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Excelsoft Technologies IPO

EdTech - Listed on 26 November 2025

+12.5% listing gain
Issue Price (Upper)
Rs 120
Listing Price
Rs 135
Closing Price (NSE)
Rs 125.97
Total Subscription
43.19x

Excelsoft Technologies IPO listing summary

Excelsoft Technologies (EdTech) closed its IPO window in 2025 and listed on NSE and BSE on 26 November 2025 at an upper band issue price of Rs 120, opening at Rs 135 for a listing gain of +12.5% and closing day one at Rs 125.97 (+5.0% on closing basis). The IPO was subscribed 43.19x overall - QIB 47.55x, HNI/NII 101.69x, Retail 15.62x. The total issue size was Rs 500 Cr (Fresh Issue Rs 180 Cr, OFS Rs 320 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+12.50%
Listing Gain (Close)
+4.97%
Day Change After Listing
-7.53%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB47.55x
HNI / NII101.69x
Retail15.62x
Overall43.19x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 11.45x
Day 26.89x
Day 3 (Final)43.19x

Excelsoft Technologies IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 20+16.67%
Day 2Rs 17+14.17%
Day 3Rs 17+14.17%
Day 4Rs 17+14.17%
Day 5Rs 15+12.50%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
12.5%-16.7%
IPOGyani AI Prediction
-
Actual Listing Gain
+12.5%

Issue & financials

Issue SizeRs 500 Cr
Fresh IssueRs 180 Cr
OFSRs 320 Cr
IPO PE39.87
Peer / Sector PE32.90
PE vs Sector Ratio1.27
Latest EBITDA (Cr)31.40
Debt / Equity0.05

Market context at listing

How the broader market moved around the Excelsoft Technologies IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return+0.00%
Nifty 1W Return+0.01%
Nifty 1M Return+0.02%
Nifty during IPO window+0.01%

Excelsoft Technologies IPO - FAQs

What was the listing gain of Excelsoft Technologies IPO?

Excelsoft Technologies IPO listed at +12.5% versus the upper issue price of Rs 120 on 26 November 2025.

How many times was Excelsoft Technologies IPO subscribed?

Excelsoft Technologies IPO was subscribed 43.19x overall. QIB portion was subscribed 47.55x, HNI / NII 101.69x and Retail 15.62x.

What was the IPO GMP for Excelsoft Technologies?

IPO GMP started at Rs 20 on Day 1 and moved to Rs 15 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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