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ine Labs IPO GMP Day 1 live updates: Fintech unicorn Pine Labs has launched its ₹3,900-crore IPO with a price band of ₹210–₹221 per share and a market lot of 67 shares. The issue includes a ₹2,080-crore fresh issue and an ₹1,819.9-crore OFS. Funds will be used to repay debt, upgrade tech infrastructure, and expand into international markets. The company, backed by marquee investors such as Temasek, Mastercard, and Peak XV Partners, raised ₹1,754 crore from 71 anchor investors on Thursday.
- November 7, 2025 09:57
Get more details on Pine Labs IPO
Pine Labs IPO opens in ₹210-221 band, market lot 67 shares
Pine Labs’ IPO opens at ₹210-221, aiming to raise ₹3,900 crore with a lot size of 67 shares.
- November 7, 2025 09:56
Pine Labs Live: Focus on tech, debt repayment, and expansion
Proceeds from the IPO will be used to repay ₹532 crore of debt, strengthen Pine Labs’ cloud and IT infrastructure, and fund international expansion through subsidiaries in Singapore, Malaysia, and the UAE.
- November 7, 2025 09:55
Pine Labs IPO: Strong anchor book boosts sentiment
The anchor portion saw robust participation from global and domestic investors such as Morgan Stanley Asia, Amundi Funds, and ICICI Prudential Life Insurance. The company allotted 7.93 crore shares at ₹221 apiece.
- November 7, 2025 09:54
Pine Labs IPO Live: Countdown to listing begins
Pine Labs’ ₹3,900-crore IPO opens for subscription at 10 AM today. The fintech firm, backed by Temasek and Peak XV Partners, has set a price band of ₹210–₹221 per share with a market lot of 67 shares. The issue will close on November 11.
Published on November 7, 2025