Pine Labs IPO

Pine Labs IPO

mainboardAlloted
GMP
₹5
(+2.26%)

IPO Details

Price
₹210.0 - ₹221.0
Lot
67 shares
Size
₹3,899.91 Cr
Open
7 Nov 2025
Close
11 Nov 2025
Allotment
12 Nov 2025
Listing
14 Nov 2025
Expected
₹226

Objectives

  • •Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company and certain of our Subsidiaries (₹532.00 Cr).
  • •Investment in certain of our Subsidiaries (Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE) for expanding our presence outside India (₹60.00 Cr).
  • •Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs (Digital Checkout Points) (₹760.00 Cr).
  • •General corporate purposes and unidentified inorganic acquisitions.
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