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Issue Open Date
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07-Nov-25
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Issue Closing Date
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11-Nov-25
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Application Money
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100
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Allotment Money
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Price Band
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210
-
221
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Minimium Application No.
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67
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Issue Size (Shares)
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97893739
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Market Lot
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1
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Objective
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a) Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company.b) Investment in certain of our Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding our presence outside India.c) Investment in IT assets, expenditure towards cloud infrastructure, procurement of digital check-out points (“DCP”) and technology development initiatives.d) General corporate purposes and unidentified inorganic acquisitions.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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27191602
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8030754
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0.295339494892577
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Qualified Institutional Buyers
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52442127
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209792544
|
4.00045833381243
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Retail Individual Investors
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18127735
|
22142830
|
1.2214890608231
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Business Description
We are a technology company focused on digitizing commerce through digital payments and issuing solutions for merchants, consumer brands and enterprises, and financial institutions. Our advanced technology infrastructure helps to accelerate their digitization journey in India and a growing number of international markets including Malaysia, UAE, Singapore, Australia, the U.S. and Africa. Our “Digital Infrastructure and Transaction Platform” comprises in-store and online payment infrastructure, affordability, value added services (“VAS”) such as dynamic currency conversion and transaction processing, and financial technology (“FinTech”) infrastructure solutions and software applications. Our “Issuing and Acquiring Platform” comprises issuing, processing and distribution of prepaid solutions and engagement solutions, along with our unified issuing and acquirer processing platforms. Through our cloud-based software technology we help digitize, simplify and make commerce more secure for our ecosystem of merchants, consumer brands and enterprises, and financial institutions, ultimately empowering them to serve consumers and enable consumption.
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Promoter's Holding
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Total Share Capital
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Offered to Public
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97893739
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Promoter's Holding (Pre-Issue)
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Promoter's Holding (Post-Issue)
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Address |
Unit No. 408
4th Floor
Time Tower
M G Road D L F Qe
Gurgaon,
Haryana,
122002
Phone : 022 69863600
Email : cosecy@pinelabs.com
Website : www.pinelabs.com
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Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
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Listed at |
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BSE, NSE
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Lead Manager |
Axis Capital Ltd.
Citigroup Global Markets India Pvt Ltd.
Jefferies India Pvt Ltd.
JP Morgan India Pvt Ltd
Morgan Stanley India Co Pvt Ltd
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Promoters |
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