10 Nov 2025 | 3 Mins Read
Pine Labs IPO gets 18% subscription on Day 2
Flipitmoney
Pine Labs' IPO received 18% subscription on the second day, with bids for 1.76 crore shares against 9.78 crore shares on offer. Retail investors are subscribed 76%, non-institutional investors 10%, and qualified institutional buyers 2% by 11:45 a.m. on Monday. The IPO concludes on November 11 with a fixed price band of Rs 210-221 per share.