Excelsoft Technologies IPO
Excelsoft Technologies IPO is a mainboard IPO raising ₹500 Cr at ₹114 – ₹120 a share. It listed on 26 Nov 2025 and trades at ₹77 today, −36.0% against its issue price of ₹120. It was subscribed 43× in total.
43.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 87,71,929 | 41,71,39,125 | 48× |
| Foreign Institutional Investors | no separate quota | 11,28,77,500 | n/a |
| Domestic Financial Institutions | no separate quota | 17,38,16,625 | n/a |
| Mutual funds | no separate quota | 2,68,625 | n/a |
| Others | no separate quota | 13,01,76,375 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 65,78,948 | 66,89,98,875 | 102× |
| Non Institutional Investors | 43,85,966 | 51,22,27,250 | 117× |
| Corporates | no separate quota | 45,70,000 | n/a |
| Individuals | no separate quota | 48,34,81,375 | n/a |
| Others | no separate quota | 2,41,75,875 | n/a |
| Non Institutional Investors | 21,92,982 | 15,67,71,625 | 71× |
| Corporates | no separate quota | 4,14,000 | n/a |
| Individuals | no separate quota | 14,86,65,125 | n/a |
| Others | no separate quota | 76,92,500 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 1,53,50,877 | 23,97,70,625 | 16× |
| Cut Off | no separate quota | 19,76,54,625 | n/a |
| Price bids | no separate quota | 4,21,16,000 | n/a |
| Total | 3,07,01,754 | 1,32,59,08,625 | 43× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:05 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.