Pine Labs Share Price Surges Over 20% on Listing Day

Pine Labs IPO opened for subscription on Nov 7, 2025 and ended on Nov 11, 2025. 

Pine Labs’ IPO, valued at ₹3,900.17 crore, consists of a fresh issue of 9.41 crore shares worth ₹2,080.26 crore and an offer for sale of 8.23 crore shares totaling ₹1,819.91 crore.

Pine Labs’ IPO was subscribed 2.48 times overall. By November 11, 2025, at 5:04:34 PM (Day 3), the retail portion saw 1.27 times subscription, the QIB segment (excluding anchors) was subscribed 3.97 times, while the NII category received 0.30 times subscription.

The share allotment was finalised on Nov 12, 2025, and the shares were listed on BSE and NSE on Friday, Nov 14, 2025.

Pine Labs Share Price

On the listing day, on the NSE, Pine Labs share price (NSE: PINELABS) opened at ₹242.00, down from its issue price of ₹221. At 11:16 AM, the share price was trading at ₹262.99, up by 8.67% from its open price and up by 20.98% from its issue price. As of the same time, the stock touched its day’s high at ₹284.00. The company’s market cap was ₹30,478.70 crore. 

On the BSE, at 11:18 AM, Pine Labs share price was trading at ₹262.40, up by 8.43% from its opening price of ₹242.00 and 18.73% up from its issue price of ₹221.

About Pine Labs Limited

Founded in 1998, Pine Labs is a prominent Indian merchant commerce platform offering POS solutions, payment processing, and merchant financing services. The company supports businesses of all scales, from small retailers to large enterprises, through advanced digital payment technology and a suite of value-added services.

Core Solutions Include: 
• Smart POS Devices: Enable acceptance of multiple payment modes such as cards, UPI, mobile wallets, and EMI options. 
• Buy Now Pay Later (BNPL): Provides instant EMI facilities for consumers at checkout across a wide range of products. 
• Merchant Financing: Offers short-term working capital loans to merchants in collaboration with various financial institutions. 
• Loyalty & Gift Solutions: Helps brands run loyalty programs, digital gift cards, and promotional offers. 
• E-commerce Payment Tools: Supplies APIs and payment gateway solutions for online platforms and apps.

As of June 30, 2025, Pine Labs served 988,304 merchants, 716 consumer brands and enterprises, and 177 financial institutions. Its client portfolio includes major consumer brands such as Amazon Pay, LG Electronics, Flipkart Internet Pvt. Ltd., and Redington. 

Also Read: Jio Platforms May Be Valued Up to US$170 Billion Ahead of IPO!

Conclusion

Pine Labs made an impressive market debut, posting gains across both the NSE and BSE. The momentum can indicate positive sentiment and demand for the stock on the listing day.

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.