Excelsoft Technologies IPO Allotment Finalized: Check Status and Key Details 

The basis of allotment for the Excelsoft Technologies IPO, which was subscribed 43.19 times, was finalized on November 24, 2025, and investors can now check their status online via the BSE, NSE, or registrar MUFG Intime India websites using their PAN or application number; the shares are set to list on November 26, 2025, with a grey market premium (GMP) of ₹8, suggesting a potential listing gain over the ₹120 upper price band.

Excelsoft Technologies IPO Allotment Finalized: Check Status and Key Details 
Excelsoft Technologies IPO Allotment Finalized: Check Status and Key Details 

Excelsoft Technologies IPO Allotment Finalized: Check Status and Key Details 

The basis of allotment for Excelsoft Technologies’ ₹500 crore Initial Public Offering (IPO) was finalized on Monday, November 24, 2025. If you applied for the issue, you can now check your allotment status online. The company’s shares are scheduled to list on the BSE and NSE on Wednesday, November 26, 2025. 

📈 How to Check Your Allotment Status 

You can check your allotment status through the official websites of the stock exchanges or the IPO registrar. The process is straightforward and can be done using your PAN number or application details. 

On the BSE Website 

  • Select ‘Equity’ as the Issue Type. 
  • From the dropdown menu, choose ‘Excelsoft Technologies Limited’ as the Issue Name. 
  • Enter your Application Number or PAN number. 
  • Complete the captcha verification and click ‘Search’. Your allotment status will be displayed on the screen. 

On the NSE Website 

  • Select ‘Equity and SME IPO bids’ or a similar option. 
  • Choose ‘Excelsoft Technologies Limited’ from the Issue Name dropdown. 
  • Enter your PAN and Application Number. 
  • Click ‘Submit’ to view your status. 

On the Registrar’s Website (MUFG Intime India) 

  • From the dropdown menu, select ‘Excelsoft Technologies Limited’. 
  • You can identify yourself using your PANApplication NumberDP ID, or Account Number. 
  • Enter the required details and click ‘Search’ or ‘Submit’. 

📅 Key IPO Dates and Timeline 

Event Date 
IPO Opens November 19, 2025 
IPO Closes November 21, 2025 
Allotment Finalization November 24, 2025 
Refund Initiation November 25, 2025 
Credit of Shares to Demat November 25, 2025 
Listing on BSE & NSE November 26, 2025 

🏢 Company Overview and Financials 

Excelsoft Technologies is a Mysuru-based global vertical SaaS company specializing in the learning and assessment market. Founded in 2000, the company provides AI-powered applications, test and assessment platforms, online proctoring solutions, and digital eBook platforms. It serves a diverse clientele, including educational publishers, universities, government agencies, and corporations, impacting over 30 million learners worldwide. 

The company has demonstrated strong financial growth recently. For the fiscal year ending March 2025, it reported a total income of ₹248.80 crore and a profit after tax (PAT) of ₹34.69 crore. This represents a significant increase from the previous year, with profit after tax rising by 172% between FY24 and FY25. 

📊 IPO Subscription and GMP 

The public issue received an overwhelming response from investors, being subscribed 43.19 times overall. The demand was particularly strong from institutional investors. 

Investor Category Subscription (Times) 
Qualified Institutional Buyers (QIBs) 47.55x 
Non-Institutional Investors (NIIs) 101.69x 
Retail Individual Investors (RIIs) 15.62x 

The Grey Market Premium (GMP) is a gauge of market sentiment. As of November 24, the GMP was ₹8 per share. With the upper end of the IPO price band set at ₹120, this suggests an estimated listing price of around ₹128, indicating a potential listing gain of approximately 6.67%. It’s important to remember that GMP is unofficial and can fluctuate. 

The Excelsoft Technologies IPO has successfully transitioned to its final stages. With the allotment finalized, investors should now check their status and watch for the share credit and refunds on November 25, ahead of the official listing. 

I hope this information helps you. Would you like to know more about how to interpret your allotment status or the process for the listing day?