Pine Labs IPO Subscription Status
Pine Labs IPO received bids for 24,09,38,834 shares against 9,78,93,739 offered, an overall subscription of 2.46x at the close of bidding (11 Nov 2025). Employees leads at 7.35x, while NII (0.30x) portion is undersubscribed.
Last updated · day 3 figures
- Retail
- 1.22x
- NII
- 0.30x
- QIB
- 4.00x
- Total
- 2.46x
Where the demand is
Pine Labs IPO subscription by category
| Category | Shares offered | Shares bid | Amount bid | Subscription |
|---|---|---|---|---|
| QIB | 5,24,42,127 | 20,97,92,544 | ₹4,636.42 Cr | 4.00x |
| NII | 2,71,91,602 | 80,30,754 | ₹177.48 Cr | 0.30x |
| bNII above ₹10 lakh | 1,81,27,735 | 43,66,323 | ₹96.50 Cr | 0.24x |
| sNII ₹2–10 lakh | 90,63,867 | 36,64,431 | ₹80.98 Cr | 0.40x |
| Retail | 1,81,27,735 | 2,21,42,830 | ₹489.36 Cr | 1.22x |
| Employees | 1,32,275 | 9,72,706 | ₹21.50 Cr | 7.35x |
| Total | 9,78,93,739 | 24,09,38,834 | ₹5,324.75 Cr | 2.46x |
* Shares Offered and Total Amount are calculated based on the upper price of the issue price range. * The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Pine Labs IPO subscription day-wise
| Category | Day 3 |
|---|---|
| QIB | 4.00x |
| NII | 0.30x |
| bNII | 0.24x |
| sNII | 0.40x |
| Retail | 1.22x |
| Employees | 7.35x |
| Total | 2.46x |
| Total added | 2.46x |
Cumulative figures at the end of each day. Read across a row to see how demand built up. Shading deepens as subscription rises above 1x; "Total added" is how much overall subscription grew that day.
Pine Labs IPO reservation
| Category | Shares | Share of issue |
|---|---|---|
| Qualified Institutional Buyers | 5,24,42,127 | 53.57% |
| Non-Institutional Investors | 2,71,91,602 | 27.78% |
| bNII · above ₹10 lakh | 1,81,27,735 | 67% of NII |
| sNII · ₹2–10 lakh | 90,63,867 | 33% of NII |
| Retail Individual Investors | 1,81,27,735 | 18.52% |
| Employee reservation | 1,32,275 | 0.14% |
| Public issue | 9,78,93,739 | 100% |
Allotment Chances Note
These are estimates from the latest application and subscription figures. Actual chances are usually somewhat better, because:
- Not every bid is at the cut-off price. Bids below the final issue price are rejected before the lottery, so fewer applications compete.
- Multiple-lot applications count once. In an oversubscribed retail or sNII portion, each application gets at most one minimum lot in the draw, however many lots it bid for.
- Invalid applications drop out. Unapproved UPI mandates, PAN mismatches and duplicate applications are removed before allotment.
Applying for more lots in the retail category does not improve your odds; applying from separate family accounts does.
Pine Labs IPO subscription: FAQs
- What is the overall subscription of Pine Labs IPO?
- Pine Labs IPO is subscribed 2.46x overall as of day 3 (11 November 2025), with bids for 24,09,38,834 shares against 9,78,93,739 offered.
- What is the retail subscription of Pine Labs IPO?
- The retail portion is subscribed 1.22x as of day 3 (11 November 2025).
- What is the QIB and NII subscription of Pine Labs IPO?
- QIBs have subscribed 4.00x of their portion, and NIIs 0.30x (bNII 0.24x, sNII 0.40x) as of day 3 (11 November 2025).
- How can I check Pine Labs IPO subscription status live?
- This page shows category-wise and day-wise figures and is updated during bidding hours. The same data is published on the BSE and NSE websites under the issue name.
- How do I apply for Pine Labs IPO?
- Apply online through your broker or bank using UPI or ASBA. Choose the IPO, enter the number of lots and bid price (retail investors can bid at the cut-off price), and approve the UPI mandate before the issue closes on 11 November 2025.
Subscription figures are compiled from BSE and NSE bid data and can be revised by the exchanges after the issue closes. For information only; not investment advice.