The Pine Labs IPO opened its doors to the market today, and the energy around it feels like the first hour of a busy trading session — fast, focused, and full of curiosity. As markets stepped into Friday’s action, investors tuned in to the fresh numbers, the issue size, and the early subscription trends that shaped the conversation around one of the more awaited offerings this month.
The brand has long been known in the fintech universe, but the Pine Labs IPO brings a different kind of spotlight — one that blends scale, technology, and a large fundraise packaged into a ₹3,900 crore issue.
Market Performance: IPO Opens Amid Strong Market Activity
Friday morning brought a familiar rhythm to the market. As indices moved in their early range, the spotlight shifted quickly to the Pine Labs IPO opening for subscription.
What caught attention immediately were the raw numbers — the price band, the lot size, and the overall issue size — all of which shaped the early response from retail and non-institutional investors.
Pine Labs IPO: Main Highlights & Fundraise Structure
The company launched its IPO today, November 7, with a sizeable issue aimed at raising nearly ₹3,900 crore. The structure is a mix of fresh equity and an offer-for-sale.
Key Financial Details of Pine Labs IPO
- Price Band: ₹210 to ₹221 per share
- IPO Lot Size: 67 shares
- Minimum Retail Investment: ₹14,807
- Total Issue Size: ₹3,899.91 crore
- Fresh Issue: 9.41 crore equity shares worth ₹2,080 crore
- Offer for Sale (OFS): 8.23 crore equity shares worth ₹1,819.91 crore
The pine labs ipo price band and the overall sizing place the company firmly among the larger issues of the year, drawing interest from various market segments tracking the stock market today.
Pine Labs IPO Dates & Timeline
The company’s IPO follows a clear and tightly packed schedule, giving investors enough clarity on when allotments and listing may follow.
Important Pine Labs IPO Dates
- Issue Opens: November 7
- Issue Closes: November 11
- Allotment Date: Likely November 12
- Tentative Listing: November 14
- Exchanges: BSE & NSE
Every part of the pine labs ipo dates timeline has been set to ensure a smooth transition from bidding to listing.
Pine Labs IPO Subscription Status: Early Trends
The first few hours of a public issue often tell a story of their own. By 10:35 AM, the pine labs ipo subscription status reflected the market’s initial sentiment.
Subscription Status (Day 1, 10:35 AM)
- Overall Subscription: 3%
- Retail Investors (RII): 15%
- Non-Institutional Investors (NII): 2%
- QIBs: Yet to begin bidding
The early numbers showed the usual pattern — retail participation leading the first half of Day 1, while large institutional bids typically gather momentum later in the process.
Company Details: Where Pine Labs Stands Today
Beyond the IPO chatter, Pine Labs’ business footprint forms the base of investor interest. The company operates across India and international markets through a wide network.
Scale & Reach
- Merchants: 9.8 lakh
- Consumer Brands & Enterprises: 716
- Financial Institutions: 177
- Geographies: India, Malaysia, Singapore, UAE, Australia, USA, Africa
The breadth of operations underlines how Pine Labs has grown into a major fintech platform connecting merchants, brands, and financial institutions.
Financial Snapshot from the Reference
The growth numbers shared in the reference highlight the company’s performance over two financial years.
Financial Performance (FY23–FY25)
- Revenue CAGR: 19.3%
- EBITDA CAGR: 538.6%
- Debt Repayment Plan: ₹532 crore from IPO proceeds
Summary
The Pine Labs IPO arrives with a large issue size, a clearly defined timeline, and significant interest from the retail segment right from the start. With a price band of ₹210–₹221, a fundraise nearing ₹3,900 crore, and early subscription of 3% by 10:35 AM, the offering has become a major headline in the stock market today.
Its business network of 9.8 lakh merchants, over 700+ brands, and its presence across multiple countries adds context to its scale. With defined IPO dates and the listing expected on November 14, this remains one of the key events in the current primary market cycle.
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