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Excelsoft Technologies IPO Subscription Status

Excelsoft Technologies IPO was subscribed 43.19 times when bidding closed on 21 Nov 2025: QIB 47.55x, NII 101.69x, Retail 15.62x.

The Excelsoft Technologies IPO has been subscribed 43.19x times overall. Retail investors have shown interest with bids for 15.62x the shares available. The Non-Institutional Investor (NII) category has been subscribed 101.69x. Within NII, Big HNI (B-HNI) subscribed 116.79x and Small HNI (S-HNI) subscribed 71.49x. Qualified Institutional Buyers (QIBs) have subscribed 47.55x. Data last updated on 27 Aug, 12:09 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 19 Nov, 2025 and closes on 21 Nov, 2025. The shares are expected to list on stock exchanges on 26 Nov, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Last updated 27 Aug 2026, 12:09 PM
Category Bid details Times
QIB - of 87,71,929 5,005.67 Cr 47.55x
NII - of 65,78,948 8,027.99 Cr 101.69x
Retail - of 1,53,50,877 2,877.25 Cr 15.62x
TOTAL - 17,04,328 applications 15,910.90 Cr 43.19x

Excelsoft Technologies IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹120.

Applications
17,04,328
Allottees
1,20,282
Overall odds
1 in 14
Amount collected
₹15,936 Cr
Category Apps Got Odds
TOTAL 31.87x subscribed 17,04,328 1,20,282 1 in 14

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 6.4% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 47.55x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
21 Nov 2025
Day 3
45.46x ▼
QIB50.06x BHNI- SHNI- Retail16.44x
20 Nov 2025
Day 2
7.32x ▼
QIB0.09x BHNI- SHNI- Retail6.34x
19 Nov 2025
Day 1
1.56x ▼
QIB0.01x BHNI- SHNI- Retail2.01x

Excelsoft Technologies IPO dates

From the bidding window to listing. Today is 3 October.

Key dates Listed
  1. Open 19 Nov 2025
  2. Close 21 Nov 2025
  3. Allotment 24 Nov 2025
  4. Refund/credit 25 Nov 2025
  5. Listing 26 Nov 2025

Excelsoft Technologies IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 in 16
~6.4% chance per PAN — based on 15.62x subscription. Winners get exactly 1 lot (₹15,000) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 in 72
~1.4% chance — based on 71.49x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 117
~0.9% chance — based on 116.79x subscription. Lottery allots the minimum B-HNI application of 67 lots (₹10.1 L) per winner; the rest is proportionate.
QIB (institutions)
47.55x
Proportionate allotment — at 47.55x, institutions receive ~2.1% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Excelsoft Technologies IPO?

As of IPO close date (21 Nov, 2025), the Excelsoft Technologies IPO is subscribed 43.19x times. Retail category is 15.62x, and NII is 101.69x subscribed.

When is the allotment date for Excelsoft Technologies IPO?

The allotment for Excelsoft Technologies IPO is expected to be finalized on 24 November, 2025.

When will Excelsoft Technologies IPO list on the stock market?

Excelsoft Technologies is scheduled to list on BSE and NSE on 26 November, 2025.

What are the chances of getting allotment in Excelsoft Technologies IPO?

The retail category is oversubscribed at 15.62x, meaning allotment is by lottery. Statistically, approximately 1 in 16 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 47.55x mean for Excelsoft Technologies IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 47.55x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Excelsoft Technologies IPO allotment status?

After the allotment date (24 Nov, 2025), you can check your Excelsoft Technologies IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
43.19x
QIB
47.55x
NII
101.69x
Retail
15.62x
Full IPO details