Incorporated in 1998, Pine Labs is a leading Indian merchant commerce platform that provides point-of-sale (POS) solutions, payment processing, and merchant financing services. Pine Labs empowers businesses of all sizes—from small retailers to large enterprises—with digital payment technologies and value-added services.
Sector
-
P/E Ratio
--
Security Type
mainboard
Face Value
₹1 per share
Incorporation Year
1998
Employee Count
-
Brand Name
Pine Labs
Additional Info
Smart POS Devices – Accept multiple forms of payments including credit/debit cards, UPI, mobile wallets, and EMIs.
Buy Now Pay Later (BNPL) – Offers instant EMI solutions at the point of sale for various consumer goods.
Merchant Financing – Provides short-term working capital loans to merchants through partnerships with financial institutions.
Loyalty and Gift Solutions – Enables brands to offer loyalty programs, digital gift cards, and promotional campaigns.
E-commerce and Online Payment Tools – Offers APIs and payment gateway services to support digital stores and apps.
Ecosystem which brings together merchants, consumer brands and enterprises, and financial institutions enabling commerce transactions
Full stack, cloud-based, scalable digital infrastructure and transaction platform
Deep partnerships with large merchants, consumer brands and enterprises, and financial institutions.
Experienced, professional management team
IPO Details
IPO Date
November 7, 2025 to November 11, 2025
Sale Type
Fresh Capital-cum-Offer for Sale
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Fresh Issue
-
Offer for Sale
-
Total Issue Size
17,64,66,426 shares (aggregating up to ₹3,899.91 Cr)
Share Holding Pre-Issue
1,05,41,46,853 shares
Share Holding Post-Issue
1,14,82,64,500 shares
Listing Date
14 Nov 2025
Financial Statements
Period Ended: 30 Jun 2025
Assets
₹10904.32 Cr
Net Worth
₹120.56 Cr
Total Income
₹653.08 Cr
Profit After Tax
₹4.79 Cr
Total Borrowing
₹- Cr
Reserves and Surplus
₹2327.55 Cr
Period Ended: 31 Mar 2025
Assets
₹10715.74 Cr
Net Worth
₹356.72 Cr
Total Income
₹2327.09 Cr
Profit After Tax
₹-145.49 Cr
Total Borrowing
₹- Cr
Reserves and Surplus
₹-2244.27 Cr
Period Ended: 31 Mar 2024
Assets
₹9648.56 Cr
Net Worth
₹158.2 Cr
Total Income
₹1824.16 Cr
Profit After Tax
₹-341.9 Cr
Total Borrowing
₹- Cr
Reserves and Surplus
₹-2035.24 Cr
Period Ended: 31 Mar 2023
Assets
₹9363.21 Cr
Net Worth
₹196.8 Cr
Total Income
₹1690.44 Cr
Profit After Tax
₹-265.15 Cr
Total Borrowing
₹- Cr
Reserves and Surplus
₹-1764.77 Cr
Financial Details
Issue Size
₹3899.91 Cr
Price Range
₹221.00
Min Investment
₹14,807
Issue Price
₹221.00
Lot Size
67 Shares
Est. Listing Price
₹227
Rating
1/5
Employee Discount
-
Subscription Details
Overall: 0.13x
Qualified Institutional BuyersAt least 75% of the Net Offer
Non Institutional InvestorsNot more than 15% of the Net Offer
Retail Individual InvestorsNot more than 10% of the Net Offer
Employee Shares Offered-
Updated: 9 Nov, 01:45
Reservation Details
Category
Shares
Qualified Institutional Buyers
At least 75% of the Net Offer
Excluding Anchor
-
Anchor Investor
-
Non Institutional Investors
Not more than 15% of the Net Offer
bNII (> ₹10L)
-
sNII (< ₹10L)
-
Retail Individual Investors
Not more than 10% of the Net Offer
Employee Shares Offered
-
Total Shares Offered
-
Company Address
Pine Labs Ltd.Unit No. 408,4th Floor, Time Tower,MG Road, DLF QEGurgaon, Haryana, 122002
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, namely 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₹760.00 Cr
Competitive Strengths
Smart POS Devices – Accept multiple forms of payments including credit/debit cards, UPI, mobile wallets, and EMIs.
Buy Now Pay Later (BNPL) – Offers instant EMI solutions at the point of sale for various consumer goods.
Merchant Financing – Provides short-term working capital loans to merchants through partnerships with financial institutions.
Loyalty and Gift Solutions – Enables brands to offer loyalty programs, digital gift cards, and promotional campaigns.
E-commerce and Online Payment Tools – Offers APIs and payment gateway services to support digital stores and apps.
Ecosystem which brings together merchants, consumer brands and enterprises, and financial institutions enabling commerce transactions
Full stack, cloud-based, scalable digital infrastructure and transaction platform
Deep partnerships with large merchants, consumer brands and enterprises, and financial institutions.
Experienced, professional management team
Promoter Holding
Pre-Issue
Post-Issue
Equity Dilution Note
The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue