New Delhi, Nov. 11 -- Pine Labs IPO, which opened for subscription on November 7, will close for bidding today, Tuesday, November 11. The mainboard IPO has so far been subscribed over 55%.

The retail category was subscribed 87%, while the Non-Institutional Investor (NII) segment saw 12% subscription. Qualified Institutional Buyers (QIBs) subscribed 64% of their allotted portion, and the employee quota was oversubscribed 4.90 times.

(This is a developing story)

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