Excelsoft Technologies IPO Booked 43 Times; Know Steps To View Allotment Status On NSE, BSE And Registrar’s Website

Excelsoft Technologies IPO Allotment: Excelsoft Technologies IPO subscription window closed on November 21. The technology-based solutions provider’s public issue garnered strong demand in the three-day bidding window as it was booked over 43 times across categories. The share allotment status of Excelsoft Technologies IPO will be finalised on November 24.

Excelsoft Technologies IPO Allotment Status

Applicants who have placed bids for Excelsoft Technologies IPO will  be able to check the share allotment status of their application on the registrar MUFG Intime India Pvt Ltd website. Once the basis of allotment is finalised, applicants can be viewed via the websites of BSE and NSE:

How To View  Excelsoft Technologies IPO Allotment On NSE

• Head to the NSE website by entering this link in your browser

https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids

• Choose ‘Equity IPO bid details’

• Select 'Excelsoft Technologies' from the list of IPOs

• Type in your IPO application number

• Click the 'submit' button

• You will be able to view the status of your allotment on your screen

How To Check  Excelsoft Technologies IPO Allotment Status On BSE Website

• Visit BSE’s IPO application status viewing webpage

https://bseindia.com/investors/appli_check.aspx.

• Different issue types will be shown on your screen

• Choose ‘Equity’ from the menu shown on screen

• Select ' Excelsoft Technologies' from list of IPOs

• Input your IPO application number or PAN details

• Select 'Search'

• You will be able to view the status of your allotment on your screen

How to View  Excelsoft Technologies IPO Share Allocation Status On MUFG Intime India Pvt Ltd

• Go to the MUFG Intime website and access the IPO section of the registrar’s website.

• From the list of currently available issues, use the dropdown menu to specifically select 'Excelsoft Technologies Limited'.

• Choose ‘ Excelsoft Technologies’ from the dropdown menu labelled "Please select company"

• Pick any one of the following options for identifying yourself PAN (Permanent Account Number), Application Number, DP/Client ID or Account Number/IFSC

• Fill in your details according to the identifier you have chosen

• Finish the process of verification by entering the captcha code

• Click the "Submit" or "Search" button.

• You will be able to view the status of your allotment on your screen

Excelsoft Technologies IPO GMP

Excelsoft Technologies shares are trading on the grey market with a premium of Rs 8 per share prior to the finalisation of allotment. The grey market premium (GMP) for Excelsoft Technologies unlisted shares hints at a decent D-street debut at Rs 128 apiece with a premium of 6.67 per cent as per websites which track the demand for unlisted shares in the grey market.

Excelsoft Technologies IPO Subscription Status

Excelsoft Technologies IPO was booked 43.19 times on November 21. Cumulatively, investors applied for over 1325.9 million shares against the 30.7 million shares offered for subscription. Excelsoft Technologies IPO was subscribed 15.62 times in the retail category as investors placed bids for over 239.7 million shares against the 15.3 million shares set aside for the category.

Non-institutional investors (NIIs) applied for over 668.9 million shares of Excelsoft Technologies compared to the 6.57 million offered for subscription for the category, leading to the mainboard issue being booked 101.69 times.

Qualified institutional buyers (QIBs) oversubscribed their quota in the  Excelsoft Technologies IPO 47.55 times. QIB investors placed bids for over 417.1 million shares compared to the 8.77 million shares reserved for them.

Excelsoft Technologies IPO Details

Excelsoft Technologies IPO was worth Rs 500 crore. The technology solutions provider’s public issue has a fresh issue component of 15 million shares aggregating to Rs 180 crore and an offer for sale of 26.7 million shares aggregating to Rs 320 crore.

Excelsoft Technologies IPO price band was fixed at Rs 114 to Rs 120 per share. The minimum lot size for retail individual investors interested in applying for Excelsoft Technologies IPO was fixed at 1 lot or 125 shares aggregating to an investment of  Rs 15,000.

Excelsoft Technologies IPO Listing Date

Once the basis of allotment for  Excelsoft Technologies IPO is finalised on November 24, refunds will be initiated for unsuccessful bidders on November 25. The software technology solutions provider’s shares will list on the NSE and BSE.  Excelsoft Technologies shares will make their Dalal Street debut on November 26.