Pine Labs IPO open date is November 7, 2025, and the closing date is November 11, 2025. This new IPO is a book-built issue worth Rs 3,899.91 crore. This upcoming IPO consists of a fresh issue of Rs 2,080 crore and an offer for sale of Rs 1,819.91 crore.
Pine Labs IPO price band is Rs 210 to Rs 221 per share. As of November 6, 2025, the Pine Labs IPO GMP Live quotation is at Rs 17 (+7.69%) per share. Live IPO Grey Market Premium details will be available online. However, the Pine Labs IPO DRHP was filed with SEBI on June 25, 2024 you can read company’s DRHP here.
Pine Labs IPO allotment status is available on November 12, 2025. Pine Labs IPO lot size is 67 shares. The minimum investment for retail investors for 1 lot is Rs 14,807. The registrar for the Pine Labs IPO is Kfin Technologies Ltd. Pine Labs IPO listing date is November 14, 2025.
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Pine Labs IPO GMP
Pine Labs IPO GMP is Rs 17 (+7.69%) per share as on November 6, 2025. The IPO GMP today indicates the interest of retail investors in the IPO. You can check the latest IPO Grey Market Premium online from the first day of subscription. If the subscription is oversubscribed, then Pine Labs IPO GMP might rise.
Pine Labs IPO Open Date, Close Date
Pine Labs IPO open date is November 7, 2025, and the IPO close date is November 11, 2025. The initiation of the refund date is November 13, 2025, and the credit of shares will be on November 13, 2025.
Pine Labs IPO Price Band
Pine Labs IPO price band is Rs 210 to Rs 221 per share. The minimum amount of investment for the retail category is Rs 14,807, and for small HNI, the minimum investment is Rs 2,07,298. The minimum investment for the Big HNI is Rs 10,06,876.
Pine Labs IPO Issue Size
Pine Labs IPO is a book-built issue worth Rs 3,899.91 crore. The issue comprises a fresh issue of Rs 2,080 crore and an offer for sale of Rs 1,819.91 crore.
Pine Labs IPO Allotment Status
Pine Labs IPO allotment status will be available on November 12, 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Ltd. Investors can check their allotment status after the subscription of the IPO ends.
Pine Labs IPO Listing Date
Pine Labs IPO listing date is November 14, 2025. The listing will be on the BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.
Pine Labs IPO: Listing Date, Lot Size, Price Band
|
IPO Date |
Nov 7, 2025 to No 11, 2025 |
|
Listing Date |
November 14, 2025 |
|
Face Value |
Re 1 per share |
|
Issue Price Band |
Rs 210 to Rs 221 per share |
|
Lot Size |
67 Shares |
|
Total Issue Size |
17,64,66,426 shares (aggregating up to Rs 3,899.91 Cr) |
|
Offer for Sale |
9,41,17,647 shares (aggregating up to Rs 2,080.00 Cr) |
|
Fresh Issue |
8,23,48,779 shares of Re 1 (aggregating up to Rs 1,819.91 Cr) |
|
Issue Type |
Book-built IPO |
|
Listing At |
BSE, NSE |
|
Share Holding Pre-Issue |
1,05,41,46,853 shares |
|
Share Holding Post Issue |
1,14,82,64,500 shares |
Pine Labs Limited: About the Company

Pine Labs Limited, founded in 1998, is a leading merchant commerce and fintech platform that provides digital payment solutions, point-of-sale (POS) devices, merchant financing, and online payment infrastructure for merchants and financial institutions in India and overseas. The company serves over 9 lakh merchants as of December 31, 2024, and processed a gross transaction value (GTV) of Rs 6,084 billion across 3.44 billion transactions in FY 2024. Pine Labs operates subsidiaries such as Qwikcilver and Plural and offers comprehensive merchant solutions including loyalty, BNPL, and financing products to enhance merchant efficiency and consumer experience.
Pine Labs IPO Objectives
The company plans to use the net proceeds for repayment or prepayment of borrowings, investment in subsidiaries such as Qwikcilver Singapore, Pine Payment Solutions Malaysia, and Pine Labs UAE to expand overseas operations, investment in technology development and cloud infrastructure, and for general corporate purposes including inorganic acquisitions.
Pine Labs IPO: Key Dates, Allotment, Listing Date
|
IPO Open Date |
Nov 7, 2025 |
|
IPO Close Date |
Nov 11, 2025 |
|
Allotment Status |
Nov 12, 2025 |
|
Initiation of Refunds |
Nov 13, 2025 |
|
Credit of Shares to Demat |
Nov 13, 2025 |
|
Listing Date |
Nov 14, 2025 |
|
Cut-off time for UPI mandate |
5 PM Nov 11, 2025 |
Pine Labs Financials (Amt in Rs Cr)
|
Period Ended |
30 Jun 2025 |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Assets |
10,904.32 |
10,715.74 |
9,648.56 |
9,363.21 |
|
Total Income |
653.08 |
2,327.09 |
1,824.16 |
1,690.44 |
|
Profit After Tax |
4.79 |
-145.49 |
-341.90 |
-265.15 |
|
EBITDA |
120.56 |
356.72 |
158.20 |
196.80 |
|
NET Worth |
2,327.55 |
-2,244.27 |
-2,035.24 |
-1,764.77 |
|
Total Borrowing |
888.74 |
829.49 |
532.92 |
329.51 |
Pine Labs IPO Lot Size Details
Pine Labs IPO lot size is 67 shares. The minimum amount of investment for the retail category is Rs 14,807, and for small HNI the minimum investment is Rs 2,07,298.
Pine Labs IPO Promoter Holdings
The promoters of Pine Labs Limited include employees and institutional investors such as Peak XV Partners (Sequoia Capital India) and Temasek Holdings. The company is professionally managed with no identified promoter group post listing.
Pine Labs IPO Registrar
Pine Labs IPO registrar is Kfin Technologies Ltd. On the date of allotment, investors can visit the registrar’s website, select the name of the company, and enter their PAN number or application ID to check their allotment status.
How to Apply to the Pine Labs IPO
Interested investors can apply to the Pine Labs IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPOs in Bigul.
Pine Labs IPO FAQ
1. What are the details of the Pine Labs IPO?
Pine Labs IPO is a book-built issue worth Rs 3,899.91 crore, comprising a fresh issue of Rs 2,080 crore and an offer for sale of Rs 1,819.91 crore.
2. When will the Pine Labs IPO open and close?
Pine Labs IPO open date is November 7, 2025, and the IPO close date is November 11, 2025. The initiation of the refund date is November 13, 2025, and the credit of shares will be on November 13, 2025.
3. What is Pine Labs IPO GMP?
Pine Labs IPO GMP quotation is at Rs 17 (+7.69%) per share as on November 6, 2025. You can check the latest GMP price online once the subscription starts. If the subscription is oversubscribed, then Pine Labs IPO GMP will also rise.
4. Write the details of the IPO Allotment Status.
Pine Labs IPO allotment status is available on November 12, 2025. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Kfin Technologies Ltd. Investors can check their allotment status after the subscription ends.
5. Who is the registrar and the lead managers for Pine Labs IPO?
The registrar is Kfin Technologies Ltd. The lead managers for the Pine Labs IPO are Axis Capital Ltd, Morgan Stanley India Co Pvt Ltd, Citigroup Global Markets India Pvt Ltd, JP Morgan India Pvt Ltd and Jefferies India Pvt Ltd.
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