for sale: 1819.91 shares 

Fresh issue: 2080.00 

Price Band: ₹210 – ₹ 221 per share 

Bid open dates: 07 Nov 25 

Allotment date: 12 Nov 25 

Listing date: 14 Nov 25