New Delhi, Sept. 10 -- ESDS Software Solution has delivered one of the most explosive post-listing rallies in recent memory. In just five trading sessions, the AI and cloud infrastructure company's stock has surged from its Rs.429 IPO price to above Rs.1,560, turning successful IPO applicants into investors with gains of around 264%.

On Thursday, September 10, the stock jumped 10% to Rs.1,560.35 per share on the BSE after opening at Rs.1,525. In the previous session as well, the stock had hit its 10% upper circuit. Before that, it had hit its 20% upper circuit for two straight sessions.

ESDS Software Solution shares were listed at Rs.757 on the NSE on September 4, a 76.46% premium over the IPO issue price of Rs.429 per share. On the BSE...