Issue Subscribed 39% On Day 2 So Far

Pine Labs’ public issue received cumulative bids for 4.47 Cr shares as against 9.78 Cr shares on offer so far

Retail investors placed bids for 1.43 Cr shares against 1.81 Cr shares reserved, translating to 79% subscription

The fintech company has set a price band of INR 210 to INR 221 for its IPO, which will remain open for subscription until tomorrow

Fintech major Pine Labs’ IPO was subscribed 39% till 12:51 IST today, the second day of bidding. The issue received…