Endava, which provides outsourced IT development services, raised $127 million by offering 6.3 million shares at $20. The company had filed to raise $101 million by offering 5.6 million shares at a range of $17 to $19.
Endava plans to list on the NYSE under the symbol DAVA. Morgan Stanley, Citi, Credit Suisse and Deutsche Bank acted as lead managers on the deal.
