20 Nov 2025 | 5 Mins Read

Excelsoft Tech IPO sees robust demand at 3x subscription on Day 2

Flipitmoney

The Excelsoft Technologies IPO received strong investor interest on its second day of public bidding, with 9.05 crore shares subscribed, nearly three times the offer size. Non-Institutional Investors subscribed 597%, while retail investors booked 333% of their allotted quota. The company raised Rs 500 crore, with Rs 180 crore through a fresh issue and Rs 320 crore through an offer-for-sale by prom