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Pine Labs IPO Subscription Day 1: Check Online

Posted by : sachet | Fri Nov 07 2025

Pine Labs IPO Subscription Day 1: Check Online

Check Expert’s Verdicts on Pine Labs IPO

Here is the Pine Labs IPO launched on 7th November 2025. Bidding for the issue will close on 11th November 2025. The primary aim of the Pine Labs IPO is to raise ₹3,899.91 crores from the market. Additionally, the Pine Labs IPO has received an impressive level of subscription, indicating that the shares will likely be listed at a premium. Scroll down to check the Pine Labs IPO subscription and details. 

Pine Labs IPO Details 

IPO Open Date7th November 2025
Face Value ₹1 per share
Price Band₹210 to ₹221 per share
Lot Size67 shares
Issue TypeBookbuilding IPO
Listing AtBSE & NSE
IPO Close Date 11th November 2025
Listing Date 14th November 2025

The price band for the Pine Labs IPO has been prescribed at ₹210 to ₹221 per share. Let’s segregate the share quota fixed for different categories of investors. 

CategoriesShares Offered
QIB Shares OfferedAt least 75% of the Net Offer
NII (HNI) Shares OfferedNot more than 15% of the Net Offer
Retail InvestorsNot more than 10% of the Net Offer

Pine Labs IPO Subscription Status

As of now, the Pine Labs IPO has been subscribed to 0.07 times. Of these, 0.34 times are subscribed by retail investors, 0.03 times by non-institutional investors, and 0.00 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of the Pine Labs IPO, scheduled for listing on 14th November 2025. Pine Labs’ IPO also has a positive outlook, with the fresh issue of 9.41 shares to raise around Rs 3,899.91 crores.

Pine Labs IPO GMP Today

We know that higher subscription levels drive grey-market premiums for IPOs. Let’s explore the Pine Labs IPO GMP for 7th November 2025. 

The grey market premium for this IPO is 5.43% or Rs 12 per share. It indicates that the estimated listing price per share is Rs 233. Numerous factors played a pivotal role in the jump in Pine Labs’ IPO GMP. These include higher subscription rates, favourable market sentiment, and investors’ positive attitude towards IPOs. 

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
10-11-2025
9-11-2025
8-11-2025
7-11-2025₹221.00₹12.00₹233.005.43%
6-11-2025₹221.00₹12.00₹233.005.43%
5-11-2025₹221.00₹17.00₹238.007.69%
4-11-2025₹221.00₹22.00₹243.009.95%
3-11-2025₹221.00₹35.00₹256.0015.84%
2-11-2025₹221.00₹0.00₹221.000.00%
1-11-2025₹221.00₹0.00₹221.000.00%

About Pine Labs IPO Ltd.

Pine Labs Limited was established in 1998 as a prominent Indian commerce platform that offers various services, including point-of-sale solutions, payment processing, and merchant financing. Pine Labs is involved in all sizes of business, from small to large enterprises with digital payment and other value-added services.

  • An ecosystem which brings together merchants, consumer brands, enterprises, and financial institutions, enabling commerce transactions
  • Full-stack, cloud-based, scalable digital infrastructure and transaction platform
  • Deep partnerships with large merchants, consumer brands, enterprises, and financial institutions.
  • Experienced, professional management team

Pine Labs Limited Financials

The company’s financial analysis is essential before applying for Pine Labs Limited’s IPO. Look at the table to learn about Pine Labs Limited’s financials. 

Year Ended31st July 202531st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets56.2942.5333.8829.75
Revenue19.512,327.091,824.1636.42
Profit After Tax2.87-145.49-341.901.88
EBITDA4.249.548.393.28
Net Worth19.1016.235.871.01
Reserve and Surplus13.1610.295.370.51
Total Borrowing15.3215.6217.0916.19

Explanation

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.

Technical Indicators

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.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) [.]
EPS (Earnings Per Share)-1.38
RoNW-4.15%
ROCE[.]
ROE[.]
EBITDA Margin15.68%
Price to Book Value[.]
Market Capitalisation[.]

Pine Labs IPO Listing Expectations

Pine Labs IPO Highlights: IPO allotment is still pending, as the bid closes today. However, given the current GMP or market sentiment, it is reasonable to expect higher listing gains for the share. A 5.43% jump in the GMP of Pine Labs’ IPO suggests that the estimated listing price per share will be around Rs 233.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ top long-term recommendation. 

Pine Labs IPO Dates

IPO Open Date7th November 2025
IPO Close Date11th November 2025
Allotment12th November 2025
Refund Date13th November 2025
IPO Listing Date14h November 2025

Note: IPO GMP is volatile, driven by market sentiment. Hence, one should conduct their research before investing in it.

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Pine Labs IPO IPO GMP: Day 2 IPO Live Updates