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New Delhi, Nov 11 (PTI) The initial public offer of Pine Labs got fully subscribed on the last day of the initial share sale on Tuesday.

The company’s IPO received bids for 12,60,11,724 shares as against 9,78,93,739 shares on offer, translating into 1.29 times subscription as per data available with the NSE till 1400 hours.

The portion for qualified institutional buyers subscribed 1.90 times, while the retail individual investors’ part received 1.10 times subscription. The portion for non-institutional investors subscribed 21 per cent.

On Monday, the initial public offering (IPO) of Pine Labs received 54 per cent subscription on the second day of share sale.

Fintech firm Pine Labs on Thursday raised Rs 1,754 crore from anchor investors.

The company’s Rs 3,900

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