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Monday, December 31, 2007
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Equity News
Dec 31 2007 10:01AM
Shares in eClerx list up 19.1 pct

MUMBAI, Dec 31 (Reuters) - Shares of eClerx Services Ltd <ECLE.BO> listed at 375 rupees on Monday, up 19.1 percent from its issue price of 315 rupees a share.

Its shares were trading at 370 rupees on the BSE at 9:56 a.m. (0426 GMT) after touching a high of 390 rupees.

The company has raised 5.94 billion rupees through its initial public offering of 18.87 million shares.

eClerx provides data analytics and customised process services to enterprises.

The funds raised would be used in acquisitions, investments in infrastructure and setting up additional facilities. (Reporting by Janaki Krishnan) (([email protected]; +91 22 6636 9059; Reuters Messaging: [email protected])) Keywords: ECLERX SERVICES/LISTING

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