Excelsoft Technologies WOWS Investors! IPO Lists with HUGE 12.5% Premium - Is This the Next Big Tech Stock?

Overview

Excelsoft Technologies, a global vertical SaaS firm, made a strong debut on the Indian stock market. Its shares listed at ₹135 on NSE and BSE, a significant 12.5% premium over the IPO issue price of ₹120. The stock saw further gains post-listing, reaching highs of ₹142.59 on NSE. The successful IPO raised ₹500 crore, backed by robust investor demand and over 43 times subscription.