The Pine Labs IPO began on 07-November-2025. It will close on 11-November-2025. The Total IPO Size is 3,899.91 Crores. The company set its IPO price at 221 Rs Per Share.
There are three basic categories in Pine Labs IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors, and 3) Retail.
Pine Labs are technology company focused on digitizing commerce through digital payments and issuing solutions for merchants, consumer brands and enterprises, and financial institutions.
They offerings enable multiple workflows for merchants, including digital payments, smooth integration with billing systems, rewards and loyalty program management, affordability for their end consumers, value-added services such as dynamic currency conversion, and digitizing their stores through business software applications.
As of June 30, 2025, They had 988,304 merchants, 716 consumer brands and enterprises, and 177 financial institutions, who used our platforms to enable transactions quickly, securely and easily manage their business.
Pine Labs IPO Promoters
Pine Labs does not have an identifiable promoter.
Pine Labs IPO Date, Details & Price Band
The Pine Labs IPO Price Band, IPO Dates, Market lot and other details mentioned in the table below.
| IPO Opening Dates | 07-November-2025 |
| IPO Closing Dates | 11-November-2025 |
| Price | 210-221 Rs |
| Fresh Issue | 1,819.91 Cr |
| Offer for sale | 1,819.91 Cr |
| Total IPO size | 3,899.91 Cr |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
Pine Labs IPO Market Lot
The Pine Labs IPO minimum market lot is 67 shares with a 14,807 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 67 | 14,874 ₹ |
| Retail Maximum | 13 | 871 | 1,92,491₹ |
| S-HNI Minimum | 14 | 938 | 2,07,298 ₹ |
| S-HNI Maximum | 67 | 4,489 | 9,92,069 ₹ |
| B-HNI Minimum | 68 | 4,556 | 10,06,876 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Jun-25 | 10,904.32 | 653.08 | 4.79 |
| 31-Mar-25 | 10,715.74 | 2,327.09 | -145.49 |
| 31-Mar-24 | 9,648.56 | 5,609.87 | -341.90 |
| 31-Mar-23 | 9,363.21 | 1,690.44 | -265.15 |
Pine Labs IPO (Object of the Issue)
1. Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries,
2. Investment in certain of our Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding our presence outside India
3. Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs
4. General corporate purposes and unidentified inorganic acquisitions
Pine Labs IPO GMP & Grey Market Premium
The Pine Labs IPO GMP (Grey Market Premium) has started today. Check the Latest Pine Labs IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Pine Labs IPO Prospectus
The Pine Labs IPO Prospectus is Available on the NSE/BSE and SEBI websites, as well as on our Portal. Please click here to download the Pine Labs IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Pine Labs IPO Allotment Date & Details
| Allotment Date | 12-Nov-2025 |
| Initiation of refunds | 13-Nov-2025 |
| Transfer of shares to Demat accounts | 13-Nov-2025 |
| Listing Date | 14-Nov-2025 |
| Check Allotment Status | Click here |
Registrar of Pine Labs
KFin Technologies Limited
Selenium Tower-B, Plot No. 31 and 32,
Financial District Nanakramguda,
Serilingampally, Hyderabad – 500 032,
Telangana, India
Tel: +91 40 6716 2222/18003094001
E-mail: [email protected]
Website: www.kfintech.com
Investor Grievance ID: [email protected]
Contact Person: M. Murali Krishna
SEBI Registration No :INR000000221
Pine Labs Contact Details
Pine Labs Ltd.
Unit No. 408,
4th Floor, Time Tower,
MG Road, DLF QE
Gurgaon, Haryana, 122002
Phone: +91 22 6986 3600
Email: [email protected]
Website: http://www.pinelabs.com/
Pine Labs IPO Lead Managers
Jefferies India Private Limited
J.P. Morgan India Private Limited
Citigroup Global Markets India Private Limited
Morgan Stanley India Company Private Limited
Axis Capital Limited
