India, Sept. 4 -- Enterprise cloud and AI company ESDS Software Solution made a bumper stock market debut today, with its shares listing at Rs.757 on the NSE, a premium of 76.5% over the issue price of Rs.429.

On the BSE, the stock listed at Rs.746.30, marking a gain of nearly 74% over the issue price. The listing price gave ESDS a market capitalisation of Rs.8,747.5 Cr (about $925.6 Mn) on the BSE.

ESDS had set a price band of Rs.408 to Rs.429 per share for the public issue, seeking a valuation of about Rs.5,028 Cr (about $527 Mn). The company's Rs.720 Cr IPO comprised entirely a fresh issue of shares.

The IPO was fully subscribed within hours on the first day of bidding, and was subscribed 135.88X by the end of the third and final da...