New Delhi, Nov. 18 -- Excelsoft Technologies, a SaaS company, is all set to launch its initial public offering (IPO) on Wednesday, November 19. The book build issue of Rs.500 crore combines a fresh issue of about 1.50 crore shares to raise Rs.180 crore and an offer for sale (OFS) of 2.67 crore shares for Rs.320 crore.

According to grey market sources, Excelsoft Technologies IPO GMP on November 18 was Rs.16. This indicates the issue may be listed at a premium of 13 per cent over the issue price.

1. Excelsoft Technologies IPO price band: The mainboard IPO's price band has been fixed in the range of Rs.114 to Rs.120 per equity share.

2. Excelsoft Technologies IPO date: The IPO is opening for subscription on Wednesday, November 19, and wil...