New Delhi : The initial public offer of Excelsoft Technologies Ltd received 1.45 times subscription on the first day of bidding on Wednesday.The three-day IPO got bids for 4,45,38,250 shares against 3,07,01,754 shares on offer, as per NSE data.

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The category for non-institutional investors fetched 2.45 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 1.85 times. The portion meant for Qualified Institutional Buyers (QIBs) received 1 per cent subscription.

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Excelsoft Technologies, a vertical SaaS (software-as-a-service) company focused on the learning and assessment market, on Tuesday said it has garnered Rs 150 crore from anchor investors.The Rs 500-crore IPO will conclude on November 21. The price band has been fixed a

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