Pine Labs IPO: GMP hovers around 5%; should you hit buy button or give it a miss? What analysts say

Pine Labs, a leading digital payments firm, has launched its IPO to raise Rs 3,900 crore, with shares priced between Rs 210-221. The company reported strong revenue growth and narrowed losses in FY25. Analysts suggest subscribing for long-term investment, citing its potential in India’s expanding digital payments market.