Info-Tech system was officially listed on the SGX main board on Friday (July 4). The opening price was 0.95 yuan, which once rose to 0.98 yuan. The closed market price fell to 0.91 yuan, up 4.6% from the IPO issue price of 0.87 yuan.
Dilip Babu, one of the company's co-founders, holds 106.875,000 shares, and the other founder, Li Jinxing, holds 70.625,000 shares. When the shares held by the two ended, they reached 97.25 million yuan and 64.27 million yuan respectively.
The software company Info-Tech Systems closed at 0.91 yuan on the first trading day, with the two founders' net worth reaching RMB 97.25 million and RMB 64.27 million respectively.
is headquartered in Singapore-based Info-Tech and currently operates in four countries. It is also the first pure-play SaaS human resources management and accounting software provider to be listed on the SGX.