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Pine Labs IPO GMP Today.

Pine Labs IPO Day 2 GMP, Price, Allotment & Listing Date: Fintech firm Pine Labs is witnessing the second day of its Rs 3,899.91-crore initial public offering (IPO). The IPO, whose price has been fixed at Rs 210-221 apiece, will be closed tomorrow, Tuesday, November 11. The IPO received subdued 0.13x subscription on the first day of bidding on Friday.

The company raised Rs 1,754 crore from anchor investors on Thursday, a day before the IPO.

The anchor book saw participation from 71 funds, including Franklin Templeton, Nomura, Morgan Stanley Asia Singapore Pte Ltd, Amundi Funds New Silk Road, Massachusetts Institute of Technology, BNP Paribas and Eastspring Investments, according to a circular uploaded on BSE’s website.

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