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3i Infotech closes below issue price

Our Bureau

Mumbai , April 22

SHARES of 3i Infotech made their debut on the BSE at Rs 105.15 as against the issue price of Rs 100. However, the stock closed the session at Rs 97.80. It touched a high of Rs 107.90 and a low of Rs 95.55 for the day.

At the NSE, the stock opened at Rs 118 and closed at Rs 96.20. The high and the low for the day were Rs 118 and Rs 96, respectively.

The company had raised Rs 230 crore through its initial public offering.

3i Infotech, formerly known as ICICI Infotech, provides IT solutions to banking, finance and insurance among other sectors.

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