Planisware made its debut on the Paris Bourse on Thursday morning, with share prices up sharply on the IPO price, which had been set at 16 euros.

At around 10:00 a.m., shares in the French software company - which is currently trading in the form of promissory notes - were trading above 20 euros, showing an increase of over 26%.

At current levels, its market capitalization exceeds 1.4 billion euros.

The IPO - the largest in the technology sector on Euronext in Paris since that of OVH Cloud in 2021 - has generated strong demand from investors.

The order book for the operation was covered just one hour after the launch of the offer.

The project management specialist notes that several leading French and international institutional investors have acquired a stake in its capital, including Invesco and T. Rowe.

Planisware's founders are expected to retain a majority stake in the capital, as well as an active role in the company's management.

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