Exato Technologies lists at 90% premium on BSE
Business
Exato Technologies just had a standout debut on the Bombay Stock Exchange, opening at ₹266 per share—about 90% higher than its IPO price of ₹133-140.
The buzz was real: investor demand was huge, with the IPO getting subscribed an incredible 881 times between November 28 and December 3.
What's Exato all about?
Started in 2016, Exato is a tech company that's worked with brands like MakeMyTrip and RBL Bank.
Their IPO brought in ₹37.45 crore, pushing their market value to nearly ₹268 crore.
The funds are set to fuel new products, pay off debt, meet working capital needs, and support other general corporate purposes.