Mumbai, Nov. 19 -- Excelsoft Technologies received bids for 4,45,38,250 shares as against 3,07,01,754 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (19 November 2025) The issue was subscribed1.45 times.

The issue opened for bidding on 19 November 2025 and it will close on 21 November 2025. The price band of the IPO is fixed between Rs 114 and 120 per share.

The IPO consists of a fresh issue of Rs 180 crore and offer for sale of Rs 320 crore. Excelsoft proposes to utilise Rs 61.7 crore from the net fresh issue proceeds for purchase of land and construction of new building at the Mysore property, Rs 39.5 crore for up-gradation including external electrical systems of its existing facility at Mysore, Rs 54.6 c...