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Pine Labs shares surge 28% on debut trade, close with 14% gain
Financial Express Kolkata
|November 15, 2025
SHARES OF FINTECH firm Pine Labs rose as much as 28% intra-day from its initial public offering (IPO) price of ₹221, after listing at ₹242 on both the bourses with around 10% premium.
The company's market valuation stood at ₹28,936.56 crore and ₹28,856.19 crore, on the NSE and BSE, respectively
The stock closed at ₹252 on the NSE, up 14% over the issue price, with around half the total gains erased.
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