If you had bid in the IPO of Excelsoft Technologies, then your wait is about to end, because the allotment of the IPO will be finalized on Monday, 24th November. The company’s IPO closed on 21 November. The company has raised Rs 500 crore from investors. Under this, equity shares were offered to investors. The IPO of Excelsoft Technologies opened on 19 November. According to the news of Financial Express, the gray market premium i.e. GMP of Excelsoft Technologies’ IPO is seen to be around 6.7%. Anand Rathi Advisors is the book-running lead manager for the IPO, and MUFG Intime India is the registrar to the issue.
Check your status online like this
Process of checking on BSE
- BSE IPO Allotment Status Page Go to.
- Select issue type- equity/debt
- Select the IPO name ‘Excelsoft Technologies’ from the drop-down menu on the page
- Enter required details like PAN card or application number
- Click on ‘Search’ button
- By doing this you can see your allotment on your screen.
Process to check on NSE
- NSE India IPO Allotment Page go to
- Select issue type
- Select the IPO name ‘Excelsoft Technologies’ from the drop-down menu on the page
- Enter PAN card or application number or other required details
- Click on ‘Search’ button
- By doing this you can see your allotment status on your screen.
The shares are likely to be listed on November 26.
Excelsoft Technologies has fixed the price band per equity share for its IPO at Rs 114 to Rs 120. This public issue of the company includes 1.50 crore new (fresh) shares, whose total value is Rs 180 crore. Additionally, an offer-for-sale (OFS) component of 2.67 crore shares worth Rs 320 crore has also been included. According to the tentative timeline, shares of Excelsoft Technologies are likely to be listed on both BSE and NSE exchanges on November 26.
Know the company
Excelsoft Technologies is a global vertical SaaS company, providing cutting-edge digital solutions for the learning and assessment sector. The company provides services such as AI-powered applications, test and assessment platforms, online proctoring systems, learning experience platforms, student success platforms, and digital e-book platforms. The company’s flagship solution is the SARAS platform, which has been developed keeping in mind a variety of learning needs. The platform is scalable, secure and data-driven, helping institutions and organizations build integrated and effective learning ecosystems.
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