India, Aug. 13 -- Shares of enterprise tech startup Unicommerce eSolutions made a stellar debut on the exchanges today (August 13), opening significantly higher than the issue price. On the NSE, the stock listed at INR 235 per share, a premium of 117.59% over its issue price of INR 108. Similarly, on the BSE, it listed at INR 230, reflecting a 112.96% premium.

As of 10:16 AM, Unicommerce eSolutions' stock was trading at INR 220, marking a 103.7% increase from its issue price.

The startup's public issue was oversubscribed 168.3X on the final day of the bidding.

The initial public offering (IPO) saw investors bid for 237 Cr shares as against 1.4 Cr shares on offer, as per BSE data.

The startup had set a price band of INR 102-108 for the...