Excelsoft Technologies IPO Status Analyzed
The Excelsoft Technologies Initial Public Offering (IPO) is nearing completion, and investors are eagerly awaiting the results. The IPO saw incredibly strong demand, with bids exceeding the initial offer by a significant margin. This indicates a high level of confidence in the company’s potential.
Key Points
- Strong investor demand: IPO subscribed 43.19 times – impressive!
- QIBs led the way: Booked 47.55 times, showing strong interest.
- NIIs showed immense enthusiasm: Booked 101.69 times – very positive.
- Retail investors had lower demand: Subscribed 15.62 times.
- Allotment expected today: Final results announced soon.
- Check status online: BSE & NSE websites for quick updates.
The IPO was open for subscription from November 19th to 21st, 2025. Following the allotment process, the company will begin refunding unallocated shares and transferring shares to investor demat accounts on November 25th, 2025. The shares are scheduled to list on the BSE and NSE on November 26th, 2025.
Grey market activity offers a glimpse of potential listing prices. Unlisted shares of Excelsoft Technologies were trading at ₹128 per share, representing a 6.67% premium over the IPO’s upper price band of ₹114 to ₹120. This indicates market anticipation of a successful listing.
To track the allotment status, investors can utilize the following resources. The BSE website (bseindia.com/investors/appli_check.aspx) provides a straightforward method to check your application status using your application number or PAN. Alternatively, MUFG Intime India’s IPO allotment portal (in.mpms.mufg.com/Initial_Offer/public-issues.html) offers a similar process using your application number, PAN, DP/Client ID, or Account Number/IFSCC.
“A successful IPO signifies a company’s ability to attract investment and embark on a new chapter of growth.”
