Quess Corp makes stellar debut, stock surges 58% - News Summed Up

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Quess Corp makes stellar debut, stock surges 58%


Set up in 2007, Quess Corp offers comprehensive solutions, including recruitment, temporary and technology staffing as well as IT products and solutions. Staffing firm Quess Corp has made a spectacular debut at bourses, with its shares surging nearly 58% as against the issue price of Rs 317. The initial public offer of Quess Corp was oversubscribed a staggering 145 times earlier this month, emerging as the most oversubscribed IPO in the last 9 years. The stock listed at Rs 499 on the BSE and later touched a high of Rs 507.80, up 60.18%. The stock listed at Rs 499 on BSE, a huge premium of 57.41% over the issue price.


Source: dna July 12, 2016 06:11 UTC



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