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  3. Pine Labs shares crash 20% as six-month IPO lock-in ends; down 31% from issue price
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  • 13 May 2026
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 Pine Labs shares crash 20% as six-month IPO lock-in ends; down 31% from issue price

Pine Labs shares dropped 20% to ₹151 on May 13 as a six-month lock-in for pre-IPO investors ended, allowing 92.4 crore shares to trade. The stock has declined 31.6% from its IPO price of ₹221.

Pine Labs shares crash 20% as six-month IPO lock-in ends; down 31% from issue price

A Ksheerasagar

Ksheera Sagar has been working as a Market Research Analyst at LiveMint for the past four years, covering stocks, commodities, and broader financial markets. In this role, he closely tracks daily market movements, corporate earnings, sector trends, and macroeconomic developments. He has over a decade of experience in the financial services industry and has previously worked with multiple organisations, including global investment bank J.P. Morgan, bringing strong research experience into the newsroom. During his career, he has gained extensive exposure to equity research, market analysis, and financial data interpretation, strengthening his expertise across asset classes and market cycles. He is known for his data-driven analysis and crisp, listicle-style market stories that break down complex financial developments across key markets for a wide audience. His strong research skills enable him to write detailed and insightful stories on stocks and sectors, focusing on the underlying factors driving market movements. His work combines quantitative insights with clear storytelling, presenting financial developments in a clear and structured manner. Moreover, he enjoys writing multibagger and listicle-style copies. Outside of work, Ksheera enjoys playing the piano and exploring new places. He has a keen interest in travel, music, and continuously learning about global markets and economic trends.

Source: Livemint

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