ESDS Software’s generates 76% premium over its IPO price: Big gains for investors

ESDS Software IPO has registered stellar listing gains on the stock market today. The company's shares were listed on the NSE at Rs 757, recording a 76.46% premium to the IPO price. The shares also listed on the BSE at Rs 746.30, which marks a 73.96% premium. The Rs 720-crore issue received tremendous response by attracting about 136 times the subscription.

Kolkata: Shares of ESDS Software Solutions made a strong entry into the stock market on Friday. The company’s shares were listed on the NSE with a premium of over 76%. Prior to the IPO, gray market listings were predicting a 57% to 72% premium, but the listing premium exceeded the expectations. ESDS Software Solutions shares were listed on the NSE at Rs 757 per share recording........

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