
Pine Labs IPO
BSELot: 67Others
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.
Subscription Status
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 3.97x | 0.63x | 0.02x |
| NII | 0.30x | 0.12x | 0.07x |
| Retail | 1.27x | 0.91x | 0.57x |
| Total | 2.48x | 0.55x | 0.13x |
Risk Factors
Promoters & Management
The key management team includes B. Amrish Rau (Chairman, Managing Director, and CEO), Kush Mehra (Executive Director, President and Chief Business Officer – Digital Infrastructure & Transaction Platform), and Sameer Vasudev Kamath (Chief Financial Officer). Other key members of the management team include Navin Ashok Kumar Chandani (President & Chief Business Officer - Issuing), Sanjeev Kumar (Chief Technology Officer – Digital Infrastructure & Transaction Platform), Vijayalakshmi Swaminathan (Chief People Officer), and Neerav Mehta (Company Secretary & Compliance Officer). The prospectus provides brief biographies of each of these individuals, highlighting their experience and qualifications. The management team is responsible for the company's strategic vision, operations, and financial performance.