Pine Labs Limited IPO
Pine Labs Limited was a mainboard IPO in the Financial Technology (Fintech) sector, offered at ₹210–₹221 per share to raise ₹3,900 crore. The issue was subscribed 2.46× overall (QIBs 4×, NIIs 0.3×, retail 1.22×). It listed on 14 Nov 2025 at ₹242 and closed its first day at ₹251, a listing gain of +13.5% versus the ₹221 issue price. It now trades around ₹153 (-30.7% versus the issue price).
Frequently asked questions
- How many times was the Pine Labs Limited IPO subscribed?
- The Pine Labs Limited IPO was subscribed 2.46× overall — 4× in the QIB category, 0.3× among non-institutional investors, 1.22× in retail.
- What were the Pine Labs Limited IPO listing gains?
- Pine Labs Limited listed on 14 Nov 2025 at ₹242, closing its first day at ₹251 — a listing gain of +13.5% versus the ₹221 issue price.
- What were the retail allotment odds for the Pine Labs Limited IPO?
- Retail was subscribed 1.22×, so a single-lot application had roughly a 82% chance of allotment — most applicants were allotted, and allotment was finalised on 12 Nov 2025.
- What was the price band and lot size of the Pine Labs Limited IPO?
- The price band was ₹210–₹221 per share, with a minimum lot of 67 shares (₹14,807 at the upper band).
- Who were the registrar and lead manager for the Pine Labs Limited IPO?
- KFin Technologies Limited was the registrar, and Axis Capital was the book-running lead manager.