Pine Labs Ltd
Price Range
₹210 - ₹221
-
Min. Quantity
67 Shares
Closes on
11 November 2025
-
Min. investment
₹14,807
Pine Labs Ltd IPO Timeline
Pine Labs Limited was incorporated as Pine Labs Private Limited' at New Delhi, India as a private limited company, pursuant to a certificate of incorporation dated May 18, 1998 issued by the Registrar of Companies, Delhi and Haryana at New Delhi. Subsequently, Company was converted to a public limited company and the name was changed to Pine Labs Limited' via certificate dated June 6, 2025 issued by the RoC.
| Event | Date |
|---|---|
| Pine Labs Ltd IPO Opening Date | 7 November 2025 |
| Pine Labs Ltd IPO Closing Date | 11 November 2025 |
| Basis of Allotment | 12 November 2025 |
| Initiation of Refunds | 13 November 2025 |
| Credit of Shares to Demat | 13 November 2025 |
| Pine Labs Ltd IPO Listing Date | 14 November 2025 |
Pine Labs Ltd IPO Details
| Pine Labs Ltd IPO Date | 7 November 2025 to 11 November 2025 |
| Pine Labs Ltd IPO Face Value | ₹1 per share |
| Pine Labs Ltd IPO Price | ₹210 to ₹221 per share |
| Pine Labs Ltd IPO Lot Size | 67 |
| Issue Size | Shares of ₹1 (aggregating up to ₹3,809.32 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹2080 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹1,819.91 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters |
Pine Labs Ltd IPO Lot Size
The Pine Labs Ltd IPO lot size is 67 shares. A retail-individual investor can apply for up to 13 lots (871 shares or ₹1,92,491).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 67 | ₹14,807 |
| Maximum | 13 | 871 | ₹1,92,491 |
- Strengths
- Risks
- Opportunities
- Platform with proven scale and growth in operating profitability.
- Ecosystem which brings together merchants, consumer brands and enterprises, and financial institutions enabling commerce transactions and creating network effects.
- Deep partnerships with large merchants, consumer brands and enterprises, and financial institutions.
- Full stack, cloud-based flexible and scalable technology platform.
- Ability to consistently innovate new solutions and features.
- Experienced, professional management team with entrepreneurial leadership.
Company Financials
Pine Labs Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 7,902.61 | 1,375.83 | -187.18 |
| 03-2023 | 7,403.43 | 1,327.52 | -56.11 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment / prepayment, in full or in part, of certain borrowings availed of by the Company
- 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, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs,
- General corporate purposes
- 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
Pine Labs Ltd IPO Subscription Status (Bidding Detail)
The Pine Labs Ltd IPO is subscribed 0 times on 11 November 2025 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | - |
Pine Labs Ltd IPO Prospectus
Pine Labs Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE15B701018 |
| IPO Price | ₹0 |
| Face Value | ₹1 |
Company Contact Information
Unit No.408 4th Flr Time TowerMG Road DLF QE,Gurgaon-122002
Phone: +91 22 6986 3600
Email: cosecy@pinelabs.com
Website: www.pinelabs.com
Pine Labs Ltd IPO Registrar
Pine Labs Ltd IPO Lead Manager(s)
- Axis Capital Limited
- Morgan Stanley India Company Private Limited
- Citigroup Global Markets India Private Limited
- J.P. Morgan India Private Limited
- Jefferies India Private Limited
How to Check the Allotment Status of Pine Labs Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Pine Labs Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
FAQ
What is the issue size of Pine Labs Ltd IPO?
I have pre-applied for Pine Labs Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.