Excelsoft Technologies IPO gets massive buzz, allotment out now

Business Nov 24, 2025

Excelsoft Technologies just wrapped up its IPO allotment, and the hype was real—investors bid for over 1.32 billion shares when only about 29 million were on offer.
That's a subscription rate of 45 times, showing serious demand for these shares.

Who wanted in—and what happens next?

Retail investors were especially keen, subscribing at over 16 times their quota, while institutional and big-ticket investors pushed numbers even higher (some categories hit more than 100x).
If you applied, you can check your allotment status on the BSE website or via MUFG Intime India's portal.
As for market debut vibes: the gray market premium hints at a possible listing gain of around 7%, so all eyes are on how it opens this week.