Salutations, buddies! This is a unique day for stock market enthusiasts. Digital payment solutions firm Pine Labs made its debut on the Indian stock exchange on November 14, 2025. This company’s eagerly anticipated initial public offering (IPO) has finally arrived.
Pine Labs’ IPO was open from November 7 to November 11, and the share allotment process was completed on November 12. Today, November 14, Pine Labs shares were listed on both the BSE and NSE. The IPO price range was fixed at ₹210 to ₹221 per share. The company raised a total of ₹3,899.91 crore through this book-building process, which included a fresh issue and an offer for sale (OFS). The IPO received a total subscription of 2.46 times.
Listing and Performance of Pine Labs
The listing price of Pine Labs shares was ₹242 per share, which was 9.5% more than the ₹221 IPO price. Early trading saw eager investors, and by the end of the day, the stock had acquired even more momentum. The stock closed at ₹252 on the NSE and ₹251.30 on the BSE. This amounts to a premium over the IPO price of 13.94% and 14.03%, respectively.
The Pine Labs Business Model
Pine Labs’ primary revenue source is its digital payment platform. Value-added services (VAS), internet payments, and in-store payments are its primary income streams. By collaborating with other financial institutions and commercial clients, the company also makes money from transaction fees. Another source of income for Pine Labs is its issuance and acquisition platform.
The business has established enduring relationships with a number of significant and esteemed clients thanks to its services. Croma, HDFC Bank, LG Electronics, Trent, HPCL, and Apollo Pharmacy are a few of these companies, some of which have been partners for more than ten years.
Recommendations for Investors
In addition to being appealing to investors, Pine Labs’ IPO increased confidence due to its impressive stock market success. The company is a dependable investment due to its long-term business plan, robust customer base, and stability in the digital payments industry.
F&Q
Q1: When was Pine Labs’ IPO listed?
A1: Pine Labs’ IPO is listed on the BSE and NSE on November 14, 2025.
Q2: What was the price of Pine Labs at the time of stock listing?
A2: The shares opened at ₹242 and closed at ₹252 on the NSE and ₹251.30 on the BSE.
Q3: What is the company’s core business model?
A3: Pine Labs generates revenue through in-store and online payments, VAS, transaction fees from financial institutions, and issuing/acquiring platforms.
Q4: Who are the company’s key clients?
A4: Pine Labs’ key clients include reputable companies such as Croma, HDFC Bank, LG Electronics, Trent, HPCL, and Apollo Pharmacy.
Disclaimer: This article is for informational purposes only. Always consult your financial advisor before investing.
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