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.
Astral shares drop 6% after demerger. What should investors do?
Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie.