Shares of business software company Freshworks Inc opened nearly 21% above the offer price in their Nasdaq debut on Wednesday, giving the Salesforce.com rival a market capitalization of $12.2 billion.
The stock opened at $43.50 per share, compared with its initial public offering price of $36 per share.
(Reporting by Niket Nishant in Bengaluru; Editing by Amy Caren Daniel)