The stock could not hold on to its gains and ended the session at Rs 1,394.5 — a gain of 35 per cent above its issue price.
Investors, including Fidelity, Nomura, Goldman Sachs, Morgan Stanley, Aberdeen, HSBC, and White Oak, were allotted shares.
The company is a data and technology product and platform company, offering proprietary digital maps-as-a-service .
The company’s digital maps cover 6.29 million kilometres of roads in India, representing 98.5 per cent of India’s road network.
The details are provided across many categories, such as restaurants, retail shops, malls, automated teller machines, hotels, police stations, and electric vehicle-charging stations.
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