Price Band
₹210 - ₹221
Lot Size
67
Issue Size
₹3900.17 Cr
GMP
N/A
Subscription
2.48x
Analyzing...
IPO Schedule
1
Open
7 Nov 2025
2
Close
11 Nov 2025
3
Allotment
12 Nov 2025
4
Listing
14 Nov 2025
About Pine Labs
Pine Labs is a leading merchant commerce platform providing a wide array of payment solutions to merchants across India and Southeast Asia. The company facilitates secure and seamless transactions both online and offline, catering to various business needs.
Key Strengths
- Established market position in the merchant commerce platform space.
- Diversified product portfolio catering to varied merchant needs.
- Strong network of merchant relationships and partnerships.
- Scalable technology infrastructure supporting high transaction volumes.
- Growing presence in Southeast Asian markets offering expansion opportunities.
Risk Factors
- •Intense competition from other payment solution providers.
- •Dependency on regulatory changes in the payments industry.
- •Potential security breaches and data privacy concerns.
- •Negative P/E ratio indicating a lack of profitability
Valuation Analysis
The IPO appears richly valued considering the negative P/E ratio and requires investors to have high expectations for future growth and profitability to justify the price.
IPO Details
ExchangeBSE
SegmentMAINBOARD
ISININE15B701018
NSE SymbolPINELABS
Face Value₹1
Lot Size67
Issue Size₹3900.17 Cr
Key Metrics
ROE12
ROCE15
P/E Ratio60
Industry P/E20
EPS-1.38
Debt/Equity0.6
Growth & Quality
Revenue Growth (YoY)-5.1%
Anchor Investors78
Subscription
Total0.13x
Imbalance Ratio2.2x
Documents
Registrar
KARVY
Key Dates
Open Date7 Nov 2025
Close Date11 Nov 2025
Allotment12 Nov 2025
Listing14 Nov 2025