Pine Labs Lists With Strong Premium as Fintech Demand Draws Investors

Pine Labs made its public market debut with a robust 14 percent premium over the issue price, raising Rs 25,377 crore in one of the largest recent fintech listings. The positive response reflected investor confidence in the company’s merchant payments ecosystem and recurring revenue model. Trading activity remained active throughout the session as institutional buyers accumulated early positions. Market watchers said the strong listing signals revived appetite for large-cap digital payments firms after a period of muted fintech offerings.