Overview

• The demerger concluded on June 11, with Digitide Solutions and Bluspring Enterprises debuting on both the NSE and BSE.
• Digitide Solutions opened at Rs 245 per share, reflecting a 58.24% premium over its Rs 154.83 spin-off price and valuing the company near Rs 3,650 crore.
• Bluspring Enterprises listed at Rs 86.95 per share, marking a 43.84% decline from its Rs 154.83 spin-off price and a market cap just below Rs 1,300 crore.
• Both stocks hit the 5% lower trading circuit on their maiden session and are subject to ’T’ group restrictions for the first ten days.
• Quess Corp set the record date for the spin-off on April 15, 2025 after announcing the demerger plan in February 2024 and securing NCLT approval.