Chennai: As the first Indian product company to register for new Nasdaq works, US-service software (SaaS) watching Indian investors put more than $ 600,000, or Rs 5 Crore, in the first two days of IPO on a platform such as stockal, finance and scripbox .
It is in addition to euphoria on social media which makes ‘Frsh’ stock the top trend in terms of purchases and search volumes last week, defeating people like Tesla and Microsoft.
A large number of first-time investors from India – especially technicians and parts of the Startup community – also create new accounts to invest in new jobs, studied.
CO-FIRDER FINANCE AND CEO of Viram Shah said that in run-up to the list, investment questions soared and more than Rs 2 Crore had been invested in stockworks until now, and has become the number one stock on the platform of the first three days listing.
There is also a 50% increase in new accounts opened by users, especially to invest in new works.
“We see the same interest when companies such as coinbase and airbnb recently registered on the platform provided.
FRSH is 2x more popular than Robinhood three days after listings,” Shah said.
Calls across the supporting platform asking about investing in new jobs up 30-40% on that day, registered companies, Stockal Co-Founder & CEO of Siswa Srivastava.
More than $ 300,000 has been invested in stockworks and almost 70% of investors belong to the technology sector – a large majority of the southern region of Bengaluru, Chennai and other cities, he added.
“At least 2% of the total stockal user base can be invested in new works today,” he said.
Chief Scripbox Chief Business Officer Prateek Mehta said the search volume for Freshworks had seen a large surge, and remembering only three days, he hoped more would find it soon and eventually would perform better.
Freshworks IPO gets more Indians to enter the US market
