Pine Labs shares crash 20% as six-month IPO lock-in ends; down 31% from issue price by Live mint | May 13, 2026 3:10 pm | Indian Stocks, Market, News 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.