Excelsoft IPO soars 13.6x on final day amid strong demand
Excelsoft Technologies' IPO closed with a strong 13.62x subscription on Day 3, driven by heavy NII and retail interest. The GMP has eased to ₹14, indicating a possible listing near ₹134. Brokerages flagged high valuations but noted long-term potential. Allotment will be finalised on November 24, with listing expected on November 26 on BSE and NSE.