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PINELABSEQ / NSE, BSEListed

Pine Labs Limited

Founded in 1998 and headquartered in Noida, Pine Labs is a leading Indian merchant commerce platform that offers POS solutions, payment processing, and merchant financing services. It helps businesses of all sizes—from small retailers to large enterprises—adopt digital payment technologies and enhance customer experiences. The company’s offerings include smart POS devices that accept multiple payment modes, Buy Now Pay Later (BNPL) options, short-term financing for merchants, loyalty and gift solutions, and online payment tools for e-commerce platforms. As of December 31, 2024, Pine Labs served over 9 lakh merchants and worked with major brands like Amazon Pay, LG Electronics, Flipkart, and banks such as HDFC, Axis, and ICICI. Over the years, Pine Labs has grown from a simple card payment provider into a comprehensive fintech platform driving India’s cashless retail transformation.

₹210 - ₹2212.48x sub
Listed Price242.00
Listing Gain+9.50%
TimelineBookbuilding IPO
Open07 Nov 2025
Close11 Nov 2025
Allotment12 Nov 2025
Listing14 Nov 2025

Quota Reservation Portions

AnchorPortion: 7,93,58,986 shares
44.97%
QIBPortion: 5,28,97,083 shares
29.98%
HNIPortion: 2,64,51,214 shares
14.99%
RetailPortion: 1,76,34,143 shares
9.99%
EmployeePortion: 1,25,000 shares
0.07%

Minimum Application Bracket Matrix

Retail1 lots / 67 shares
₹14,807
sHNI14 lots / 938 shares
₹2,07,298
bHNI68 lots / 4,556 shares
₹10,06,876

About the Company

Founded in 1998 and headquartered in Noida, Pine Labs is a leading Indian merchant commerce platform that offers POS solutions, payment processing, and merchant financing services. It helps businesses of all sizes—from small retailers to large enterprises—adopt digital payment technologies and enhance customer experiences. The company’s offerings include smart POS devices that accept multiple payment modes, Buy Now Pay Later (BNPL) options, short-term financing for merchants, loyalty and gift solutions, and online payment tools for e-commerce platforms. As of December 31, 2024, Pine Labs served over 9 lakh merchants and worked with major brands like Amazon Pay, LG Electronics, Flipkart, and banks such as HDFC, Axis, and ICICI. Over the years, Pine Labs has grown from a simple card payment provider into a comprehensive fintech platform driving India’s cashless retail transformation.

Company Promoters

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