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Open
7 Nov 2025
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Close
11 Nov 2025
3
Allotment
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Listing
Fri, Nov 14, 2025
Price Band
₹210 to ₹221
Issue Size
17,64,78,303 shares (agg. up to ₹3,900 Cr)
Lot Size
67 Shares
Listing Date
Fri, Nov 14, 2025
Latest GMP
₹5.5
Est. Gain
2.49%
✦ AI Insight
GMP Trend
14-11-2025₹5.5Est. ₹226.5+2.49%
13-11-2025₹5.5Est. ₹226.5+2.49%
12-11-2025₹6.5Est. ₹227.5+2.94%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.81x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 10,904.32 | 10,715.74 | 9,648.56 | 9,363.21 |
| Total Income | 653.08 | 2,327.09 | 1,824.16 | 1,690.44 |
| Profit After Tax | 4.79 | -145.49 | -341.90 | -265.15 |
| EBITDA | 120.56 | 356.72 | 158.20 | 196.80 |
| NET Worth | 2,327.55 | -2,244.27 | -2,035.24 | -1,764.77 |
| Total Borrowing | 888.74 | 829.49 | 532.92 | 329.51 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Seshaasai Technologies Ltd. | Mainboard | ₹813.07 Cr | ₹423 | 28.63 | ₹411.45 | -2.73% | ₹383.35 |
| One Mobikwik Systems Ltd. | Mainboard | ₹572.00 Cr | ₹279 | 113.32 | ₹528.00 | +89.25% | ₹194.14 |
| Finbud Financial Services Ltd. | SME | ₹71.68 Cr | ₹142 | 23.4 | ₹164.85 | +16.09% | ₹132.10 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment / prepayment, in full or in part, of certain borrowings availed of by Company and certain of Subsidiaries, | 532.00 |
| 2 | Investment in certain of Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding presence outside India | 60.00 |
| 3 | Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs | 760.00 |
| 4 | General corporate purposes and Unidentified Inorganic Acquisitions | 626.33 |
| 5 | Issue Expenses | 194.00 |
| Total | 2,172.33 |
About Pine Labs IPO
Updated on Aug 5, 2026
Contact Details
Pine Labs Ltd. AddressUnit No.4084th Floor, Time TowerMG Road, DLF QEGurugram, Haryana, 122002+91 22 6986 3600cosecy@pinelabs.comVisit Website