Excelsoft Technologies’ Rs 500 crore IPO allotment status is out Monday after strong demand, with subscriptions reaching 45.46 times. The education-tech SaaS firm, boasting global clients and AI-driven platforms, saw significant interest from all investor categories. Investors can check their allotment online, with shares expected to list Wednesday.
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries