Issue Subscribed 72% On Day 3 So Far

Pine Labs’ public issue received bids for 7.06 Cr shares as against 9.78 Cr shares on offer

The retail investors’ segment was oversubscribed 1.04X, getting bids for 1.88 Cr shares against 1.81 Cr shares reserved

Pine Labs has set a price band of INR 210 to INR 221 for the IPO. Its shares are expected to list on the bourses on November 14

Fintech major Pine Labs’ IPO was subscribed 72% till 12:18 IST on the final day of bidding today. The issue received bids for 7.06 Cr shares as against 9.78 Cr shares on…