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    PINE LABS LTD.

    29 May 2026 | 12:00

    Industry >> IT Consulting & Software

    Select Another Company

    ISIN No INE15B701018 BSE Code / NSE Code 544606 / PINELABS Book Value (Rs.) 33.29 Face Value 1.00
    Bookclosure 52Week High 284 EPS 0.98 P/E 147.49
    Market Cap. 16593.74 Cr. 52Week Low 135 P/BV / Div Yield (%) 4.34 / 0.00 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    Our Company was incorporated as `Pine Labs Private Limited' at New Delhi, India as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated May 18, 1998 issued by the Registrar of Companies, Delhi and Haryana at New Delhi ("RoC"). Prior to 2014, our Company offered payment solutions to accept credit and debit cards, which streamlined transactions and allowed for equated monthly instalments, loyalty benefits and other promotions. For further details, see "- Major events and milestones of our Company" on page 293. Subsequently, our Company was converted to a public limited company and the name of our Company was changed to `Pine Labs Limited' pursuant to a Board resolution dated May 9, 2025 and a Shareholders' resolution dated May 16, 2025, and a fresh certificate of incorporation dated June 6, 2025 was issued by the RoC.

    Major Events and Milestones:
    1998
    - Incorporated as Pine Labs Private Limited and started operations in India

    2005
    - Launched `Plutus': A payment solution to accept credit and debit cards, which streamlines transactions and allows for equated monthly instalments, loyalty benefits and other promotions, India

    2013
    - Launched PayLater in India

    2014
    - Launched PinePerks (a part of PineLabs Prepaid): A customizable rewards and gifting solution platform, in India

    2017
    - Expanded our operations to Malaysia

    2019
    - Acquired Qwikcilver (a part of PineLabs Prepaid)

    2020
    - Invested in Fave, and subsequently fully acquired Fave

    2021
    - Launched Plural (now Pine Labs Online), in India

    2022
    - Acquired QFix
    - Acquired Mosambee
    - Acquired Setu

    2023
    - Acquired Credit+

    2025
    - Merged with Pine Labs Singapore through the Scheme of Arrangement
    Setu launches India's first Agentic Bill Payments Experience on ChatGPT and Claude.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

    Way2Wealth Commodities Private Limited - CIN U51229KA2006PTC039880 Stock Broking: SEBI Regn No.: INZ000049130 | Exchange Membership ID: NCDEX : 00908

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