Pine Labs, one of India’s leading fintech firms, is all set to make its market debut. Known for providing payment and merchant solutions across 15 countries, the company has attracted strong investor interest ahead of its IPO. The Pine Labs IPO aims to raise approximately ₹3,900 crore, combining a fresh issue and an offer for sale (OFS). The issue has generated significant curiosity, with investors tracking its grey market premium (GMP) and allotment status closely.
IPO Name
IPO Name: Pine Labs Limited (Book-Built Issue)
Type: Fresh issue + Offer for Sale (OFS)
Industry: Fintech / Digital Payments
IPO Price Band and Lot Size
The Pine Labs IPO price band has been fixed between ₹210 and ₹221 per share. The lot size for retail investors is 67 shares per lot. This means a minimum investment of approximately ₹14,807 at the upper band, and retail investors can apply for a maximum of 13 lots (871 shares).
IPO Date and Subscription Timeline
- IPO Open Date: November 7, 2025
- IPO Close Date: November 11, 2025
- Allotment Date: November 12, 2025
- Refunds & Credit to Demat: November 13, 2025
- Listing Date: November 14, 2025
The IPO was subscribed over 2.5 times overall, with strong participation from retail and institutional investors.
Pine Labs IPO GMP (Grey Market Premium) Today
As of the latest reports, the Pine Labs IPO GMP today is trending around ₹0 to ₹4 per share, indicating a flat to mild listing premium. A zero-to-positive GMP suggests that the IPO is fairly priced and may open near its issue price of ₹221 on listing day. Analysts believe this neutral sentiment reflects balanced valuations and stable market conditions.
Corporate Events and Listing Details
The company is expected to be listed on both the BSE and NSE under the ticker PineLabs on November 14, 2025. The listing will mark one of India’s biggest fintech IPOs in recent years, following earlier successful listings like Paytm and Policybazaar.
Use of IPO Proceeds
- Expansion of merchant acquisition and payment network
- Investment in new fintech products and international markets
- Partial repayment of existing borrowings
- General corporate purposes
Dividends and Bonus
No dividend or bonus has been announced in conjunction with the IPO. Future payouts will depend on profitability and the company’s financial performance after listing.
Stock Price Expectation
Analysts expect the Pine Labs IPO share price to open around ₹225–₹230, given current GMP trends. However, actual listing gains will depend on overall market sentiment and investor demand on the day of listing.
Is Pine Labs a Potential Multibagger Stock?
Pine Labs operates in the high-growth fintech sector, with strong merchant partnerships and recurring transaction revenue. While the company’s fundamentals are solid, valuation concerns remain high compared to peers. Investors view it as a long-term digital payments play rather than an immediate multibagger opportunity. Analysts recommend holding for 2–3 years to realize full potential as India’s fintech adoption continues to accelerate.
Steps to Check IPO Allotment Status
Investors can easily check their Pine Labs IPO allotment status online once allotment is finalized. Follow these steps:
- Visit the official registrar’s website (KFin Technologies).
- Click on “IPO Allotment Status” under the ‘Investors’ section.
- Select ‘Pine Labs Limited’ from the drop-down menu.
- Enter your PAN, application number, or DP/Client ID.
- Click on “Submit” to view your allotment details.
Alternatively, you can check allotment through the BSE India website under “Equity – Issue Application Status.” If allotted, shares will be credited to your Demat account before the listing date.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. The GMP figures are indicative and sourced from market observers. Investors should consult a SEBI-registered financial advisor before investing in any IPO. All information provided here is based on data available as of November 11, 2025.
FAQs
Q1: What is the Pine Labs IPO GMP today?
A1: The Pine Labs IPO GMP today is around ₹0–₹4, suggesting that the issue may list close to its upper price band of ₹221 per share.
Q2: What is the Pine Labs IPO listing date and price band?
A2: The listing date is November 14, 2025 on the NSE and BSE. The IPO price band is ₹210–₹221 per share.
Q3: How can investors check Pine Labs IPO allotment status?
A3: Investors can check their allotment on the KFin Technologies website or BSE IPO section by entering their PAN or application number once allotment is finalized.
