Pine Labs IPO Details, Financials, Valuation & Peers
Explore Pine Labs IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
Pine Labs: Overview
Pine Labs is a leading merchant commerce platform that provides technology and solutions for digital payments and financial services, primarily across India and Southeast Asia.
Core Business: Pine Labs enables businesses to accept various forms of digital payments, manage merchant operations, and offer financial services at the point-of-sale (POS) and online.
Main Products/Services:
- Cloud-based POS Platform: Allows merchants to accept payments via credit/debit cards, UPI, digital wallets, and increasingly, Buy Now Pay Later (BNPL) options.
- Online Payment Gateway: Facilitates online payment processing for e-commerce businesses.
- Prepaid and Gift Card Solutions: Offers end-to-end solutions for issuing, distributing, and processing gift cards and prepaid instruments (via its Qwikcilver acquisition).
- Issuing Platform: Provides a full-stack platform for financial institutions and brands to launch co-branded cards and other payment products.
Industry Focus: Financial Technology (Fintech), specifically in merchant acquiring, payment processing, and embedded finance.
Key Highlights:
- Extensive Merchant Network: Serves over 200,000 merchants across approximately 450,000 POS terminals in India and other Asian markets.
- Diversified Product Portfolio: Beyond traditional POS, it offers comprehensive solutions including BNPL, prepaid programs, online gateways, and card issuing platforms.
- Fintech Unicorn Status: A highly valued private fintech company backed by prominent global investors such as Mastercard, Temasek, and Alpha Wave Global.
- Strategic Acquisitions: Expanded capabilities through key acquisitions like Qwikcilver (gift cards) and Fave (BNPL and consumer loyalty), strengthening its full-stack offering.
- Geographic Expansion: Actively expanding its footprint beyond India into Southeast Asia and the Middle East, with a focus on regional growth.
Objects of the Issue
- Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries,
- Investment in certain of our Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding our presence outside India
- Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs
- General corporate purposes and unidentified inorganic acquisitions
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 07 Nov - 11 Nov 2025 |
| IPO Price Band | ₹210 - ₹221 per share |
| Fresh Issue | ₹2,080.00 crore |
| Offer For Sale | ₹1,819.91 crore |
| Total IPO Size | ₹3,899.91 crore |
| Face Value | ₹1 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 07 Nov 2025 |
| IPO Closing Date | 11 Nov 2025 |
| Basis Of Allotment | 12 Nov 2025 |
| Refunds | 13 Nov 2025 |
| Demat Transfer | 13 Nov 2025 |
| IPO Listing Date | 14 Nov 2025 |
Peer Comparison
No listed peers available for comparison.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 3.97 |
| Non-Institutional Investor (NII/HNI) | 0.3 |
| Retail Individual Investor (RII) | 1.27 |
| Total | 2.48 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
FAQs
- What is the issue size of the Pine Labs IPO?The Pine Labs IPO has an issue size of ₹3,899.91 crore. This includes a fresh issue of ₹2,080.00 crore and an offer for sale (OFS) of ₹1,819.91 crore.
- What is the price band of the Pine Labs IPO?The price band for the Pine Labs IPO is ₹210 - ₹221 per share.
- What are the bidding dates for the Pine Labs IPO?The Pine Labs IPO will open for bidding on 07 Nov 2025 and close on 11 Nov 2025.
- What is the allotment date for the Pine Labs IPO?The allotment date for the Pine Labs IPO is 12 Nov 2025.
- What is the minimum lot size and investment required for the Pine Labs IPO?The minimum lot size for the Pine Labs IPO is 67 shares and the minimum investment required is ₹14,807.
- What is the listing date for the Pine Labs IPO?The listing date for the Pine Labs IPO is 14 Nov 2025.
- What is the Pine Labs IPO grey market premium?The grey market premium (GMP) for the Pine Labs IPO is currently at ₹5.5, with an expected listing gain of approximately 2.49%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.