Pine Labs Limited is a leading fintech company providing merchant commerce, payment, and financial technology solutions across India and Southeast Asia.The company earns revenue through transaction-based and subscription-based models by offering digital payment solutions, prepaid cards,and merchant financing.Its technology enables merchants to accept payments across cards,UPI,wallets,and BNPL options both online and in-store.

Pine Labs, an Book Built Issue, amounting to â‚¹ 3,899.91 Crores. The issue is a combination of fresh issue of 9.41 Crore shares aggregating to ₹2,080.00 Crores and offer for sale of 8.23 Crore shares aggregating to ₹1,819.91 Crores. The subscription period for the Pine Labs IPO opens on November 7, 2025, and closes on November 11, 2025. The allotment is expected to be finalized on or about Wednesday, 12 November 2025, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Friday, 14 November 2025.

The Share Price Band of Pine Labs IPO is set at â‚¹ 210 to ₹ 221 per equity share. The Market Capitalisation of the Pine Labs at IPO price of ₹ 221 per equity share will be â‚¹ 25,376.65 Crores. The lot size of the IPO is 67 shares. Retail investors are required to invest a minimum of â‚¹ 14,807 (67 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (938 shares), amounting to â‚¹ 2,07,298

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 are the book running lead manager of the Pine Labs, while Kfin Technologies Ltd.is the registrar for the issue. 

Pine Labs Limited IPO GMP Today
The Grey Market Premium of Pine Labs IPO is expected to be â‚¹ 0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Pine Labs Limited IPO Live Subscription Status Today: Real-Time Update
As of 06:35 PM on 11 November, 2025, the Pine Labs IPO live subscription status shows that the IPO subscribed 0.73 times on its Final Day of subscription period. Check the Pine Labs IPO Live Subscription Status Today at NSE.

Pine Labs Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Pine Labs IPO allotment date is 12 Nov, 2025 Monday. Pine Labs IPO Allotment will be out on 12 Nov, 2025 and will be live on Registrar Website from the allotment date. Check Kfin Technologies Ltd.  Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Pine Labs Limited IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Pine Labs Limited IPO
Pine Labs to utilise the Net Proceeds towards the following objects: 
1. â‚¹ 5,320.00 Millions is required for Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company;
2. â‚¹ 600.00 Millions is required for Investment in certain of our Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding our presence outside India
3. â‚¹ 7,600.00 Millions is required for Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs, in the manner set forth below:
4. Balance for Funding inorganic growth through unidentified acquisitions and general corporate purposes.

Refer to Pine Labs Limited RHP for more details about the Company.