Curefoods IPO vs Pine Labs IPO

Comparison between Curefoods IPO and Pine Labs IPO.

IPO Details

Curefoods IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Pine Labs IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Curefoods IPO is up to ₹0.00 Cr whereas the issue size of the Pine Labs IPO is up to ₹3,900.17 Cr. The final issue price of Curefoods IPO is and of Pine Labs IPO is ₹221.00 per share.

 Curefoods IPOPine Labs IPO
Face Value₹1 per share₹1 per share
Issue Price (Lower)₹210.00 per share
Issue Price (Upper)₹221.00 per share
Issue Price (Final)₹221.00 per share
Discount (Retail)
Discount (Employee)₹21.00 per share
Market Lot Size67 shares
Fresh Issue Size0 shares9,41,29,524 shares
Fresh Issue Size (Amount)up to ₹800.00 Crup to ₹2,080.26 Cr
OFS Issue Size4,85,37,599 shares8,23,48,779 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹1,819.91 Cr
Issue Size Total0 shares17,64,78,303 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹3,900.17 Cr

IPO Timetable

Curefoods IPO opens on , while Pine Labs IPO opens on Nov 07, 2025. The closing date of Curefoods IPO and Pine Labs IPO is , and Nov 11, 2025, respectively.

Financials & KPIs

Curefoods IPO P/E ratio is , as compared to Pine Labs IPO P/E ratio of -160.13.

 Curefoods IPOPine Labs IPO
Financials

Company Financials (Restated Consolidated)

Curefoods India Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 2% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,042.71866.15952.53
Total Income775.49635.09411.55
Profit After Tax-169.97-172.61-342.73
EBITDA-57.59-82.77-275.67
NET Worth510.17454.69555.10
Reserves and Surplus510.13454.66555.07
Total Borrowing195.88124.11131.18
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Pine Labs Ltd.'s revenue increased by 28% and profit after tax (PAT) rose by 57% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets10,904.3210,715.749,648.569,363.21
Total Income653.082,327.091,824.161,690.44
Profit After Tax4.79-145.49-341.90-265.15
EBITDA120.56356.72158.20196.80
NET Worth2,327.55-2,244.27-2,035.24-1,764.77
Total Borrowing888.74829.49532.92329.51
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.430
Promoter Shareholding (Post-Issue)0
P/E Ratio-160.13
Market Cap₹25376.65 Cr.
ROE-32.90%
ROCE-20.45%
Debt/Equity0.38
EPS₹-1.38
RoNW-31.29%-4.15%

Shares Offered

In the Curefoods IPO Retail Individual Investors (RII) are offered while in Pine Labs IPO retail investors are offered . Qualified Institutional Buyers (QIB) are offered in Curefoods IPO and 5,29,05,992 shares in Pine Labs IPO.

 Curefoods IPOPine Labs IPO
Anchor Investor Reservation7,93,58,986 shares
Market Maker Reservation0 shares
QIB5,29,05,992 shares
NII2,64,52,995 shares
RII1,76,35,330 shares
Employee1,25,000 shares
Others
Total17,64,78,303 shares

Bids Received (Subscription)

Curefoods IPO subscribed in total, whereas Pine Labs IPO subscribed 2.48x.

 Curefoods IPOPine Labs IPO
QIB (times)3.97x
NII (times)0.30x
Big NII (times)0.25x
Small NII (times)0.42x
RII (times)1.27x
Employee (times)7.78x
Other (times)
Total (times)2.48x

Compare with others

Compare:

Curefoods IPO Vs Pine Labs IPO