Mysore/Mysuru, Nov. 19 -- Mysuru-based Software as a Service (SaaS) company, earlier known as Excelsoft Technologies Private Limited and now known as Excelsoft Technologies Limited, has gone public with Initial Public Offering (IPO) opening for bidding this morning.

The company aims to raise Rs. 500 crore through IPO, which includes a fresh issue of 1.50 crore shares worth Rs. 180 crore and Offer of Sale (OFS) of 2.67 crore shares worth Rs. 320 crore.

The window for subscription will be open till Nov. 21 from today (Nov. 19) and the allotment is expected on Nov. 24.

The shares are also likely to be listed at the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on Nov. 26.

Speaking to Star of Mysore, Excelsoft Technologies...