Pine Labs Ltd IPO
Price Range
₹210 - ₹221
-
Min. Quantity
67 Shares
Closes on
11 November 2025
-
Min. investment
₹14,807
Pine Labs Ltd IPO Timeline
| 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 ₹3,899.91 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 | Not more than 5,24,42,127 of the Net Offer |
| Retail Shares Offered | Not less than 1,81,27,735 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 2,71,91,602 of the Net Offer |
| 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 |
|---|---|---|---|
| 03-2025 | 9,048.38 | 1,695.18 | 43.54 |
| 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 2.46 times on 11 November 2025 05:00:00 PM. The public issue subscribed 1.2008 times in the retail category, 4.0005 times in the QIB category, and 0.2945 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 4.0005 | 0.2945 | 1.2008 | 7.2012 | 2.46 |
Pine Labs Ltd IPO Prospectus
Pine Labs Ltd IPO Listing Date
| BSE Script | 544606 |
| NSE Symbol | PINELABS |
| Listing In | BSE, NSE |
| ISIN | INE15B701018 |
| IPO Price | ₹221 |
| 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.
About Pine Labs Ltd IPO
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.
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.