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  1. Excelsoft Technologies IPO Listing Date: 5 key things retail investors should know before NSE, BSE debut

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Excelsoft Technologies IPO Listing Date: 5 key things retail investors should know before NSE, BSE debut

Kamal Joshi

3 min read | Updated on November 25, 2025, 14:12 IST

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SUMMARY

Excelsoft Technologies IPO Listing Date: The book-build issue sought to raise ₹500 crore via a fresh issuance of ₹180 crore and an offer for sale of ₹320 crore, which will see promoter Pedanta Technologies divest its shares.

Excelsoft Technologies IPO Listing Date time: 5 key things retail investors should know before NSE, BSE debut

Excelsoft Technologies IPO price band was set at ₹114 to ₹120 per share. | Image: X/@ExcelsoftTech

Excelsoft Technologies IPO Listing Date: Shares of global vertical SaaS company Excelsoft Technologies are all set to hit the stock exchanges on Wednesday, November 26. Excelsoft Technologies IPO allotment status was finalised on Monday, November 24.
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With the listing just a day away, here are the key details you should be aware of.

Excelsoft Technologies IPO: Subscription details

The initial share sale got subscribed 43.19 times. It got bids for 1,32,59,08,625 shares compared to 3,07,01,754 shares on offer, according to the NSE data.

The bidding was led by non-institutional investors, or NIIs, who subscribed their portion 101.69 times. Investors applied for 66,89,98,875 shares against 65,78,948 shares reserved.

The qualified institutional buyers' (QIBs) quota was booked 47.55 times. They submitted bids for 41,71,39,125 shares against 87,71,929 shares reserved.

Retail individual investors (RIIs) applied for 23,97,70,625 shares compared to 1,53,50,877 shares on offer. This reflects a subscription of 15.62 times.

Excelsoft Technologies IPO GMP

According to media reports and investorgain.com, unlisted shares of Excelsoft Technologies Limited are trading at ₹125.5, reflecting a grey market premium (GMP) of 4.58% or ₹5.5 over the upper price band of ₹120.

Disclaimer: Grey Market Premium (GMP) is not regulated or recommended by the stock exchanges or SEBI. Upstox does not endorse or facilitate trading in the grey market. Investors are advised to conduct their own research or consult an expert before making any investment decisions.

Excelsoft Technologies IPO Objectives

The book-build issue sought to raise ₹500 crore via a fresh issuance of ₹180 crore and an offer for sale of ₹320 crore, which will see promoter Pedanta Technologies divest its shares.

Funds raised to the tune of ₹61.77 crore will be utilised to purchase land and construct a new building at the Mysore property, ₹39.51 crore will be used for upgrade work at the existing facility, ₹54.64 crore to improve the company's IT infrastructure and the remainder of funds for general corporate purposes.

Excelsoft Technologies IPO: Share credit, refund and listing date

Shares will be credited to the Demat account of investors who secured the Excelsoft Technologies IPO allotment on Tuesday, November 25. For non-allottees, refunds will be processed on the same day.

The Excelsoft Technologies IPO share listing on the stock exchanges – the NSE and the BSE – will take place on Wednesday, November 26, 2025, at 10 am.

Excelsoft Technologies IPO: Financials

(₹ Crores)FY25FY24FY23
Revenue233.29198.29195.1
Total Assets470.48421.03436.12
Net Profit/(Loss)34.6912.7522.41
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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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