EdServ Softsystems trades at a premium of 74% on debut day

EdServ Softsystems has made its debut at discount but recovered to trade at a premium. The scrip is currently trading at Rs 104.55 up by 74.25% from its listing price on the BSE.

The scrip has been listed at its issue price of Rs 60. It made its opening at Rs 55 on the BSE and has touched a high of Rs 107.70 while its opening remains its low till now. So far 9048226 shares were traded on the BSE.

Earlier the company came up with an initial public issue of 39,73,908 equity shares of Rs 10 each with an objective to expand their humanware education and deployment system business up to 200 centers.