Pine Labs IPO
Historical offer record. This offer is closed for applications. Prices and subscriptions describe the past offer; GMP observations are unofficial past records, not current quotes or listing predictions.
Data provider: FinAPI. This is a third-party summary, not an official prospectus. Read our data limitations and editorial policy.
No GMP observations are available for this historical offer record. No premium or listing-gain estimate is shown.
Price band
₹210 – ₹221
Lot size
67 shares
Offer application amount
₹14,807
Issue size
₹3899.91 Cr
Historical offer amount for 1 lot at the upper issue price. Confirm the lot size and application terms in the issuer prospectus.
Reported IPO schedule
| Open date | 7 Nov 2025 |
| Close date | 11 Nov 2025 |
| Allotment finalisation | 12 Nov 2025 |
| Refund initiation | 13 Nov 2025 |
| Shares credited to demat | 13 Nov 2025 |
| Reported listing date | 14 Nov 2025 |
Issue size
About Pine Labs
Incorporated in 1998, Pine Labs is one of the growing Indian merchant commerce companies that offers point-of-sale (POS) solutions, payment processing, and merchant financing services. Its headquarters are situated in Noida, India, the company supports businesses of all sizes that including small to large businesses, with digital payment technologies and services. The company’s portfolio consists of a wide range of offerings such as Smart POS Devices, Buy Now Pay Later (BNPL), Merchant Financing, Loyalty and Gift Solutions, and E-commerce and Online Payment Tools. The company includes 915,731 merchants as of December 31, 2024, serving major consumer brands such as Amazon Pay, LG Electronics, Flipkart Internet Private Limited, and Redington. Moreover, HDFC Bank, Axis Bank, and ICICI Bank are the key customers of the company. The company started its business to grow from just a card payment service provider into a full fintech platform serving India to become a digital and cash-free shopping system.
Company summary supplied by FinAPI. Read the prospectus for the issuer's disclosures and audited financials.
Use of proceeds
| Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries, | ₹870 |
| Investment in certain of our Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding our presence outside India | ₹60 |
| Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs | ₹760 |
Offer documents and primary references
Read the issuer's offer document and any corrigenda for the full disclosures. A third-party details page is a summary; SEBI filing access does not imply an endorsement of the offer or this website.
IPO information is sourced from public feeds and shown for general information only. It is not a recommendation to apply for this or any IPO. IPOs are equity investments and carry market risk; listing gains are not guaranteed and SME IPOs are especially volatile. Grey Market Premium (GMP) is unofficial and not endorsed by SEBI or the exchanges. Equity IPOs are applied for through a demat and trading account, not through mutual fund distribution services. Read the RHP and consult a SEBI-registered investment adviser before investing.