The Initial Public Offering (IPO) for the fintech company Pine Labs is scheduled to open soon.
Here are the key details based on the latest available information:
📅 Key IPO Dates
| Event | Date |
| Opening Date | November 7, 2025 |
| Closing Date | November 11, 2025 |
| Basis of Allotment (Tentative) | November 12, 2025 |
| Listing Date (Tentative) | November 14, 2025 |
💰 Issue Details
Price Band: ₹210 to ₹221 per equity share
Total Issue Size: Approximately ₹3,900 crore
Structure:
Fresh Issue: ₹2,080 crore (The proceeds go to the company for purposes like debt repayment, technology investment, and international expansion).
Offer for Sale (OFS): Approximately ₹1,820 crore (Shares sold by existing investors like Peak XV Partners, PayPal, and Mastercard).
Lot Size (Retail): 67 shares
Minimum Investment (Retail): ₹14,807 (at the upper price band)
💡 About Pine Labs
Pine Labs is a leading merchant commerce platform that provides a wide range of digital payment and financial solutions.
It offers Point-of-Sale (POS) systems for in-store payments.
It provides services like Buy Now, Pay Later (BNPL) / EMI options, and gift card/prepaid solutions.
The company operates in India and has expanded its presence internationally to regions like Southeast Asia and the Middle East.
If you are considering investing, remember to review the company's financials, business model, and the inherent risks of the digital payments sector and IPO market.