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Monday, 4 April 2016

Infibeam Performing Great on Stock Market Debut

On Monday Morning Session, Infibeam Incorporation has given a wonderful opening on its Stock Market Debut. The company has raised 450 crore rupees through its Initial Public Offer (IPO) and listed the shares today. In India, it is the first time any e-commerce company has got listed. Infibeam is a portal that avails online retailing, e-commerce software and internet services. Mr. Vishal Mehta the CEO has founded the company in 2007 and established the root in Ahmadabad. Now the company has offices in Delhi, Bangalore and Mumbai with having around 1300 employees. As the company is totally new in the market it might face some difficulties at initials, but in Indian Stock Market the company has been performing great since morning. Infibeam Stock is currently live at 452.25 with the hike of 22.25 points which is around 4.69%.
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