Pine Labs IPO Allotment Status to be Finalised Tomorrow November 12

Pine Labs has launched its Initial Public Offering (IPO) as a book-built issue worth ₹3,899.91 crore. The IPO comprises a fresh issue of 9.41 crore equity shares amounting to ₹2,080.00 crore, along with an offer for sale (OFS) of 8.23 crore shares valued at ₹1,819.91 crore.
The subscription window for the Pine Labs IPO opened on November 7, 2025, and will close on November 11, 2025. The basis of allotment is expected to be finalised on November 12, 2025, with the shares likely to be listed on both the BSE and NSE on November 14, 2025
The price band for the IPO has been set between ₹210 and ₹221 per share, and the lot size is 67 shares per application. For retail investors, the minimum investment amount stands at ₹14,807 (for one lot of 67 shares).
How to Check Pine Labs IPO Allotment Status Online on NSE?
- Go to the application status page
- Select "Equity and SME IPO bids"
- Choose "Pine Labs" from the Issue Name dropdown
- Provide your Application Number or PAN
- Click on Submit
How to Check Pine Labs IPO Allotment Status Online on BSE?
- Go to the application status page
- Select "Equity" under the Issue Type
- Choose "Pine Labs" from the Issue Name dropdown
- Provide your Application Number or PAN
- Click on “I am not a robot” and submit
How to Check Pine Labs IPO Allotment Status Online on the Registrar’s Website?
- Go to the registrar’s official website.
- Select "Pine Labs" from the company list.
- Enter your Client ID, Application Number, or PAN.
- Click on Submit.
Pine Labs IPO Details
Pine Labs is set to raise ₹3,899.91 crore through its upcoming Initial Public Offering (IPO), structured as a book-built issue. The offer includes a fresh equity issuance of 9.41 crore shares worth ₹2,080 crore, alongside an offer for sale (OFS) of 8.23 crore shares, aggregating to ₹1,819.91 crore.
The IPO opened for subscription on November 7, 2025, and will close on November 11, 2025. The share allotment is expected to be finalised on November 12, 2025, while listing on the BSE and NSE is tentatively scheduled for November 14, 2025.
Allocation Quota for Pine Labs
The table below breaks down the Pine Labs share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered | % of Total Issue | Maximum Allottees |
| QIB (Qualified Institutional Buyers) | 13,22,56,069 | 74.95% | NA |
| NII (Non-Institutional Investors / HNI) | 2,64,51,214 | 14.99% | NA |
| Retail Individual Investors (RII) | 1,76,34,143 | 9.99% | 2,63,196 |
| Employee Reservation | 1,25,000 | 0.07% | NA |
| Total | 17,64,66,426 | 100.00% | — |
Data Source: NSE
Pine Labs IPO – Overall Subscription Status
| Category | Subscription (times) |
| Qualified Institutional Buyers | 2.30 |
| Non-Institutional Investors | 0.23 |
| Retail Individual Investors | 1.15 |
| Total | 1.53 |
Note: The subscription details are as of November 11, 2025, at 2:20 PM
Pine Labs Business Overview
Founded in 1998, Pine Labs is a leading merchant commerce platform in India, offering a comprehensive suite of point-of-sale (POS), payment processing, and merchant financing solutions. The company empowers businesses of all scales—from small retailers to large enterprises—by enabling seamless digital payments and providing a range of value-added financial and customer engagement services.
Pine Labs’ diversified portfolio includes:
- Smart POS Solutions: Advanced terminals that accept multiple payment modes such as credit/debit cards, UPI, mobile wallets, and EMIs.
- Buy Now, Pay Later (BNPL): Instant EMI and deferred payment options for consumers at the point of purchase.
- Merchant Financing: Short-term working capital loans offered in collaboration with leading financial institutions.
- Loyalty & Gift Solutions: Customizable loyalty programs, digital gift cards, and promotional campaign tools for brands.
- E-commerce & Online Payment Services: APIs and gateway integrations that facilitate secure and efficient online transactions.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Nov 11, 2025, 2:41 PM IST

Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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