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Pine Labs IPO

Open 7th Nov 2025 · Close 11th Nov 2025 · Listing 14th Nov 2025

Verified 2026-08-2489% data coverage
Issue Price₹221.00
Listing Price₹242.00
Current Price
Listing Gain9.50%
Current Return

IPO Objectives

Pine Labs IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Repayment / prepayment, in full or in part, of certain borrowings availed of by Company and certain of Subsidiaries,₹532.00 Cr
2Investment in certain of Subsidiaries, namely Qwikcilver Singapore, Pine Payment Solutions, Malaysia and Pine Labs UAE for expanding presence outside India₹60.00 Cr
3Investment in IT assets, expenditure towards cloud infrastructure, technology development initiatives and procurement of DCPs₹760.00 Cr
4General corporate purposes and Unidentified Inorganic Acquisitions₹626.33 Cr
5Issue Expenses₹194.00 Cr
6Total₹2,172.33 Cr