When does the Pine Labs IPO open and close?

The Pine Labs IPO opens on 7 Nov and closes on 11 Nov.

Where can I check the live subscription status of the Pine Labs IPO?

You can track the real-time subscription numbers using the links below: https://www.iposcanner.ai/ipo/pine-labs-ipo?tab=subscription

What is the issue size of the Pine Labs IPO?

The size of Pine Labs IPO is Total 17,64,66,426 shares(aggregating up to ₹3899.91 crore) : #Fresh Issue : 9,41,17,647 shares(aggregating up to ₹2080 crore) + #OFS : 8,23,48,779 shares(aggregating up to ₹1819.91 crore).

What is the price band of the Pine Labs IPO?

The Pine Labs IPO price band is set between ₹210-221 per equity share.

What is the minimum investment for the Pine Labs IPO?

The minimum investment for the Pine Labs IPO is ₹14807.

What is the allotment date of the Pine Labs IPO?

The share allotment date of Pine Labs IPO is 12 Nov.

What is the Pine Labs IPO listing date?

The Pine Labs IPO will be listed on 14 Nov.

How to check Pine Labs IPO allotment status online?

Follow the steps to check the Pine Labs IPO allotment status online here: https://www.iposcanner.ai/ipo/pine-labs-ipo?tab=allotment

Who is the registrar for the Pine Labs IPO?

The registrar for the Pine Labs IPO is Kfin Technologies Ltd. You can check your allotment status on their official website.

Pine Labs

Open Date

07 Nov 2025

Close Date

11 Nov 2025

listed

Min Investment

₹14807

Lot Size

67 Shares

Issue Size

₹3899.91 Cr

Price Range

₹210 - ₹221

Listing Date

Nov 14, 2025

IPO Doc

RHP PDF

All Overview GMP Subscription Allotment Docs

₹1(+0.45%)GMP

0.45%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Company Performance

Pine Labs - Promoter(s)

Pine Labs

Pre Issue Share Holding

N/A

Post Issue Share Holding

N/A

About Strength & Risks

Strengths4Risks6

What investors should watch closely

Risk factors and possible pressure points around the offer.

Continued losses despite revenue growth

Pine Labs has recorded persistent net losses, with a loss of ₹145.48 crore in FY25, as total expenses stood at 104.29% of total income. Although the company turned a small profit of ₹4.78 crore in Q1FY26, profitability remains uncertain as heavy investments continue in technology, acquisitions, and global expansion. Sustained losses could affect internal cash generation and valuations.

Dependence on customer retention

As of June 30, 2025, it had 988,304 merchants, 716 consumer brands, and 177 financial institutions. Customer agreements often have short tenures (1–5 years) and can be terminated with notice as short as 15 days. Failure to retain key ecosystem participants could reduce transaction volumes and revenue growth momentum.

Revenue concentration among key customers

The top 10 customers contributed 29.30% as of June, 2025 and 30.95% in FY25, with the top customer alone accounting for 8.24% as of June, 2025 and 10.62% in FY25. Any reduction or termination of business from large clients could materially impact earnings stability and growth.

Regulatory oversight and compliance risk

As a licensed Payment Aggregator (PA) and Prepaid Payment Instrument (PPI) issuer, Pine Labs operates under strict RBI and ReBIT supervision. Past inspections have highlighted KYC, data tagging, and complaint resolution lapses. A ₹10 lakh penalty was earlier imposed on its subsidiary Qwikcilver. Pending inspection reports and evolving RBI guidelines could lead to fines, restrictions, or license risks if non-compliance recurs.

Ongoing legal proceedings

As of the RHP date, Pine Labs and its subsidiaries face ₹492.87 crore in claims across various proceedings. While most cases are regulatory or tax-related, adverse outcomes could lead to financial liabilities, legal costs, or reputational impact.

Intellectual property and legal risks

The company holds 117 trademarks and 25 domains with additional filings pending. However, it faces ongoing IP litigation, including past disputes with Innoviti Payment Solutions over patent rights. Any adverse rulings or future infringement claims could lead to costly litigation, reputational harm, or product redesigns, affecting operations and profitability.

Contact Details

Pine Labs

Unit No. 408, 4th Floor, Time Tower, MG Road, DLF QE, Gurgaon, Haryana, 122002

+912269863600

cosecy@pinelabs.com

http://www.pinelabs.com/

Registrar Contact Details

Kfin Technologies Ltd

04067162222

einward.ris@kfintech.com

https://ipostatus.kfintech.com/

Pine Labs IPO - FAQs

Pine Labs IPO is a Mainboard IPO. The issue is priced at ₹210-221 per equity share. The minimum order quantity is 67 Shares. The IPO opens on 7 Nov, and closes on 11 Nov. Kfin Technologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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Adisoft Technologies

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Issue Size74.10 Cr

Min. Qty1600 Shares

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Live IPO

Companies Name	Open - Close	Issue Size	Min. Qty	Issue Price	Apply
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Pine Labs

Grey Market Premium (GMP) Trend

Company Performance

Pine Labs - Promoter(s)

About Strength & Risks

Why this IPO looks interesting

Diversified ecosystem

Long-term partnerships across verticals

Cloud-based, flexible and scalable technology platform

Continuous innovation and strategic acquisitions

What investors should watch closely

Continued losses despite revenue growth

Dependence on customer retention

Revenue concentration among key customers

Regulatory oversight and compliance risk

Ongoing legal proceedings

Intellectual property and legal risks

Contact Details

Registrar Contact Details

Pine Labs IPO - FAQs

Live IPOs

Pine Labs

Grey Market Premium (GMP) Trend

Company Performance

Pine Labs - Promoter(s)

About Strength & Risks

Why this IPO looks interesting

Diversified ecosystem

Long-term partnerships across verticals

Cloud-based, flexible and scalable technology platform

Continuous innovation and strategic acquisitions

What investors should watch closely

Continued losses despite revenue growth

Dependence on customer retention

Revenue concentration among key customers

Regulatory oversight and compliance risk

Ongoing legal proceedings

Intellectual property and legal risks

Contact Details

Registrar Contact Details

Pine Labs IPO - FAQs

What is Pine Labs IPO?

When does the Pine Labs IPO open and close?

Where can I check the live subscription status of the Pine Labs IPO?

What is the issue size of the Pine Labs IPO?

What is the price band of the Pine Labs IPO?

What is the minimum investment for the Pine Labs IPO?

What is the allotment date of the Pine Labs IPO?

What is the Pine Labs IPO listing date?

How to check Pine Labs IPO allotment status online?

Who is the registrar for the Pine Labs IPO?

Live IPOs