New Delhi, Nov. 16 -- The primary market will take a breather as only two new initial public offerings (IPO) will open for subscription in the coming week. In the mainboard segment, Excelsoft Technologies IPO will be raising Rs.500 crore; meanwhile, Gallard Steel IPO will raise Rs.37.50 crore next week.

Apart from new issues, the market will also witness seven new IPOs make their stock market debut in the coming week.

Excelsoft Technologies IPO will open for subscription on November 19 and close on November 21. IPO is a book-built offering worth Rs.500 crore. It includes a fresh issue of 1.50 crore shares valued at Rs.180 crore, alongside an offer for sale of 2.67 crore shares totalling Rs.320 crore.

Excelsoft Technologies' IPO price b...