Excelsoft Technologies to debut on stock markets November 26

Business Nov 25, 2025

Excelsoft Technologies is set to hit the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 26, 2025. The IPO just wrapped up, with shares allotted on November 24.
Even though there was a rush to subscribe, the stock's gray market premium is only ₹5 above its issue price, indicating a muted trend in the unlisted market.

Quick look at the IPO numbers

The company raised ₹500 crore through its IPO—₹180 crore from new shares and ₹320 crore from existing ones sold.
Demand was strong overall, especially from non-institutional investors who subscribed over 100 times their quota.
Anand Rathi Advisors managed the whole process, with shares priced at ₹120 each.