Pine Labs IPO Allotment Status Finalised; Shares to List on NSE and BSE Tomorrow

Mumbai, November 13: Pine Labs IPO allotment status is finalised, and the company has confirmed that Pine Labs IPO will list on NSE and BSE tomorrow, on November 14. The company will credit the shares and initiate refunds today, November 13. The ₹3,899.91 crore Pine Labs IPO is a combination of a fresh issue of 9.41 crore shares aggregating to ₹2,080.00 crore and an offer for sale of 8.23 crore shares aggregating to ₹1,819.91 crore. The lot size was 67 shares per application. The minimum amount required by a retail investor was ₹14,807 (67 shares) based on the upper price band.

How to Check Pine Labs IPO Allotment Status

Check Pine Labs IPO Allotment Status on KFin Technologies (Registrar Website)

Step 1: Open: https://ipostatus.kfintech.com/

Step 2: Select “Pine Labs Limited” from the dropdown list.

Step 3: Choose one option from these: Application Number, DP/Client ID, or PAN.

Step 4: Based on your selection, enter your details correctly and complete the captcha verification.

Step 5: Click “Submit” to view your allotment status.

Check Pine Labs IPO Allotment Status via NSE

Step 1: Visit https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2: Select Equity & SME IPO bid details.

Step 3: From the dropdown, select PINELABS

Step 4: Once selected, enter the details of the PAN Number and Application Number

Step 5: Click Submit, and it will display the allotment result for your application.

Check Pine Labs IPO Allotment Status on BSE

Step 1: Visit https://www.bseindia.com/investors/appli_check.aspx

Step 2: From the two options under “Issue Type,” select Equity.

Step 3: Select “Pine Labs Limited” from the dropdown menu.

Step 4: Enter only one detail – Application Number or PAN.

Step 5: Complete the Google reCAPTCHA verification and click Search.

Step 6: After submitting, it will display the allotment result for your application.

Pine Labs IPO: Anchor Allocation Details

Ahead of the IPO, Pine Labs raised ₹1,753.83 crore from 71 anchor investors. Key investors included major global and domestic institutions such as SBI Mutual Fund, Aditya Birla Sun Life, ICICI Prudential Life Insurance, Nomura, Franklin Templeton, and HSBC Global. Nearly half of the anchor allocation was subscribed by Indian mutual funds across 30 schemes, underlining high institutional confidence in the company’s fundamentals.

Pine Labs IPO Subscription Status

Pine Labs IPO was subscribed by a total of 2.48 times. QIBs subscribed the issue 3.97 times, retail investors 1.27 times, NIIs 0.30 times, and employees by 7.78 times.

What’s Ahead for Pine Labs IPO?

The allotment status for Pine Labs IPO has been finalised, and the company has started the process of crediting shares and initiating refunds. This marks the second last phase for the Pine Labs IPO, which will list on November 14 to mark the final phase of its IPO. With a strong subscription, investors will now hope for a stellar listing on NSE and BSE.

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