Pine Labs
Listed
Listed
Grey Market Premium Trend
₹5.5
Current GMP
₹227
Est. Listing Price
2.5%
Est. Listing Gain
₹210 - ₹221
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 13 Nov | ₹6 | ₹227 | 2.49% |
| 12 Nov | ₹6 | ₹227 | 2.49% |
| 11 Nov | ₹7 | ₹228 | 2.94% |
| 10 Nov | ₹1 | ₹222 | 0.45% |
| 9 Nov | ₹0 | ₹221 | 0.00% |
| 8 Nov | ₹4 | ₹225 | 1.81% |
| 7 Nov | ₹4 | ₹225 | 1.81% |
| 6 Nov | ₹6 | ₹227 | 2.49% |
| 5 Nov | ₹12 | ₹233 | 5.43% |
| 4 Nov | ₹17 | ₹238 | 7.69% |
| 3 Nov | ₹22 | ₹243 | 9.95% |
| 2 Nov | ₹35 | ₹256 | 15.84% |
| 31 Oct | ₹60 | ₹281 | 27.15% |
Key Dates
Open
7 Nov 2025Close
11 Nov 2025Listing
14 Nov 2025About the Company
Founded in 1998, Pine labs is a technology company specializing in digitizing commerce, providing digital payments and issuing solutions for merchants, consumer brands enterprises and financial institutions. Serving over 915,000 merchants, the company processed a Gross Transaction Value of ₹7.53 Lakh Crores in the first nine months of FY25. Its operations span India, South-East Asia, Australia, the US and Africa.
Strengths
- Growth led by large merchant network and omnichannel capabilities
- Market leadership in digitizing commerce with diversified product ecosystem of digital infrastructure, transaction, issuing and acquiring platform
- Consistent growth in Gross Transaction Volumes
- Strong institutional backing and consistent investment in technology
Risks
- Consistent net losses and negative cash flows in recent periods
- Highly competitive and dynamic industry, exposed to Regulatory and Licensing Risks
- Litigation exposure and several contingent liabilities, if materialised could adversely affect the financial health
- Heavy reliance on the Indian market, highlighting geographical concentration
Pine Labs IPO – Frequently Asked Questions
- The price band for the Pine Labs IPO is set at ₹210 to ₹221 per share.
- The Pine Labs IPO opens on November 7, 2025 and closes on November 11, 2025.
- The tentative listing date for the Pine Labs IPO is November 14, 2025.
- You can apply for the Pine Labs IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Pine Labs, enter lot quantity and UPI ID, then approve the mandate.