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eClerx Lists with 40% Gain
After receiving an excellent
response to its initial
public offering which was
oversubscribed about 30
times, shares of eClerx
Services listed on the
bourses on Monday, December
31, 2007. On the National
Stock Exchange (NSE) eClerx
ended day 1 with a 42.35%
premium at Rs. 448.40 as
against its issue price of
Rs. 315. The stock touched
an intra-day high / low of
Rs. 467.50 and Rs. 340
respectively. It traded with
volumes of 93,16,883 shares
and the turnover was at Rs.
3920 million.
The book running lead
managers to the issue were
JM Financial Consultants
Private Limited and
Edelweiss Capital Limited.
Karvy Computershare Private
Limited was the Registrar to
the issue. |
