Excelsoft Technologies IPO Listing: Excelsoft Technologies share price made a strong debut in the Indian stock market today, November 26. Excelsoft Technologies share price was on Wednesday at ₹135 apiece on NSE and BSE, a premium of 12.5% from its issue price of ₹120.
The Excelsoft Technologies IPO outperformed Street expectations, as seen from the grey market premium (GMP). The for the IPO stood at ₹7 per share, which indicated a likely listing price of around ₹127 — translating to a premium of 5.83% over the upper end of the issue price band.
Excelsoft Technologies IPO Details
Excelsoft Technologies made a subdued debut on the BSE and NSE on November 25, 2025, after completing its public issue. The opened on November 19 and closed on November 21, with allotments finalised on November 24. The ₹500 crore issue comprised a fresh issue of 1.50 crore shares amounting to ₹180 crore and an offer for sale of 2.67 crore shares totalling ₹320 crore.
The price band was set at ₹114– ₹120 per share, and the lot size fixed at 125 shares, requiring a minimum retail investment of ₹15,000.
The company intends to deploy the net proceeds toward capital expenditure for a new building at its Mysore property, upgrades including external electrical systems and IT infrastructure, along with general corporate purposes.
Anand Rathi Advisors Ltd. acted as the book-running lead manager, while MUFG Intime India Pvt. Ltd. served as the registrar.
The Excelsoft Technologies IPO saw strong demand, recording an overall of 45.46x by Day 3. The retail category was subscribed 16.44x, the NII segment saw a massive 107.04x subscription, and Qualified Institutional Buyers (QIBs) bid 50.06x.
In total, the company received bids for 132.59 crore shares against 2.91 crore shares available.
The company also raised ₹150 crore from anchor investors ahead of the issue opening on November 18,2025.
About Excelsoft Technologies
Founded on June 12, 2000, Excelsoft Technologies is a global vertical SaaS provider specialising in learning and assessment solutions. With more than 20 years of industry expertise, the company delivers technology-driven platforms across multiple education and assessment segments, supported by long-term partnerships with enterprise clients worldwide.
Its products are fully cloud-native and built on open, standards-compliant APIs, enabling seamless scalability for organisations of all sizes. Security, reliability and high performance remain central pillars of its platform architecture.