The shares of Pine Labs Ltd were first listed on the stock exchanges on 14 Nov 2025.
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Lot size
The shares of Pine Labs Ltd were first listed on the stock exchanges on 14 Nov 2025.
The total issue size of the Pine Labs Ltd IPO is 3899.91
The minimum lot size for Pine Labs Ltd public issue was 67.00 shares.
The price band of the IPO of Pine Labs Ltd was 221.00 to 0.00 per equity shares.
Our Company was incorporated as `Pine Labs Private Limited' at New Delhi, India as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 18, 1998 issued by the Registrar of Companies, Delhi and Haryana at New Delhi (RoC). Subsequently, our Company was converted to a public limited company and the name of our Company was changed to `Pine Labs Limited' pursuant to a Board resolution dated May 9, 2025 and a Shareholders' resolution dated May 16, 2025, and a fresh certificate of incorporation dated June 6, 2025 was issued by the RoC.
KFin Techologies Ltd is the registrar and share transfer agent of Pine Labs Ltd IPO.
Initial public offering of up to 176,478,303 equity shares of face value of Re. 1/- each (Equity Shares) of Pine Labs Limited (the Company or the Company) for cash at a price of Rs. 221 per equity share (including a Share Premium of Rs. 220 per Equity Share) (Offer Price) aggregating up to Rs. 3899.91 crores comprising a fresh issue of up to 94,129,524 equity shares of face value of Re. 1/- each aggregating up to Rs. 2080.00 crores by the company (Fresh Issue) and an offer for sale of up to 82,348,779 equity shares of face value of Re. 1/- each aggregating up to Rs. 1819.91 crores (Offered Shares) by the selling shareholders. The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities aggregating up to Rs. 520.00 crores, as may be permitted under applicable law, prior to filing of the (pre-ipo placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957, as amended. the pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken).The offer includes a reservation of up to 125,000 equity shares of face value of Re. 1/- each, aggregating up to Rs. 2.5 crores (Constituting up to 0.01% of the post-offer paid-up equity share capital), for subscription by eligible employees (As Defined Hereinafter) (Employee Reservation Portion). The company, in consultation with the brlms, may offer a discount of up to 9.50% of the offer price to eligible employees bidding in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 15.37% and 15.36% of the post-offer paid-up equity share capital of the company, respectively. A discount of Rs. 21 per equity share is being offered ti eligible employees bidding in the employees reservation portion.