Pine Labs IPO GMP: Day 3 IPO Live Updates

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The Pine Labs IPO GMP is ₹0 as of 11th November 2025. It is a book-building IPO of ₹3,899.91 crore, comprising a fresh issue of 9.41 crore shares, and an offer for sale of 8.23 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 14th November 2025. The face value of Pine Labs shares is ₹1 per share, and the IPO price band is set at ₹210 to ₹221 per share. Retail investors can bid for a minimum of 1 lot of 67 shares, worth ₹14,807.

Pine Labs IPO Grey Market Premium

As of 11th November 2025, the GMP for the Pine Labs IPO stands at ₹0 per share. Thus, the estimated listing price would be ₹221. This indicates that the estimated listing gain in this IPO could be 0.00%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for GMP updates on the Pine Labs IPO.

Pine Labs IPO Details

Explanation

Pine Labs IPO: Pine Labs Limited has announced the issue price of ₹210 to ₹221 per share. With this IPO, the company allows retail investors to bid for one lot of 67 shares worth ₹14,807. The face value of Pine Labs Limited shares is ₹1 per share. The shares of Pine Labs Limited will be listed on BSE and NSE on its tentative listing day, 14th November 2025. Scroll down to view GMP updates and reviews of the Pine Labs IPO. 

Objectives of the Pine Labs IPO

The primary objective of the Pine Labs IPO is to raise ₹3,899.91 crore. However, before applying for the IPO, it is essential to be aware of its secondary objectives. Explore them below. 

• Repayment/prepayment, in whole or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries,
• Investment in certain of our Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE, for expanding our presence outside India
• Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs
• General corporate purposes and unidentified inorganic acquisitions

Pine Labs IPO Registrar

According to recent updates, Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding the Pine Labs IPO GMP, allotment, and refund, you can contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222, 04079611000.

Pine Labs IPO Review  

The Pine Labs IPO has gained neutral ratings from industry experts, brokers, and institutional investors.. Pine Labs Limited’s revenue increased by 28% from ₹1,824.16 crores in March 2024 to ₹2,327.09 crores in March 2025. Moreover, the company’s PAT increased by 57% from ₹341.90 crores to ₹ 145.49 crores. Investors can analyse other relevant factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Pine Labs IPO or not.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Pine Labs IPO.

The P/E ratio of Pine Labs Limited’s shares is [.], and its Earnings Per Share (EPS) is -1.38. Thus, the Pine Labs Limited IPO can deliver gains on its tentative listing day, 14th November 2025

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Mittal Solutions Limited are subject to change following the IPO. Refer to the table below for post-issue updates on these two metrics. 

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FAQs on Pine Labs IPO

What is the GMP of the Pine Labs IPO?

Ans. As of 11th November 2025, the Pine Labs (Grey Market Premium) stands at ₹0. This suggests that the estimated listing price could be 0.00% of the share price.

What is the issue price of the Pine Labs IPO?

Ans. The Pine Labs IPO price range is ₹210.00 to ₹221.00 per share. Retail investors can apply for a minimum of 1 lot, each consisting of 67 shares, worth ₹4,807. Moreover, HNIs are required to bid for a minimum of 14 lots (938 shares) worth ₹2,07,298.

Who is the registrar of the Pine Labs IPO?

According to recent updates, Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding the Pine Labs IPO GMP, allotment, and refund, you can contact Kfin Technologies Limited at reachus@kfintech.com or 04067162222, 04079611000.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Pine Labs IPO, download the Pine Labs IPO RHP and Pine Labs IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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