Exchanges
BSE, NSE
Industry
Financial Technology (Fintech)
Issue
Book building

Pine Labs IPO

₹250.89

+13.52% on listing

Listing-day close · NSE · 14 Nov 2025 · issue price ₹221

Pine Labs’ ₹3,900 crore IPO was priced at ₹221 a share. It listed on the NSE on 14 Nov 2025 and closed its first day at ₹250.89, up 13.52% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹3,900 Cr
Fresh issue
₹2,080 Cr
Offer for sale
₹1,820 Cr
Lot size
67 shares
Minimum investment
₹14,807
Face value
₹1
Registrar
Kfin Technologies

Subscription

Pine Labs IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.81×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹25,377 Cr
P/E (post-issue)
1325.6
EPS (post-issue)
₹0.17
Price to book
-9.8
EBITDA margin
15.68%

Financials as of 31 Mar 2025, from the offer documents.

Listing

Listing date
14 Nov 2025
Issue price
₹221
Open
₹242.00
High
₹284.00
Low
₹234.17
Close
₹250.89

Listing day on the NSE. The close was +13.52% on the issue price.

FAQs

When did the Pine Labs IPO open and close?

It opened on 7 Nov 2025 and closed on 11 Nov 2025.

What was the Pine Labs IPO price?

The price band was ₹210–221 a share. The final issue price was ₹221.

What is the lot size and minimum investment?

One lot is 67 shares, ₹14,807 at ₹221 a share. Retail investors apply in whole lots.

How much did Pine Labs raise?

₹3,900 crore: ₹2,080 crore of new shares and ₹1,820 crore offered by existing shareholders.

How many times was the Pine Labs IPO subscribed?

1.81 times overall.

How did Pine Labs list?

It listed on the NSE on 14 Nov 2025 at ₹242.00 and closed the day at ₹250.89, up 13.52% on the ₹221 issue price.

Who is the registrar of the Pine Labs IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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