New Delhi, Nov. 21 -- Excelsoft Technologies IPO in focus: The initial public offering (IPO) of Excelsoft Technologies received a healthy response from investors during its bidding period, with the issue being subscribed over 45 times by the end of Day 3, as it attracted strong interest from institutional investors.

The Excelsoft Technologies IPO, which ran from November 19 to November 21, received bids for 132.6 crore shares against the 2.92 crore shares on offer, resulting in a subscription rate of 45.46 times.

Non-institutional investors showed strong interest, with their portion subscribed 107 times as they placed bids for 41.71 crore shares compared with the allotted 83.33 lakh shares.

The qualified institutional buyers (QIB) segm...