Excelsoft Technologies IPO Subscribed 7.28x on Day 2

Excelsoft Technologies IPO subscription started on Wednesday, November 19, 2025, and will close on November 21, 2025, as per the schedule. The price band is set at ₹114 to ₹120 per share with a face value of ₹10.

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Excelsoft Technologies IPO Subscription Status 

Excelsoft Technologies IPO subscribed over 7.28x on its second day till 5.00 PM on November 20th, 2025. 

  • The Excelsoft Technologies IPO subscription QIB investors’ portion is 0.09 times, while NII subscribed 19.18 times, and RII investors subscribed 6.28 times. 
  • The company has received bids for 21,21,89,250 shares against 2,91,66,667 shares on offer on the second day of subscription. 
  • Excelsoft Technologies’ IPO was subscribed over 7.28x on its day 2. 
  • Excelsoft Technologies’ IPO was subscribed over 1.55x on its day 1. 

About Excelsoft Technologies Company 

Excelsoft Technologies Limited, incorporated in 2000, is one of the leading global vertical SaaS companies involved in the learning and assessment market. They offer technology-based solutions in a wide range of learning and assessment areas through long-term contracts with corporate clients around the world. They have been in business for more than twenty years. 

Excelsoft Technologies offers services like AI-powered applications, test and assessment platforms, online proctoring solutions, learning experience platforms, student success platforms, and digital eBook platforms. Educational publishers, universities, schools, government agencies, defence organisations, and businesses are some of the major clients of the company. Moreover, the company had worked with over 200 organizations and affects more than 30 million students around the world. It has its offices situated in India, Malaysia, Singapore, the UK, and the USA. 

Excelsoft Technologies IPO GMP 

Excelsoft Technologies IPO GMP was ₹15 as of Thursday, 20 November 2025. That indicates the IPO is trading at ₹135 with a ₹15 premium in the grey market against the issue price of ₹120. 

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.

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