Excelsoft Technologies IPO Details

MAINBOARD

Excelsoft Technologies IPO opens for subscription on 19 Nov 2025 and closes on 21 Nov 2025. The IPO will be listed on NSE, BSE with the tentative listing date set for 26 Nov 2025.

Excelsoft Technologies IPO price band has been fixed at ₹114 – ₹120 per share.The face value is ₹10 per share with a lot size of 125.

Excelsoft Technologies IPO total issue size comprises 4,16,66,666 shares (aggregating up to ₹500.00 Cr.). This includes a fresh issue of 1,50,00,000 shares (aggregating up to ₹180.00 Cr.). Offer for Sale consists of 2,66,66,666 shares (aggregating up to ₹320.00 Cr.). Pre-issue shareholding stands at 10,00,84,164, which will increase to 11,50,84,164 post-issue.

Excelsoft Technologies IPO carries a ₹8 (6.7%) GMP, reflecting investor sentiment.

Excelsoft Technologies IPO Lot Size : Retain Minimum is 1 lot (125 shares) amounting to ₹15,000. Retain Maximum is 13 lots (1,625 shares) amounting to ₹195,000. SHNI Minimum is 14 lots (1,750 shares) amounting to ₹210,000. SHNI Maximum is 66 lots (8,250 shares) amounting to ₹990,000. BHNI Minimum is 67 lots (8,375 shares) amounting to ₹1,005,000.

The Lead Managers for Excelsoft Technologies IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Anand Rathi Advisors Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Excelsoft Technologies Limited RHP.

Excelsoft Technologies IPO Details

Open Date
19 Nov 2025
Close Date
21 Nov 2025
Listing Date
26 Nov 2025
Issue Price
₹114 - ₹120
Face Value
₹10 per share
Lot Size
125
GMP
₹8 (6.7%)
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
100084164
Share holding post issue
115084164
Total Issue Size
4,16,66,666 shares (aggregating up to ₹500.00 Cr.)
Fresh Issue
1,50,00,000 shares (aggregating up to ₹180.00 Cr.)
Offer for Sale
2,66,66,666 shares (aggregating up to ₹320.00 Cr.)

Excelsoft Technologies IPO Subscription

Excelsoft Technologies IPO Application Wise Breakup (Approx)

Excelsoft Technologies IPO Dates

  • 19 Nov 2025
    Opening dateOPD
  • 21 Nov 2025
    Closing dateCOD
  • 24 Nov 2025
    Allotment Date BOA
  • 25 Nov 2025
    Initiation of RefundsIOR
  • 25 Nov 2025
    Credit of SharesCOS
  • 26 Nov 2025
    Listing dateLID

Excelsoft Technologies IPO Lot Size

ApplicationLotsSharesAmount
Retain Minimum1125₹15,000
Retain Maximum131625₹195,000
SHNI Minimum141750₹210,000
SHNI Maximum668250₹990,000
BHNI Minimum678375₹1,005,000

Excelsoft Technologies IPO Reservation

Promoter Holding

Pre Issue:94.60%
Post Issue:59.09%
Promoter Names:
Pedanta Technologies Private Limited, Dhananjaya Sudhanva, Lajwanti Sudhanva, Shruthi Sudhanva

Excelsoft Technologies IPO Valuations

ROE:4.43%
ROCE:7.59%
DEBT/EQUITY:0.24
RONW:4.43%
PAT MARGIN:6.43%
EPS Pre IPO:1.27

Excelsoft Technologies Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets478.34470.49421.03436.13
Total Income60.28248.80200.70197.97
Profit After Tax6.0134.6912.7522.41
EBITDA1.833.1454.9768.18
NET Worth375.95371.29297.30278.08
Reserves and Surplus274.25269.66295.71276.48
Total Borrowing37.8226.5976.73118.09
Amount in ₹ Crore

About Excelsoft Technologies IPO

Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company specialising in the learning and assessment market. The company provides AI-powered applications, test and assessment platforms, online proctoring solutions, learning experience platforms, student success platforms, and digital eBook platforms.
 

The company's SARAS LMS, including EnablED LXP and OpenPage digital books, offer tailored learning support for academic institutions and corporations, addressing their training, learning, and development needs.

Excelsoft serves a diverse range of clients, including educational publishers, universities, schools, government agencies, defence organisations, and businesses.

With operations in India, Malaysia, Singapore, the UK, and the USA, the company collaborates with over 200 organisations and impacts more than 30 million learners worldwide.

Some of its prominent and long-standing clients include Pearson Education, Inc., AQA Education, Colleges of Excellence, NxGen Asia PTE LTD., Pearson Professional Assessments Limited, Sedtech for Technology Education & Learning WLL, Ascend Learning LLC, Brigham Young University – IDAHO and more.

As of June 30, 2025, Excelsoft has a team of 1,118 employees.

Product Segments

  1. Assessment & Proctoring Solutions
  • SARAS e-Assessments
  • EasyProctor
  1. Learning & Student Success Systems
  • SARAS Learning Solutions
  • OpenPage
  • EnablED
  • CollegeSparc
  • LearnActiv - K12 Learning Solutions

Strength Of Excelsoft Technologies IPO

  • Expertise in product engineering, development and implementation across assessments, digital learning & information management systems with robust product capabilities.
  • Long term relationships with global customers.
  • Expertise in delivering fully compliant digital learning and assessment solutions to clients globally.
  • Flexibility to work with diversified technologies to provide the right-fit solution, driven by agile methodologies.
  • Robust Operating Parameters.
  • Experienced Management Team and Promoters with expertise in developing products, backed by a professional management team and experienced board driving high corporate governance standards.

Risk Of Excelsoft Technologies IPO

  • Its business subjects the company to risks in multiple countries where subsidiary companies and its customers are situated. The company derives a significant portion of its revenues from clients located in the United States of America, Singapore and the United Kingdom. Should the company expand its business operations in these jurisdictions and to other geographies, any adverse developments in these markets could adversely affect its business.
  • A significant portion of its revenue over the last three Fiscals and the six months period ended September 30, 2024, is derived from Pearson Education Group. Any decrease in revenues from Pearson Education Group or any loss of business from Pearson Education Group may adversely affect its business, financial condition, cash flows and results of operations.
  • Its ability to retain the customers is heavily dependent upon various factors including its reputation and the company ability to maintain a high level of service quality including its satisfactory performance for the customers. Any failures by it to retain or attract customers may impact its business and revenues.
  • The company depends on certain key customers for a significant portion of its revenues (the company top 5, top 10 and top 20 customers contributed to 59.53%, 72.16% and 87.33%, respectively, of its revenue from operations in Fiscal 2024). Any decrease in revenues from any of its key customers or any loss of these customers may adversely affect the company business, financial condition, cash flows and results of operations.
  • The Company had negative cash flow during certain fiscal years. Sustained negative cash flow could adversely impact its business, financial condition and results of operations.
  • The commercial success of its services depends to a significant extent on the success of the end use customers. If there is any downturn in the industries in which the company customers operate, it could have a material adverse effect on its business, financial condition and results of operations.
  • The company past growth rates may not be indicative of the company future growth, and if the company is unable to adapt to evolving market trends, manage its growth or execute the company strategies effectively, its business, financial condition and results of operations may be adversely affected.
  • Its services may contain coding or configuration errors or other defects that could harm its reputation, be expensive to correct, delay revenues, and expose it to litigation.
  • The company is dependent on the strength and recognition of its brand and reputation, which may be damaged by the activities of third-parties and entities, which could harm its brand and reputation, and further harm the results of the company operations and profitability.
  • There have been certain instances of non- compliances and delay in filings with respect to certain regulatory filings under the Companies Act, 2013 by the Company in the past. Further, its may be subject to regulatory actions and penalties for any such past or future non-compliance or delays and its business, financial condition and reputation may be adversely affected.

Objectives Excelsoft Technologies IPO

1. Funding of capital expenditure for purchase of land and construction of new building at the Mysore Property.

2. Funding expenditure for upgradation including external electrical systems of our Existing Facility at Mysore, India.

3. Funding upgradation of our Company’s IT Infrastructure (Software, Hardware and Communications & Network Services).

4. General Corporate Purposes.

Company Contact Details

Excelsoft Technologies Ltd.
1-B,
Hootagalli Industrial Area,
Mysuru, Karnataka, 570018
Phone: +91 821 428 2247
Email: ipo@excelsoftcorp.com
Website: http://www.excelsoftcorp.com/

Registrar Contact Details

Name: MUFG Intime India Private Limited
Phone: +91-22-4918 6270

Comments