Excelsoft Technologies, which listed at a premium to issue price, saw a gain of up to 19%.
EXCELINDUS On Wednesday, November 26, Excelsoft Technologies Ltd. shares were listed on the bourses at ₹135, a 12.5% premium over their issue price of ₹120.
After listing, the share price increased by almost 19% to ₹142.59 per share.
Subscriptions for the vertical software-as-a-service (SaaS) company's ₹500 crore first public offering (IPO) were accepted from November 19 to 21. It included an offer-for-sale (OFS) from current shareholders worth ₹320 crore and a new issue of shares at ₹180 crore.
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