A subsidiary of Prudential will sell up to 10% stake in the IPO, with the asset manager eyeing a valuation of $12 billion
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ICICI Prudential AMC to launch ₹10,721 cr IPO in second week of Dec: Report
Since 2012
A subsidiary of Prudential will sell up to 10% stake in the IPO, with the asset manager eyeing a valuation of $12 billion
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The initial public offer of Excelsoft Technologies Ltd received 43.19 times subscription on the closing day of bidding on Friday. The IPO got bids for 1,32,59,07,625 shares against 3,07,01,754 shares on offer, according to NSE data. Among the investor categories, the non-institutional investor portion attracted 101.69 times the subscription, while the quota for Qualified Institutional Buyers (QIBs) got subscribed 47.55 times. The category for Retail Individual Investors (RIIs) fetched 15.62 times subscription. 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…