Excelsoft IPO Day 1: GMP ₹16, subscription slow — Is this a buy for small-cap IT stock hunters? Excelsoft Technologies’ IPO opened this week with a price band of ₹114–₹120. On day one, the grey market premium (GMP) is about ₹16, but subscription numbers were modest by late morning. For investors who hunt small-cap IT stock opportunities or seek smallcap multibagger stock winners, the question is simple: apply or wait? This article breaks it down in plain words and also compares the IPO mood to small IT names like…