New Delhi, Nov. 20 -- Excelsoft Technologies IPO Day 2: The initial public offering (IPO) of Excelsoft Technologies opened for public subscription on Wednesday, November 19, and will conclude tomorrow, November 21.

The global vertical SaaS company has declared the Excelsoft Technologies IPO price band at Rs.114 to Rs.120 per equity share. The company aims to raise Rs.500 crore, out of which Rs.180 crore is aimed through the issuance of fresh shares. The remaining Rs.320 crore is reserved for the offer for sale (OFS) route.

MUFG Intime India has been appointed the official registrar of the book build issue. Anand Rathi Advisors has been appointed lead manager of the public issue.

The basis of allotment for the Excelsoft Technologies IPO...