Endurance Technologies' jumps 25% on its listing debut; Actis exits Co

UK-based private equity Actis Advisers Pvt Ltd issued a statement saying that it has exited Endurance Technologies via IPO. It had 13.72% stake in the IT company.

Endurance Technologies' jumps 25% on its listing debut; Actis exits Co
Endurance Technologies were trading at Rs 592 on BSE, soaring by Rs 120 per share or 25.30%. Photo: Official Website
Endurance Tech closed up 37% on its debut day. 

Endurance Technologies listed at Rs 570 per share on BSE, at a premium of 20.76% from its upper issue price of Rs 472. On NSE, Endurance Technologies got listed at rs 572, above 21.19% from issue price. 

UK-based private equity Actis Advisers Pvt Ltd issued a statement saying that it has exited Endurance Technologies via IPO. It had 13.72% stake in the IT company.

At 1011 house, shares of Endurance Technologies were trading at Rs 592 on BSE, soaring by Rs 120 per share or 25.30%.

 

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Written By: ZeeBiz WebTeam
Updated: Wed, Oct 19, 2016
03:59 PM IST
Mumbai, ZeeBiz WebDesk
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