Pine Labs share price Highlights: Pine Labs shares close 14% higher than IPO price on market debut day

Pine Labs share price LIVE: 'Can be considered a small part of a diversified portfolio'

"Pine Labs listed at a 9.5% premium to its IPO price of Rs 221, debuting at around Rs 242. Investors should view Pine Labs stock as a growth-oriented, moderately risky investment. It can be considered a small part of a diversified portfolio with a medium to long-term perspective, balancing potential gains from fintech expansion against current losses and execution risks. Close monitoring of quarterly financials and market dynamics is advised post-listing," said Nitin Jain, Sr. Research Analyst at Bonanza.

Pine Labs share price LIVE: 'Long-term gains could be muted'

"Pine Labs has listed at a premium and gained on its first day, commanding a premium as compared to its fintech peers. The higher profit margins compared to its peers and higher growth prospects, especially in international markets, have helped it get a premium. Long-term gains could be muted with future growth built into the current valuation," said Shravan Shetty, Managing Director, Primus Partners.

Pine Labs share price LIVE: Pine Labs shares close 14% higher than IPO price on market debut day

The shares of Pine Labs closed at Rs 251.80 apiece on its market debut day. This marks a 14% rise from the IPO price of Rs 221 apiece. The stock's market capitalisation at the end of the debut day stood at Rs 28,914 crore.

Pine Labs falls 13% from day's high

Pine Labs shares fell 13% from day's high in a volatile session on November 14. At 2:30 pm, the shares were trading 3% higher at after listing at 9.5% premium on BSE.

Deven Choksey highlights challenge for Pine Labs

"Customer acquisition and growing number of digital transactions indicate that underlying prospects (for Pine Labs) are strong," said Deven Choksey managing director at DRChoksey FinServ, "The challenge is making money on a sustainable basis and then valuations."

"There is a valuation frenzy across most consumer-driven technology companies as investors want to have them in their portfolios and they pay premium for that," Choksey added.

Pine Labs share price LIVE: Pine Labs shares now 18% higher than IPO price

Pine Labs shares are currently trading at Rs 260.05 apiece. This marks a 18% rise from the IPO price. The stock has gained around 7.5% since listing earlier during the day.

Pine Labs share price LIVE: 'IPO values the business aggressively relative to peers'

Pine Labs has made a splash in the IPO market, listing at a premium and signalling renewed investor confidence in India’s fintech story, said Jickson Sajee, Research Analyst, INVasset PMS.

The analyst however advised some some caution. "While the revenue growth and first-profit milestone are positives, the IPO values the business aggressively relative to peers — implied P/E multiples run into the thousands if annualised from Q1 profits. Pine Labs also cut its IPO size: existing shareholders trimmed their offer by 44% and the fresh issue by 20%, reflecting the management’s willingness to reduce dilution. Major backers such as PayPal and Mastercard, which had invested when valuations were much lower, now sit on significant paper gains post-listing," he said.

Pine Labs share price LIVE: 'Long-term investors should look at fundamentals'

"Pine Labs' IPO has come at a defining moment for India's digital payments ecosystem. With over 1.3 million merchants and a fast-growing pay-later and loyalty network, the company has clearly built deep infrastructure just a POS business. However, investors will have to carefully evaluate two things: profitability visibility and competitive intensity from UPI-led innovations. The success of the IPO will lie in whether the valuation meaningfully reflects Pine Labs' shift toward subscription-led and omnichannel revenue. If execution stays strong, Pine Labs could emerge as one of India's few scalable fintech platforms. But for long-term investors, it is not brand strength that should attract them, but rather the fundamentals," said Siddharth Maurya, Founder & Managing Director, Vibhavangal Anukulakara Pvt. Ltd.

Pine Labs share price LIVE: Pine Labs shares erase some gains, stock now 17% higher than IPO price

Pine Labs shares have now erased some gains, after surging more than 17% since listing to hit a high of Rs 283.70 apiece. The stock is currently around 7% higher than its listing price at Rs 258.30 apiece. It is still up around 17 percent from its IPO price.

Pine Labs share price LIVE: Here's why investors should remain cautious, according to this analyst

"Despite the strong debut, investors remain cautious because of competitive intensity in fintech/merchant commerce, regulatory-risk in payments, and the need to deliver scaled profitability. The IPO attracted meaningful institutional participation, supported by expectations of continued growth in digital-payments adoption, merchant value-added services expansion, and improved operating leverage. Investors/traders allotted shares may consider booking part of the gain and holding the remainder for the medium to long term, with a stop-loss of 200," said Shivani Nyati, Head of Wealth at Swastika Investmart Ltd.

Pine Labs share price LIVE: About the IPO

The public issue opened on November 7 and closed on November 11. The total issue size is estimated at Rs 3,900 crore. This includes a fresh issue of shares worth Rs 2,080 crore, and an offer-for-sale of 8.23 crore equity shares by key investors including Peak XV Partners, Macritchie Investments, Madison India, Mastercard, and PayPal.

Pine Labs, based out of Noida, operates across in-store point-of-sale terminals, online payment gateways, and prepaid and gift card solutions, serving millions of merchants globally.

The price band for the IPO was set at Rs 210-221 per share, valuing the company at approximately Rs 25,377 crore at the upper end. Investors could bid for a minimum of 67 shares, requiring an investment of Rs 14,807 at the upper price band and in multiples thereafter.

Pine Labs share price LIVE: 'Listing driven by healthy investor confidence'

Shivani Nyati, Head of Wealth at Swastika Investmart Ltd., said: “Pine Labs Limited made a good debut on the stock market, listing at Rs 242 per share, which was a 9.5% premium above its issue price of Rs 221. The listing was driven by healthy investor confidence in Pine Labs’ established footprint as a merchant-commerce and fintech platform offering point-of-sale, QR payments, BNPL, and loyalty services to retailers across India. Pine Labs’ strengths include a wide merchant network, strong bank & payment partner integrations, consistent growth in transaction volumes, and a diversified revenue model that spans payments, credit, and merchant solutions."

Pine Labs share price LIVE: Pine Labs shares jump 17% after listing, stock now 28% higher than IPO price

Pine Labs shares jumped nearly 12% after listing to trade at Rs 282.10 apiece. The stock is now 28% higher than its IPO price.

Pine Labs share price LIVE: Pine Labs shares jump 12% post listing

Pine Labs shares jumped nearly 12% after listing to trade at Rs 270.80 apiece. The stock is now 22.5% higher than its IPO price.

Pine Labs share price LIVE: Pine Labs shares make decent market debut, list at 9.5% premium to IPO price on BSE

The shares of Pine Labs made a decent market debut on November 14, listing at Rs 242 apiece on BSE. This marks a premium of 9.5 percent over the IPO price of Rs 221 apiece. The listing premium has beaten grey market estimates.

This comes after the Rs 3,900-crore IPO of the company was subscribed nearly 2.5 times its offer size between November 7 and November 11. The stock's market capitalisation at debut stood at around Rs 27,800 crore.

Pine Labs share price LIVE: 'Valuation cannot be meaningfully compared on a P/E basis'

Angel One had kept a ‘Neutral’ rating for the IPO. “At the upper price band of ₹221 per share, the company’s valuation cannot be meaningfully compared on a P/E basis as it remains loss-making at the net level and on EV/EBITDA its trading at a premium to its listed peers leading to valuation discomfort despite strong sector and company outlook. Hence, we recommend a “Neutral” rating for investors with a medium to long-term horizon,” it said.

Pine Labs share listing: Should you buy, sell or hold?

Prashanth Tapse, Senior Vice President (Research) at Mehta Equities, said the IPO appeared "slightly priced on the higher side," which was reflected in the subscription numbers. "The Employees’ category witnessed the strongest response with 7.7 times subscription, followed by Qualified Institutional Buyers (excluding anchors) at 4 times, while other investor segments showed muted interest," he said.

Tapse added that the shares are likely to list flat given the moderate subscription trend.

"Considering Pine Labs’ leadership in its segment and focus on technology-driven, high-margin solutions, we recommend that only risk-taking investors hold the stock with a long-term view. New investors may consider waiting for post-listing corrections as a potential entry point," he noted.

Pine Labs LIVE

Pine Labs, based out of Noida, operates across in-store point-of-sale terminals, online payment gateways, and prepaid and gift card solutions, serving millions of merchants globally.

Pine Labs share price LIVE

The share price is expected to list at about 4 percent premium according to pre-listing price on the National Stock Exchange. The stock quoted at Rs 230.10 per share on the NSE, up 4.12 percent.

Pine Labs IPO GMP LIVE

According to IPO Watch, the shares of the company were trading with nearly 3 percent GMP over the issue price in the grey market, ahead of listing.

Pine Labs IPO GMP LIVE

Ahead of listing, the shares of the company were trading with nearly three percent grey market premium (GMP) over the IPO price, according to data on Investorgain. The GMP has increased from the 0.45 percent quoted by the site on the day the IPO closed for public bidding, but is less than the 16 percent quoted earlier this month.

Pine Labs IPO GMP LIVE

Ahead of listing, the shares of the company were trading with nearly three percent grey market premium (GMP) over the IPO price, according to data on Investorgain.

Pine Labs IPO share listing LIVE

The Rs 3,900-crore IPO of the company was subscribed nearly 2.5 times its offer size between November 7 and November 11.

Pine Labs IPO share price

The price band for the IPO was set between Rs 210-221 per share