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Pine Labs IPO opens with total issue of ₹3,899.91 crore
Pine Labs IPO opened with a total issue of ₹3,899.
Pine Labs opened its IPO subscription on November 7, 2025, with a total issue size of ₹3,899.91 crore, comprising a fresh issue of ₹2,080 crore and an offer for sale of ₹1,819.91 crore. The company provides merchant payment solutions and fintech services, with rapid expansion in India and Southeast Asia. Analysts highlighted robust revenue growth of ₹1,850 crore and a net profit of ₹410 crore in FY25.
Subscription trends and investor participation were closely monitored on the first day, with significant interest observed from institutional investors and retail participants.