What is the subscription status of Pine Labs IPO?

As of Nov 14, 2025, the Pine Labs IPO subscription stands at 2.46× overall, QIB 4.00×, NII 0.30×, Retail 1.22×.

Pine Labs IPO Subscription History

Q: What is the allotment probability for Pine Labs IPO?

Based on current retail subscription of 1.22×, the allotment probability for Pine Labs IPO retail investors is estimated as Good. Decent chance of full allotment.

Q: How can I check Pine Labs IPO allotment status?

You can check your Pine Labs IPO allotment status on the registrar&#039;s website (KFin Technologies Limited) using your PAN number, application number, or DP/Client ID. Alternatively, check through your demat account portal or BSE/NSE websites. Allotment basis date: November 12, 2025.

Q: When will Pine Labs IPO be listed?

Pine Labs IPO listing date is November 14, 2025, on NSE,BSE. Shares will be credited to allottee demat accounts 1 day before listing.

MAINBOARD

Subscription Status · Nov 07 – Nov 11, 2025 · ₹210–221

Full IPO Details

The Pine Labs IPO subscription has recorded healthy investor demand with an overall subscription of 2.46× as of Nov 14, 2025, indicating that investors applied for 2.46 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

QIB subscribed 4.00×, institutional investors have fully covered their reserved quota, reflecting measured confidence in the company's fundamentals.
HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 0.24× and Small NII (below ₹10 lakh) subscribed 0.40×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
Retail investors subscribed 1.22×, the retail quota is fully covered, giving applicants a reasonable chance of receiving their applied lot.

QIB

4.00×

Qualified Institutional Buyers

NII

0.30×

Non-Institutional Investors

bNII

0.24×

Bids above ₹10L

sNII

0.40×

Bids below ₹10L

Retail

1.22×

Retail Individual Investors

Employees

7.35×

Employee Category

Total

2.46×

Oversubscribed

Live Subscription Data

Last updated: Nov 14, 2025, 11:24 AM IST

Overall

2.46×

Category	Shares Offered	Shares Bid For	Times Subscribed
QIB Qualified Institutional Buyers	52,442,127	209,792,544	4.00×
NII Non-Institutional Investors	27,191,602	8,030,754	0.30×
bNII Bids above ₹10L	18,127,735	4,366,323	0.24×
sNII Bids below ₹10L	9,063,867	3,664,431	0.40×
Retail Retail Individual Investors	18,127,735	22,142,830	1.22×
Employees Employee Category	132,275	972,706	7.35×
Total	97,893,739	240,938,834	2.46×

Oversubscribed — 2.46× overall Allotment probability may be lower due to high demand

Day-wise Subscription History

Snapshot of each day's bidding activity

Fri, Nov 14, 2025

2.46×

Category	Offered	Bid For	Times
QIB	52,442,127	209,792,544	4.00×
NII	27,191,602	8,030,754	0.30×
bNII	18,127,735	4,366,323	0.24×
sNII	9,063,867	3,664,431	0.40×
Retail	18,127,735	22,142,830	1.22×
Employees	132,275	972,706	7.35×
Total	97,893,739	240,938,834	2.46×

Frequently Asked Questions

What is the current subscription status of Pine Labs IPO?

As of November 14, 2025, the Pine Labs IPO has been subscribed 2.46 times overall. The IPO is fully subscribed.

When was the Pine Labs IPO subscription window open?

The Pine Labs IPO subscription window was open from November 07, 2025 to November 11, 2025. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Pine Labs IPO?

The Pine Labs IPO has a price band of ₹210 to ₹221 per share, with a lot size of 67 shares. Minimum retail investment: ₹14,070 (lower band) or ₹14,807 (upper band).

What is the QIB subscription for Pine Labs IPO?

The QIB category has been subscribed 4.00 times. QIBs were offered 52,442,127 shares.

What is the Retail subscription for Pine Labs IPO?

Retail investors subscribed 1.22 times. Retail was offered 18,127,735 shares.

What is the NII subscription for Pine Labs IPO?

Overall NII: 0.30×. bNII (>₹10L): 0.24×, sNII (<₹10L): 0.40×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Pine Labs IPO allotment status?

Basis of allotment is on November 12, 2025. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Pine Labs IPO be listed?

Pine Labs IPO is expected to list on November 14, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 2.46× subscription mean for Pine Labs IPO?

A subscription multiple of 2.46× means investors have bid for 2.46 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Pine Labs IPO retail investors?

Based on the current retail subscription of 1.22×, the estimated allotment probability for retail investors is Good. Decent chance of full allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

How to apply for Pine Labs IPO?

You can apply for Pine Labs IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Nov 07 to Nov 11, 2025.

What is the grey market premium (GMP) for Pine Labs IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Pine Labs IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.