Pine Labs shares off to a firm start, list at 9.50% premium in Indian stock market

Pine Labs IPO listing: Shares of fintech firm Pine Labs were off to a solid start of Dalal Street despite a tepid response to its initial public offering as they listed at a nearly 10% premium on the exchanges today, November 14.

Pine Labs’ share price debuted at 242 on the BSE and the National Stock Exchange, a premium of 21 or 9.50% over the IPO price of 221.

More to come…

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