Pine Labs IPO Details
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹2,600 Crores |
| Offer for Sale: | Approx 14,78,22,225 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Pine Labs IPO Market Lot
The Pine Labs IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Pine Labs IPO Dates
The Pine Labs IPO date is 2025 and the close date is 2025. The Pine Labs IPO allotment will be finalized on 2025 and the IPO listing on 2025.
| IPO Open Date: | 2025 |
| IPO Close Date: | 2025 |
| Basis of Allotment: | 2025 |
| Refunds: | 2025 |
| Credit to Demat Account: | 2025 |
| IPO Listing Date: | 2025 |
Promoters of Pine Labs IPO
Our Company Does Not Have An Identifiable Promoter.
About Pine Labs IPO
Incorporated in 1998, Pine Labs is one of the growing Indian merchant commerce companies that offers point-of-sale (POS) solutions, payment processing, and merchant financing services. Its headquarters are situated in Noida, India, the company supports businesses of all sizes that including small to large businesses, with digital payment technologies and services. The company’s portfolio consists of a wide range of offerings such as Smart POS Devices, Buy Now Pay Later (BNPL), Merchant Financing, Loyalty and Gift Solutions, and E-commerce and Online Payment Tools. The company includes 915,731 merchants as of December 31, 2024, serving major consumer brands such as Amazon Pay, LG Electronics, Flipkart Internet Private Limited, and Redington. Moreover, HDFC Bank, Axis Bank, and ICICI Bank are the key customers of the company. The company started its business to grow from just a card payment service provider into a full fintech platform serving India to become a digital and cash-free shopping system.
Pine Labs IPO Company Financial Report
The company reported revenue of ₹1,382.63 crores in 2024 against ₹1,327.59 crore in 2023. The company reported loss of ₹187.17 crores in 2024 against loss of ₹56.24 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹957.92 | ₹1,032.43 | ₹22.62 | ₹6,263.59 |
| 2023 | ₹1,327.59 | ₹1,402.39 | ₹56.24 | ₹7,406..11 |
| 2024 | ₹1,382.63 | ₹1,622.80 | ₹187.17 | ₹7,910.93 |
| May 2024 | ₹1,273.88 | ₹1,238.41 | ₹26.14 | ₹8,969.98 |
Pine Labs IPO Valuation – FY2024
Check Pine Labs IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 16.27% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹(2.23) (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | (9.18)% |
| Net Asset Value (NAV): | ₹24.30 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| One97 Communications Limited | (22.00) | NA | (10.82%) | 209.29 | 9,977.80 Cr. |
| Zaggle Prepaid Ocean Services Limited | 4.06 | 104.76 | 14.11% | 46.98 | 775.60 Cr. |
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
Pine Labs IPO Review
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Pine Labs IPO Registrar
KFin
Technologies
Limited
Phone:
04067162222,
04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
- Morgan Stanley India Company Pvt Ltd
- Citigroup Global Markets India Private Limited
- J.P. Morgan India Private Limited
- Jefferies India Private Limited
Company Address
Pine
Labs
Limited
Unit
No.
408,
4th
Floor,
Time
Tower,
MG
Road,
DLF
QE
Gurgaon, Haryana,
122002
Phone: +91
22
6986
3600
Email: [email protected]
Website: http://www.pinelabs.com/
Pine Labs IPO FAQs
What is Pine Labs IPO?
When Pine Labs IPO will open for subscription?
What is Pine Labs IPO Investors Portion?
How to Apply the Pine Labs IPO?
What is Pine Labs IPO Issue Size?
What is Pine Labs IPO Price Band?
What is Pine Labs IPO Lot Size?
What is the Pine Labs IPO Allotment Date?
What is the Pine Labs IPO Listing Date?
Note: The Pine Labs IPO price band and date are officially announced. The (Pine Labs IPO grey market premium) will be added to the IPO GMP page as it will start).
