Excelsoft Technologies Announces IPO Details
Excelsoft Technologies has officially revealed the price band for its upcoming initial public offering (IPO), setting the stage for one of the notable market debuts this November. The company has fixed the price band in the range of ₹114 to ₹120 per equity share, with each share having a face value of ₹10.
Key IPO Dates and Timeline
The subscription period for the Excelsoft Technologies IPO is scheduled to begin on Wednesday, November 19, 2025, and will conclude on Friday, November 21, 2025. Prior to the public offering, the company will allocate shares to anchor investors on Tuesday, November 18, 2025.
The pricing strategy indicates that the floor price represents 11.40 times the face value, while the cap price stands at 12 times the face value of the equity shares.
Investment Structure and Allocation
Excelsoft Technologies has designed a balanced allocation strategy for its public issue. The company has reserved not more than 50% of the shares for qualified institutional buyers (QIBs), while not less than 15% is allocated for non-institutional investors (NIIs). Retail investors have been allocated not less than 35% of the total offer, ensuring substantial participation from individual investors.
The IPO lot size has been set at 125 equity shares, with subsequent investments requiring multiples of 125 equity shares thereafter.
Post-Subscription Timeline and Listing
Following the subscription period, the basis of allotment for Excelsoft Technologies IPO shares is tentatively scheduled for finalization on Monday, November 24, 2025. The company will initiate refunds for unsuccessful applicants on Tuesday, November 25, 2025.
Successful allottees will see their shares credited to their demat accounts on the same day following the refund process. Market enthusiasts can expect the Excelsoft Technologies share price to be listed on both BSE and NSE on Wednesday, November 26, 2025, marking the company's formal entry into the public trading arena.
This IPO represents a significant milestone for Excelsoft Technologies as it seeks to leverage public capital for its growth initiatives while providing investors with an opportunity to participate in the company's future journey.
