Subscription Status · Nov 19 – Nov 21, 2025 · ₹114–120
The Excelsoft Technologies IPO subscription has recorded strong investor demand with an overall subscription of 43.19× as of Nov 26, 2025, indicating that investors applied for 43.19 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Nov 26, 2025, 10:14 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
8,771,929 | 417,139,125 |
47.55×
|
|
NII
Non-Institutional Investors
|
6,578,948 | 668,998,875 |
101.69×
|
|
bNII
Bids above ₹10L
|
4,385,966 | 512,227,250 |
116.79×
|
|
sNII
Bids below ₹10L
|
2,192,982 | 156,771,625 |
71.49×
|
|
Retail
Retail Individual Investors
|
15,350,877 | 239,770,625 |
15.62×
|
|
Total
|
30,701,754 | 1,325,908,625 |
43.19×
|
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times |
|---|---|---|---|
| QIB | 8,771,929 | 417,139,125 | 47.55× |
| NII | 6,578,948 | 668,998,875 | 101.69× |
| bNII | 4,385,966 | 512,227,250 | 116.79× |
| sNII | 2,192,982 | 156,771,625 | 71.49× |
| Retail | 15,350,877 | 239,770,625 | 15.62× |
| Total | 30,701,754 | 1,325,908,625 | 43.19× |
As of November 26, 2025, the Excelsoft Technologies IPO has been subscribed 43.19 times overall. The IPO is fully subscribed with strong investor demand.
The Excelsoft Technologies IPO subscription window was open from November 19, 2025 to November 21, 2025. Investors could apply through their demat account or ASBA facility.
The Excelsoft Technologies IPO has a price band of ₹114 to ₹120 per share, with a lot size of 125 shares. Minimum retail investment: ₹14,250 (lower band) or ₹15,000 (upper band).
The QIB category has been subscribed 47.55 times. QIBs were offered 8,771,929 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 15.62 times. Retail was offered 15,350,877 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 101.69×. bNII (>₹10L): 116.79×, sNII (<₹10L): 71.49×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on November 24, 2025. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Excelsoft Technologies IPO is expected to list on November 26, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 43.19× means investors have bid for 43.19 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of 15.62×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.
You can apply for Excelsoft Technologies IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Nov 19 to Nov 21, 2025.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Excelsoft Technologies IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Nov 19, 2025Subscription Closes Done
Nov 21, 2025Basis of Allotment Done
Nov 24, 2025Listing on NSE,BSE Done
Nov 26, 2025Lottery-based allotment. Based on retail subscription of 15.62×.
Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.