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Mumbai, March 7 IT solutions provider GSS America Infotech Ltd today made its debut at a discount of 5 per cent against the issue price of Rs 400, as per data available on the NSE.

Though it opened at Rs 380, it touched a high of Rs 540 during the intraday and a low of Rs 370, before closing at Rs 500.80, according to latest data available on the NSE.

Whereas, on the BSE, it opened at the issue price of Rs 400, which is also the intraday low the scrip traded at. The scrip during the intraday touched a high of Rs 508.35 before closing the day at Rs 500.65.

GSS America Infotech recently hit the market with an IPO of 34.97-lakh equity shares, which was subscribed 1.08 times. .

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