ESDS Software makes blockbuster debut: AI stock lists at 76% premium to issue price

ESDS Software Solution made its stock-market debut today, September 4, attracting attention after its IPO received a strong response from investors. The stock is now up 20% in early trade.

Shares of ESDS Software Solutions kicked off trading on a strong note. On the NSE, the stock opened at Rs 757, translating into a 76.46% premium over its IPO issue price of Rs 429. The stock also made a strong debut on the BSE, where it opened at Rs 746.30, marking a 73.96% premium.

The listing comes after a heavily subscribed public issue, with investors putting in bids for the issue more than 142 times the shares on offer.