07 Nov 2025 | 5 Mins Read
Pine Labs IPO gets moderate response
Flipitmoney
Pine Labs' Rs 3,900-crore IPO opens for public bidding on November 7 with a 7 percent subscription on Day 1 amidst a decline in grey market estimates. Retail investors subscribed 30 percent, while QIBs and NII subscribed 0 and 3 percent, respectively. The issue will close on November 11 with allotments likely on November 12 and listing on November 14.