ServiceTitan, a software startup specializing in tools for HVAC and related service industries, made a stellar debut on the US stock market, pricing its initial public offering (IPO) at $71 per share.

The IPO includes a fresh issue of Rs 1,475 crore and an offer for sale of up to Rs 2,750 crore by BCP Asia II TopCo Pte Ltd. On the upper price band, the total mcap will be around Rs 16545 crore.

Software startup ServiceTitan priced its U.S. initial public offering at $71 per share, it said on Wednesday, in an IPO that could see it raise $624.8 million. The IPO was priced above the company's previously indicated range of $65 to $67 and values it at around $6.

Key Takeaways ServiceTitan raised its estimate for the pricing of its stock in its planned initial public offering to $65 to $67 per share, up from $52 to $57 per share it announced just last week.The company,