Pine Labs IPO Shows High Activity in Grey Market With Strong Premium

Pine Labs continued to record heavy interest in the grey market, with the premium reported at ₹250.89 during the latest session. The level reflected active trading in unlisted market channels based on data from market trackers. The company’s IPO is aimed at raising funds for expansion across payments and merchant solutions, as stated in its official filing. Subscription numbers and GMP data were tracked across reported platforms that monitor unlisted price movement.