Excelsoft Technologies IPO Allotment LIVE: GMP drops, allotment out. How to check status online on BSE, MUFG Intime

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO was subscribed 43.19 times in total, NSE data showed. The public issue was booked 15.62 times in the Retail Individual Investors (RIIs) category, and 101.69 times in the Non Institutional Investors (NII) segment. The Qualified Institutional Buyers (QIBs) category received 47.55 times subscription.

Excelsoft Technologies IPO Allotment LIVE: Anand Rathi Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt. Ltd. is the Excelsoft Technologies IPO registrar.

Excelsoft Technologies IPO Allotment LIVE: The trend for Excelsoft Technologies shares in the unlisted market remains muted and the grey market premium (GMP) has fallen. Excelsoft Technologies IPO GMP today is ₹6 per share, market experts said. This means that in the unlisted market, Excelsoft Technologies shares are trading higher by ₹6 apiece than their issue price.

Excelsoft Technologies IPO GMP today signals that the estimated listing price of the equity shares would be ₹126 apiece, which is at a premium of nearly nearly 5% to the IPO price of ₹120 per share.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO allotment has been finalised. Investors now focus on the Excelsoft Technologies IPO listing date, which is November 26. The equity shares of Excelsoft Technologies will be listed on both the stock exchanges, BSE and NSE.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO allotment status check MUFG Intime

Step 1] Visit IPO registrar website on this link - https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2] Choose ‘Excelsoft Technologies Limited’ in the Select Company dropdown menu

Step 3] Select among PAN, App. No., DP ID or Account No.

Step 4] Enter the details as per the option selected

Step 5] Click on Search

Your Excelsoft Technologies IPO allotment status will be displayed on the screen.

Excelsoft Technologies IPO Allotment LIVE: Steps to check Excelsoft Technologies IPO allotment status on NSE

Step 1] Visit NSE allotment status page on its website here - https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2] Select ‘Equity and SME IPO bids’

Step 3] Choose ‘Excelsoft Technologies Limited’ from the Issue Name dropdown menu

Step 4] Enter your PAN and Application Number

Step 5] Click on Submit.

Your Excelsoft Technologies IPO allotment status will be displayed on the screen.

Excelsoft Technologies IPO Allotment LIVE: Here’s how to check Excelsoft Technologies IPO allotment status on BSE

Step 1] Visit BSE website on this link - https://www.bseindia.com/investors/appli_check.aspx

Step 2] Select ‘Equity’ in the Issue Type

Step 3] Choose ‘Excelsoft Technologies Limited’ in the Issue Name dropdown menu

Step 4] Enter either Application No. or PAN

Step 5] Verify by ticking on ‘I am not robot’ and click on ‘Search’

Your Excelsoft Technologies IPO allotment status will be displayed on the screen.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO allotment status has been finalised. The company will now credit the equity shares into the demat accounts of eligible allotment holders on November 25 and initiate refunds to unsuccessful bidders on the same day.

Excelsoft Technologies’ operations are significantly dependent on revenues from the Pearson Education Group, which represents a substantial portion of the company’s total consolidated revenue. For the three months ended June 30, 2025, revenue from Pearson Education Group accounted for 59.24% of total revenue, while for FY25, the contribution was 58.79%.

This reliance has increased considerably from 41.89% in FY23 and 46.51% in FY24. Any loss of business from Pearson Education Group, whether due to failure to negotiate acceptable terms or potential disputes, could have a severe adverse impact on the company’s operations, results, and financial condition.

Excelsoft Technologies’ key strength lies in its long-standing relationships with a global customer base, providing both stability and a competitive edge. The depth of these relationships is reflected in the average tenure of the top 10 clients, which increased to 10.5 years as of June 30, 2025, up from 8.0 years in FY23.

Additionally, 24 clients have maintained partnerships for over a decade. By focusing on client objectives, delivering comprehensive solutions, and nurturing strong engagement, Excelsoft Technologies has established itself as a trusted, long-term partner. As of August 31, 2025, the company serves 76 clients across 19 countries, as per the company's RHP.

The Excelsoft Technologies IPO, which ran from November 19 to November 21, received bids for 132.6 crore shares against the 2.92 crore shares on offer, resulting in a subscription rate of 45.46 times.

Non-institutional investors showed strong interest, with their portion subscribed 107 times as they placed bids for 41.71 crore shares compared with the allotted 83.33 lakh shares.

The qualified institutional buyers (QIB) segment reflected similar enthusiasm, with its portion booked 50 times, while the retail quota was subscribed 16.44 times.

As of today, the grey market premium (GMP) for the Excelsoft Technologies IPO stands at ₹8 per share, suggesting that the stock is likely to list above its issue price. Based on the GMP and the upper price band of ₹120, the estimated listing price of Excelsoft Technologies IPO is ₹128, reflecting a 6.67% premium.

The company has utilized AI in remote proctoring for face, voice, object, and keystroke detection, as well as selective blurring of test content for proctors. AI’s ability to provide immediate feedback, reduce human error, and create engaging content allows students to focus on learning and achieve their academic goals.

The company has also applied AI for predictive analytics and the identification of at-risk students in universities, incorporating it into their processes and operations. As part of their growth strategy, they plan to develop AI-driven, innovative, and transformative applications in education and assessment, ultimately benefiting students throughout their educational journey.

The company studies industry patterns and growth trends to identify untapped markets where it has the potential to enter and sustain itself despite stiff competition. Based on this research, it plans to shortlist and explore potential opportunities in specific untapped geographies, considering factors such as ease of setting up a business, accessibility, client outreach, availability of human resources, and financial viability.

According to Canara Bank Securities, Excelsoft is a long-established player in digital learning and assessment technology, leveraging proprietary platforms such as SARAS and EasyProctor, along with early AI adoption across test creation, proctoring, and handwritten digitisation.

The brokerage notes that the company’s shift from service-heavy revenues to a SaaS-led model positions it for scalable growth and margin improvement and also highlights Excelsoft’s strong client retention, with an average tenure of 10.5 years, and deep enterprise integration, reflecting high stickiness and upsell potential.

However, it cautions that current financial indicators do not yet mirror typical SaaS scalability, citing modest ROE (10%), muted revenue CAGR (9%), and continued revenue dependence on Pearson. Furthermore, the brokerage observes that valuations remain rich at 39x FY25 P/E and 57x Q1FY26 annualised, materially higher than peers, and require execution-led justification.

Excelsoft Technologies IPO Allotment LIVE: Key steps to check allotment on MUFG Intime India Private Ltd

Step 1

Go to the website of the IPO registrar, which is Link Intime India Private Ltd. Link: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2

Select the IPO from the dropdown menu, which will show the name only if the allocation has been finalized.

Step 3

Choose one of the three options available to check the status: Application No, Demat Account, or PAN.

Step 4

Decide between ASBA and non-ASBA for the application type.

Step 5

Fill in the details according to the mode you selected in Step 3.

Step 6

After completing the captcha, click on submit.

Excelsoft Technologies IPO Allotment LIVE: Steps to check Excelsoft Technologies IPO allotment status on BSE

Step 1

Visit allotment page on BSE's official website- Excelsoft Technologies IPO allotment status check online - https://www.bseindia.com/investors/appli_check.aspx

Step 2

Under 'Issue Type', select 'Equity'.

Step 3

Choose the IPO from the drop-down option under 'Issue Name'.

Step 4

Enter PAN or application number.

Step 5

Click 'I am not a Robot' to confirm your identity, then click the 'Submit' button.

Excelsoft Technologies IPO Allotment LIVE: Steps to check Excelsoft Technologies IPO allotment status on NSE

Step 1

Visit NSE's official website- Excelsoft Technologies IPO allotment status check online NSE- https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp

Step 2

By selecting the 'Click here to sign up' option on the NSE website, one must register with PAN.

Step 3

Enter user name, password, and captcha code.

Step 4

Check IPO allotment status on the new page that will open.

Excelsoft Technologies IPO Allotment LIVE: Check out 4 key competitive strengths of the company

1. The relationship depth is quantifiable through the average vintage of the top 10 clients, which was 10.50 years as of June 30, 2025, having steadily increased from 8.00 years in Fiscal 2023.
2. As of June 30, 2025, 24 clients maintained relationships lasting more than 10 years.
3. The continued focus on customer relationships, sensitivity to client objectives, and comprehensive solution design enables the organization to serve as a long-standing partner.
4. As of August 31, 2025, the company caters to 76 clients spread across 19 countries.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO basis of allotment of shares will be finalised on Monday, November 24 and the company will initiate refunds on Tuesday, November 25 while the shares will be credited to the demat account of allottees on the same day following refund. Excelsoft Technologies share price is likely to be listed on BSE and NSE on Wednesday, November 26.

Excelsoft Technologies IPO Allotment LIVE: Here's are some of the key strategies implemented by the firm

1. Increase revenue from existing clients and acquire new customers.
2. Focus on brand positioning.
3. Innovate and improve existing product portfolio and create new products suited to current market needs.
4. Augment sales & marketing efforts by establishing teams in various geographies.
5. Look for synergistic acquisition opportunities to expand faster in the EdTech market.
6. Venture into the AI spectrum and develop AI based products.
7. Develop modern and frontier technology to provide quality products to customers

Excelsoft Technologies IPO Allotment LIVE: The trend for Excelsoft Technologies shares in the unlisted market remains positive with a modest grey market premium (GMP). Excelsoft Technologies IPO GMP today is ₹8 per share, market experts said. This means that in the unlisted market, Excelsoft Technologies shares are trading higher by ₹8 apiece than their issue price.

Excelsoft Technologies IPO GMP today signals that the estimated listing price of the equity shares would be ₹128 apiece, which is at a premium of nearly nearly 7% to the IPO price of ₹120 per share.

Excelsoft Technologies IPO Allotment LIVE: Anand Rathi Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt. Ltd. is the Excelsoft Technologies IPO registrar.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO was subscribed 43.19 times in total, NSE data showed. The public issue was booked 15.62 times in the Retail Individual Investors (RIIs) category, and 101.69 times in the Non Institutional Investors (NII) segment. The Qualified Institutional Buyers (QIBs) category received 47.55 times subscription.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO price band was ₹114 to ₹120 per share. The company raised ₹500 crore from the book-building issue which was a mix of fresh issue of 1.50 crore shares worth ₹180 crore, and offer for sale (OFS) of 2.67 crore equity shares amounting to ₹320 crore.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO listing date is November 26, and the equity shares of the company will be listed on both the stock exchanges, BSE and NSE.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO allotment status check MUFG Intime

Step 1] Visit IPO registrar website on this link - https://in.mpms.mufg.com/Initial_Offer/public-issues.html

Step 2] Choose ‘Excelsoft Technologies Limited’ in the Select Company dropdown menu

Step 3] Select among PAN, App. No., DP ID or Account No.

Step 4] Enter the details as per the option selected

Step 5] Click on Search

Your Excelsoft Technologies IPO allotment status will be displayed on the screen.

Excelsoft Technologies IPO Allotment LIVE: Steps to check Excelsoft Technologies IPO allotment status on NSE

Step 1] Visit NSE allotment status page on its website here - https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

Step 2] Select ‘Equity and SME IPO bids’

Step 3] Choose ‘Excelsoft Technologies Limited’ from the Issue Name dropdown menu

Step 4] Enter your PAN and Application Number

Step 5] Click on Submit.

Your Excelsoft Technologies IPO allotment status will be displayed on the screen.

Excelsoft Technologies IPO Allotment LIVE: Here’s how to check Excelsoft Technologies IPO allotment status on BSE

Step 1] Visit BSE website on this link - https://www.bseindia.com/investors/appli_check.aspx

Step 2] Select ‘Equity’ in the Issue Type

Step 3] Choose ‘Excelsoft Technologies Limited’ in the Issue Name dropdown menu

Step 4] Enter either Application No. or PAN

Step 5] Verify by ticking on ‘I am not robot’ and click on ‘Search’

Your Excelsoft Technologies IPO allotment status will be displayed on the screen.

Excelsoft Technologies IPO Allotment LIVE: Investors can check Excelsoft Technologies IPO allotment status online through the websites of BSE and NSE, along with the official portal of the IPO registrar. MUFG Intime India Pvt. Ltd. is the Excelsoft Technologies IPO registrar.

Excelsoft Technologies IPO Allotment LIVE: The public issue of SaaS solutions and services provider Excelsoft Technologies Ltd was open from November 19 to 21, and Excelsoft Technologies IPO allotment date is likely today, 24 November 2025. The IPO listing date is November 26 and the equity shares of the company will be listed on both the stock exchanges, BSE and NSE.

Once the basis of share allotment is fixed, it will then credit the equity shares into the demat accounts of eligible allotment holders on November 25 and initiate refunds to unsuccessful bidders on the same day.

Excelsoft Technologies IPO Allotment LIVE: Excelsoft Technologies IPO allotment status is expected to be finalised soon after the public issue of SaaS solutions and services provider ended with strong subscription. Excelsoft Technologies IPO allotment date is likely today, 24 November 2025.