Excelsoft Technologies IPO
Open MainLineCurrent GMP
₹4 (+3.33%)
Price Band
₹ 114 – 120
Lot Size
125
Issue Size
₹500 Cr
Minimum Investment
₹15000 (125 Shares)
Listing Date
26 November 2025
Subscription
43.19x
About the Company
Excelsoft Technologies Limited – Company Overview
Founded: 2000
Headquarters: Mysuru, India
Global Presence: India, Malaysia, Singapore, the United Kingdom, and the United States
About Excelsoft
Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company specializing in the learning and assessment market. The company designs and delivers AI-powered applications, test and assessment platforms, online proctoring solutions, learning experience platforms, student success systems, and digital eBook solutions that empower education and training organizations worldwide.
Clientele & Global Presence
Excelsoft serves a broad spectrum of clients, including educational publishers, universities, schools, government bodies, defense organizations, and corporate enterprises.
With a strong operational presence across India, Malaysia, Singapore, the UK, and the USA, the company partners with more than 200 organizations globally and impacts over 30 million learners.
Prominent 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
Product Segments
Assessment & Proctoring Solutions
- SARAS e-Assessments
- EasyProctor
Learning & Student Success Systems
- SARAS Learning Solutions
- OpenPage
- EnablED
- CollegeSparc
- LearnActiv (K–12 Learning Solutions)
Team & Workforce
As of December 31, 2024, Excelsoft employs 1,109 professionals worldwide, comprising experts in technology, education, design, and digital transformation.
Promoters
- Pedanta Technologies Private Limited
- Dhananjaya Sudhanva
- Lajwanti Sudhanva
- Shruthi Sudhanva
Promoters Holding
Holding Pre Issue
94.60%
Holding Post Issue
0.00%
Objects of the Issue
The Company Excelsoft Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of capital expenditure for purchase of land and construction of new building at the Mysore Property
- Funding of capital expenditure for upgradation and external electrical systems of our Existing Facility at Mysore, India
- Funding upgradation of our Company’s IT Infrastructure (Software, Hardware and Communications & Network Services)
- General Corporate Purposes
Address / Contact Info
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 19 November 2025
IPO Close Date
Friday, 21 November 2025
Basis of Allotment
Monday, 24 November 2025
Initiation of Refunds
Tuesday, 25 November 2025
Credit of Shares to Demat
Tuesday, 25 November 2025
Listing Date
Wednesday, 26 November 2025 — NSE & BSE
Important Dates
Open Date
19 November 2025
Close Date
21 November 2025
Basis Of Allotment
24 November 2025
Listing Date
26 November 2025
Financial Performance (₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 478.34 | 470.49 | 436.13 | 436.13 |
| Revenue | 60.28 | 248.8 | 200.7 | 197.97 |
| Profit After Tax | 6.01 | 34.69 | 12.75 | 22.41 |
| Net Worth | 375.95 | 371.29 | 297.3 | 278.08 |
| Reserve & Surplus | 274.25 | 269.66 | 295.71 | 276.48 |
| Total Borrowings | 37.82 | 26.59 | 76.73 | 118.09 |
EPS Pre
3.47%
EPS Post
2.09%
P/E Pre
34.62
P/E (Post Issue)
57.46x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 10.38 | 4.43 | 8.41 |
| ROCE % | 16.11 | 7.59 | 11.03 |
| Debt / Equity | 0.05 | 0.24 | 0.37 |
| RoNW % | 10.38 | 4.43 | 8.41 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 14.87 | 6.43 | 11.49 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 8771929 | 28.57 | 0 |
| Non-Institutional | 6578948 | 21.43 | 0 |
| BNII | 4385966 | 14.29 | 0 |
| SNII | 2192982 | 7.14 | 0 |
| Retail Investors | 15350877 | 50 | 0 |
| Total | 30701754 | 100 | 0 |
Subscription Status ( Fri, 21 Nov 25 01:57 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 8771929 | 417139125 | 47.55x |
| Non-Institutional | 6578948 | 668998875 | 101.69x |
| BNII | 4385966 | 512227250 | 116.79x |
| SNII | 2192982 | 156771625 | 71.49x |
| Retail Investors | 15350877 | 239769625 | 15.62x |
| Total | 30701754 | 1325907625 | 43.19x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Excelsoft Technologies Ltd | 10 | 0.00 | 3.47 | 3.47 | 10.38 | 37.10 |
| MPS Ltd | 10 | 26.17 | 87.80 | 87.73 | 31.74 | 279.69 |
| Ksolves India Ltd | 10 | 22.42 | 14.47 | 14.47 | 153.95 | 17.51 |
| Silver Touch Technologies Ltd | 10 | 41.07 | 17.50 | 17.50 | 18.00 | 105.48 |
| Sasken Technologies Ltd | 10 | 42.19 | 33.30 | 33.04 | 6.36 | 531.24 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 125 | 15,000.00 |
| Retail (Max) | 13 | 1,625 | 195,000.00 |
| S-HNI (Min) | 14 | 1,750 | 210,000.00 |
| S-HNI (Max) | 66 | 8,250 | 990,000.00 |
| B-HNI (Min) | 67 | 8,375 | 1,005,000.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Anand Rathi Advisors Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Excelsoft Technologies IPO is a Book-building IPO worth ₹500 crores. The price band is ₹114 to 120 per share. The IPO opens on Wed, Nov 19, 2025 and closes on Fri, Nov 21, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Excelsoft Technologies IPO opens on Wed, Nov 19, 2025 and closes on Fri, Nov 21, 2025
Excelsoft Technologies IPO Price Band is ₹114 to 120.
Excelsoft Technologies IPO lot size is 125, and the minimum amount required for application is ₹15000.
The minimum investment for Excelsoft Technologies IPO is approximately ₹15000 based on the upper price band.
To apply for the Excelsoft Technologies IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Nov 21, 2025. After submission, funds are blocked until the basis of allotment of Excelsoft Technologies IPO is finalised.
Excelsoft Technologies IPO issue size is ₹500 crores.
Excelsoft Technologies IPO allotment date is Sat, Jun 27, 2026.
The registrar for Excelsoft Technologies IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Excelsoft Technologies IPO through their official website or helpline.
The Excelsoft Technologies IPO GMP (Grey Market Premium) is ₹4 as of Wed, Nov 26, 2025. Based on the upper price band of ₹120 per share, the estimated Excelsoft Technologies IPO listing price is ₹124, indicating a potential listing gain of approximately 31% over the issue price.