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.

What is the current subscription status of Excelsoft Technologies Limited IPO?

Excelsoft Technologies Limited IPO has received a total subscription of 45.46 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

45.46x

Total Demand

QIB Multiplier

50.06x

Institutions & Funds

NII / HNI

107.04x

High Net-Worth

Retail (RII)

16.44x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 45.46x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	8,333,334	417,139,125	50.06x
NIB	6,250,000	668,998,875	107.04x
HNIs(10L +)	4,166,667	512,227,250	122.93x
HNIs (2-10L)	2,083,333	156,771,625	75.25x
RETAIL	14,583,333	239,770,750	16.44x
Total	35,416,667	1,994,907,625	45.46x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 14.63x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	116,667	1,612,545	13.82x
HNIs(10L +)	2,381	60,234	25.30x
HNIs (2-10L)	1,190	86,472	72.67x
Total Applications	120,238	1,759,251	14.63x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is Excelsoft Technologies Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Excelsoft Technologies Limited IPO is ₹5 per equity share. Based on the upper price band of ₹114 to ₹120 per equity share, the estimated listing price is ₹125 (+4.2% expected listing gain).

What is the expected profit per lot for Excelsoft Technologies Limited IPO?

With a lot size of 125 shares and current GMP of ₹5, the expected profit per application lot is approx ₹625 (+4.2% gain). Minimum application cost is approx ₹15,000.

What is the issue size and price band for Excelsoft Technologies Limited IPO?

The Excelsoft Technologies Limited IPO aggregate issue size is ₹500 Crores with an equity price band set at ₹114 to ₹120 per equity share. The retail lot size is 125 shares requiring a minimum capital outlay of approx. ₹15,000.

How can I check Excelsoft Technologies Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 45.46x (Retail: 16.44x, QIB: 50.06x, NII: 107.04x). You can track live multiples directly on our dedicated subscription page.

Where and when will Excelsoft Technologies Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2025-11-24. Investors can verify status using PAN card or application number.

When is the listing date for Excelsoft Technologies Limited IPO?

Excelsoft Technologies Limited shares are scheduled to list on NSE and BSE on 2025-11-26.