What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Excelsoft Technologies Limited IPO allotment date?

The basis of allotment for Excelsoft Technologies Limited IPO is scheduled to be finalized on 24 Nov 2025.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 25 Nov 2025.

Excelsoft Technologies Limited

ListedMainboard

Technology · NSE / BSE

Founded in 2000, Excelsoft Technologies Limited is a global SaaS company focused on the learning and assessment industry. It offers AI-driven platforms for testing, online proctoring, e-learning, digital eBooks, and student success. The company serves educational publishers, universities, schools, government bodies, defense organizations, and corporates across India, Malaysia, Singapore, the UK, and the USA. With over 200 clients and 30 million learners worldwide, its key partners include Pearson Education, AQA Education, and Brigham Young University. Excelsoft’s main products include SARAS e-Assessments, EasyProctor, OpenPage, EnablED, CollegeSparc, and LearnActiv. As of December 2024, the company employs 1,109 professionals.

Price Band

₹114 – ₹120

Issue Size

₹500 Cr

Lot Size

125 shares

GMP

₹5

+4.2%

Est. Listing

₹125

at current GMP

Subscribed

45.46x

overall

Open

19 Nov 2025

21 Nov 2025

Allotment

24 Nov 2025

Refund

25 Nov 2025

Demat Credit

26 Nov 2025

Listing

26 Nov 2025

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Excelsoft Technologies Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

24 Nov 2025

Basis finalization

Refunds Initiate

25 Nov 2025

Mandate release

Demat Credit

26 Nov 2025

Shares in demat

Listing Debut

26 Nov 2025

Trading begins

How to Check Excelsoft Technologies Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select Excelsoft Technologies Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Excelsoft Technologies Limited Public Issue & Market Profile

Excelsoft Technologies Limited is bringing an initial public offering (IPO) in the Technology sector with an aggregate issue size of ₹500 Crores. The shares are offered at a price band of ₹114 to ₹120 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-11-21, the basis of allotment is scheduled to be finalized on 2025-11-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.