IPO Mania Ignites! Excelsoft Surges 23X, Sudeep Pharma Opens Strong - Is This the Next Big Investment Wave?

Overview

Excelsoft Technologies' IPO closed with massive investor interest, subscribed 23.45 times, driven by strong demand from QIBs, NIIs, and retail investors. The ₹500-crore issue, priced at ₹114-₹120, will fund expansion. Meanwhile, Sudeep Pharma's ₹895-crore IPO opened with robust initial subscription across NII and retail segments, aiming to boost its pharmaceutical ingredient business.