
What’s the deal?
Pine Labs is going public via IPO for around ₹3,900 crore, with a price band of ₹210–₹221 and a lot size of 67 shares.
It’s a major fintech public offer, so many investors are now looking for:
- When and how to check their allotment status
- What the grey market premium (GMP) signals about listing performance
Here’s a simple, step‑by‑step guide.
How to check your allotment status
The allotment status confirms whether you’ve received shares after applying for the IPO.
1. Key dates to remember
- Bidding opened: 7 November 2025
- Closed: 11 November 2025
- Basis of allotment: 12 November 2025
- Refunds/credit to Demat: 13 November 2025
- Expected listing date: 14 November 2025
2. Ways to check allotment
You can verify allotment status through:
- Registrar website (Kfin Technologies)
- BSE or NSE allotment status page
- Your Demat or trading account
- Your bank account (if funds were unblocked due to non-allotment)
3. Steps on registrar website
- Visit the registrar’s IPO allotment status page
- Select “Pine Labs Limited IPO”
- Enter your PAN, application number, or Demat account ID
- Submit to view whether shares were allotted to you
4. Steps on stock exchange website
- Go to the BSE or NSE allotment section
- Select “Pine Labs” from the list
- Enter your PAN and application number
- Submit and check the result
5. After checking
- If allotted: Shares will appear in your Demat account before listing day
- If not allotted: Expect a refund or release of funds to your bank account
GMP (Grey Market Premium) – What’s the buzz?
GMP shows how IPO shares are trading unofficially before listing. It reflects investor sentiment but isn’t regulated or guaranteed.
Recent Pine Labs GMP trend
- Initially, GMP was high, around ₹60 — showing strong demand
- Just before allotment, GMP dropped to ₹4–₹5
- This suggests reduced excitement and a more cautious outlook
What it means for investors
- A falling GMP may indicate lower listing gains
- A stable or rising GMP shows stronger investor confidence
- GMP is useful for gauging mood, but don’t rely on it alone
Summary: What to do next
- Check your allotment status on or after 12 November
- Use either the registrar site or your broker’s platform
- Keep your PAN and application details ready
- GMP is just an indicator — use it for perspective, not decisions
- Whether you’re allotted or not, review your next steps calmly
FAQs
Q1. When will shares be credited to my account?
On or before 13 November 2025.
Q2. Can I check through my broker’s app?
Yes, most brokers show the status once it’s available.
Q3. Is GMP a reliable indicator?
Not always. It reflects grey market demand, but prices can change quickly.
Q4. Can I receive more than one lot?
Yes, depending on the demand and your investor category.
Q5. Can I sell the shares immediately after listing?
Yes, unless there’s a lock-in. You can sell via your trading platform after the stock lists.







