Mumbai, Nov. 14 -- The stock was listed at Rs 242, exhibiting a premium of 9.5% to the issue price.

So far, the stock has hit a high of 254 and a low of 234.05. On the BSE, over 28.22 lakh shares of the company were traded in the counter so far.

The initial public offer of Pine Labs received bids was subscribed 2.46 times. The issue opened for bidding on 7 November 2025 and it closed on 11 November 2025. The price band of the IPO is fixed between Rs 210 and 221 per share.

The issue comprised an offer for sale of 8.23 crore equity shares from an investor selling shares to raise Rs 1729-1820 crore. The company is a professionally managed company, and there is no identifiable promoter.

Out of the net proceeds from the fresh issues of sha...