Indian fintech firm Pine Labs lists at 9.5% premium in early trading

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BENGALURU -Shares of Indian fintech firm Pine Labs listed at a premium of nearly 10% on the National Stock Exchange of India in pre-open trade on Friday, after a $440 million initial public offering.

The stock listed at 242 rupees, above the issue price of 221 rupees.

(Reporting by Komal Salecha in Bengaluru; Editing by Ronojoy Mazumdar)