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IPO Insights: Upcoming Issues & Smart Investment Tips

Excelsoft Technologies IPO – Subscription Status, Dates, and How to Apply

Anshika

Explore how Excelsoft Technologies’ IPO opened in the market, including subscription trends, price band details, key dates, and a complete guide on how to apply through ASBA or UPI.

The Excelsoft Technologies Ltd IPO opened for subscription on 19 November 2025, marking the entry of a well-established digital learning and educational solutions company into India’s public markets. Known for its technology-driven platforms in e-learning, assessments, and content delivery, the company has drawn notable investor attention.

The IPO is a ₹500 crore public issue under the book-building route, with a price band of ₹114–₹120 per share and a face value of ₹10. The issue structure and competitive positioning within India’s expanding EdTech and enterprise learning ecosystem have contributed to early investor interest.

Excelsoft Technologies IPO Subscription Status

On its opening day, the Excelsoft Technologies IPO saw steady traction from retail and non-institutional investors, while institutional participation remained muted. The IPO remains open for subscription until 21 November 2025.

Day 1 Subscription Status (19 November 2025)

Investor activity on Day 1 showed consistent interest from individual and NII investors. Below are the key IPO details:

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

0.00x

Retail Individual Investors (RII)

1.42x

Non-Institutional Investors (NII)

1.51x

Total

1.04x

The overall 1.04x subscription on Day 1 reflects healthy early participation, largely led by retail and NII investors. The absence of QIB bids on the first day is not unusual, as institutional investors typically participate on later days of the bidding window.

Day 2 Subscription Status (20 November 2025)

The Excelsoft Technologies Ltd IPO showed a sharp increase in demand on Day 2, as subscriptions picked up across all investor categories. After a moderate start on Day 1, institutional and NII interest improved significantly, contributing to a strong upward trajectory.

Investor Category Subscription (Times)

Qualified Institutional Buyers (QIB)

0.85x

Retail Individual Investors (RII)

6.95x

Non-Institutional Investors (NII)

14.20x

Total

7.73x

Retail and NII categories continued to demonstrate high demand, reflecting growing investor interest in the company’s business model and technology-driven operations. Institutional engagement also showed early movement, suggesting increasing confidence ahead of the IPO’s final day.

Excelsoft Technologies IPO Price Band and Lot Size

The price band and lot size have been structured to encourage balanced participation from both small and large investors.

The Excelsoft Technologies IPO price band is set at ₹114 to ₹120 per share, with a face value of ₹10. Investors must place bids for a minimum of 125 shares, and in multiples of 125 thereafter.

At the upper price band of ₹120, one lot costs:
125 shares × ₹120 = ₹15,000

Investor Category Lots Shares Amount (₹)

Retail (Min/Max)

1

125

₹15,000

S-HNI (Min)

17

2,125

₹2,55,000

S-HNI (Max)

80

10,000

₹12,00,000

B-HNI (Min)

81

10,125

₹12,15,000

The accessible lot size allows small investors to participate affordably, while high-net-worth bidders can scale their applications based on investment appetite.

For detailed insights about the company, issue details, and updates, visit the Excelsoft Technologies IPO page on Bajaj Markets.

Excelsoft Technologies IPO Open Date, Close Date, and Allotment Date

Below is the complete IPO timeline, covering bidding, allotment, and listing milestones:

Event Date Details

IPO Open Date

19 November 2025

Subscription begins

IPO Close Date

21 November 2025

Final bidding day

Basis of Allotment

24 November 2025

Allocation finalisation

Refunds Initiation

25 November 2025

Refunds for non-allottees

Credit of Shares

25 November 2025

Shares credited to Demat accounts

Listing Date

26 November 2025

Expected debut on NSE/BSE

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

How to Apply for Excelsoft Technologies IPO

Investors can apply for the Excelsoft Technologies IPO online via the ASBA facility through net banking or using UPI on broker platforms. Both processes are SEBI-approved and fully digital.

Through ASBA (Net Banking)

Follow these steps via your bank’s ASBA service:

  1. Log in to your internet banking account.

  2. Navigate to the ‘Investments’ or ‘IPO Application’ section.

  3. Select ‘Excelsoft Technologies IPO’ from the available issues.

  4. Enter the number of lots and your bid price.

  5. Confirm and submit your application.

  6. The bid amount will be blocked in your account until allotment.

  7. Upon allotment, funds will be debited, and shares will reflect in your Demat account.

This is a secure method where your funds remain in your account until allotment finalisation.

Through UPI via Broker Platforms

You can also apply using UPI on your broker’s app or financial marketplace:

  1. Log in to your Demat account or trading account.

  2. Visit the IPO section and choose ‘Excelsoft Technologies IPO’.

  3. Enter your application details (lots, price).

  4. Provide your UPI ID linked to your bank account.

  5. Approve the UPI mandate in your preferred UPI app.

  6. Funds will be blocked until allotment.

  7. After allotment, shares (if allotted) will be credited automatically to your Demat account.

Also Check

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources

  • LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
  • Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo

  • Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/

  • NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos

  • Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

Hi! I’m Anshika
Financial Content Specialist

Anshika brings 7+ years of experience in stock market operations, project management, and investment banking processes. She has led cross-functional initiatives and managed the delivery of digital investment portals. Backed by industry certifications, she holds a strong foundation in financial operations. With deep expertise in capital markets, she connects strategy with execution, ensuring compliance to deliver impact. 

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