Excelsoft Technologies made a strong entry on the Indian stock market today, November 26, with its shares listing at ₹135. This marked a 12.5% premium over its issue price of ₹120, reflecting significant investor interest. The IPO listing has caught the attention of market watchers, with investors closely tracking Excelsoft Technologies' share price today, IPO listing performance, and subscription trends in the Indian stock market.
Market Performance: Excelsoft Technologies Share Price Shows Solid Debut
The IPO listing immediately boosted Excelsoft Technologies’ market visibility. The shares opened firmly and demonstrated healthy trading momentum, signalling confidence among investors.
Key highlights from the listing session:
- Listing price: ₹135
- Premium over issue price: ₹15 or 12.5%
- NSE and BSE listing: Both exchanges observed active trading
The stock’s performance in the debut session reflects strong demand, highlighting Excelsoft Technologies’ reputation as a leading vertical SaaS provider in the learning and assessment technology sector.
Main News: IPO Oversubscription Indicates Strong Investor Demand
The Excelsoft Technologies IPO saw significant participation across all investor categories. The total subscription ratio points to the strong market appetite for the company’s shares.
IPO subscription details:
- Overall subscription: 45.46 times
- Retail category: 16.44 times
- Non-Institutional Investors (NII): 107.04 times
- Qualified Institutional Buyers (QIB): 50.06 times
The IPO comprised:
- Total issue size: ₹500 crore
- Fresh issue: 1.50 crore shares worth ₹180 crore
- Offer for sale: 2.67 crore shares worth ₹320 crore
- Price band: ₹114–₹120 per share
- Lot size: 125 shares (minimum retail investment ₹15,000)
Allotments were finalised on November 24, completing a smooth and well-received IPO cycle.
Company Details: Excelsoft Technologies Business & IPO Utilisation
Founded on June 12, 2000, Excelsoft Technologies is a global SaaS provider specialising in learning and assessment solutions. With over two decades of expertise, the company delivers cloud-native, standards-compliant platforms for enterprises worldwide. Its solutions focus on scalability, high performance, and secure operations for diverse education and assessment needs.
IPO proceeds allocation:
- Capital expenditure for a new building at the Mysore property
- Upgrades, including external electrical systems and IT infrastructure
- General corporate purposes
The company also raised ₹150 crore from anchor investors prior to the IPO opening, ensuring additional stability during listing.
Summary: Excelsoft Technologies IPO Makes a Robust Market Entry
Excelsoft Technologies shares debuted at ₹135, 12.5% above the IPO price, reflecting strong fundamentals and investor confidence. The IPO’s oversubscription across retail, NII, and QIB categories underscores the robust demand for the stock. With strategic deployment of IPO proceeds, Excelsoft Technologies is poised to strengthen its technology infrastructure and expand operations.
Key IPO highlights:
- IPO size: ₹500 crore
- Fresh issue: 1.50 crore shares
- Offer for sale: 2.67 crore shares
- Issue price: ₹120
- Listing price: ₹135
- Overall subscription: 45.46x
- Allotment finalisation: November 24
- IPO listing date: November 26
The successful IPO debut positions Excelsoft Technologies as a noteworthy player in the Indian stock market, offering a benchmark for technology-focused IPOs and enhancing visibility in the SaaS sector.
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