Excelsoft Technologies IPO
GMP, Subscription, Price, Dates & Financial Details
It - Software
Excelsoft Technologies Limited – Company OverviewFounded: 2000 Headquarters: Mysuru, India Global Presence: India, Malaysia, Singapore, the United Kingdom, and the United StatesAbout Excelsoft Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company specializing in the…
Open Date
Wed, 19 Nov 2025
Close Date
Fri, 21 Nov 2025
Price Band
₹ 114 – 120
Lot Size
125
Issue Size
₹ 500.00 Cr
Minimum Investment
₹ 15,000 (125 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Excelsoft Technologies IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹500.00 Crore, comprising a fresh issue of 1.50 Crore equity shares aggregating to ₹180.00 Crore and an offer for sale (OFS) of 2.67 Crore equity shares aggregating to ₹320.00 Crore by the existing shareholders.
The Excelsoft Technologies IPO remained open for subscription from November 19, 2025, to November 21, 2025. The basis of allotment was finalized on November 24, 2025, and the company's shares were listed on the NSE and BSE on November 26, 2025.
The company had fixed the price band at ₹114 to ₹120 per share, with a lot size of 125 shares. Retail investors were required to make a minimum investment of ₹15,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Anand Rathi Advisors Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Excelsoft Technologies Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Excelsoft Technologies IPO Timeline (Tentative)
- IPO Open Date
- Wed, 19 Nov 25
- IPO Close Date
- Fri, 21 Nov 25
- Basis of Allotment
- Mon, 24 Nov 25
- Initiation of Refunds
- Tue, 25 Nov 25
- Credit of Shares to Demat
- Tue, 25 Nov 25
- Listing Date
- Wed, 26 Nov 25 — NSE & BSE
Open Date
19 November 2025
Close Date
21 November 2025
Basis Of Allotment
24 November 2025
Listing Date
26 November 2025
IPO Subscription
Check Live Subscription →The Excelsoft Technologies IPO has received bids for 1,32,59,07,625 shares against 3,07,01,754 shares offered, resulting in an overall subscription of 43.19x. the NII category is subscribed 101.69x, Retail Investors 15.62x, and QIBs 47.55x. Within the NII category, BNII is subscribed 116.79x, while SNII is subscribed 71.49x.
QIB
47.55x
NII
101.69x
BNII
116.79x
SNII
71.49x
RII
15.62x
Total
43.19x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,53,50,877 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 87,71,929 shares (28.57%), while Non-Institutional Investors (NIIs) receive 65,78,948 shares (21.43%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 8,771,929 | 28.57% |
| Non-Institutional | 6,578,948 | 21.43% |
| BNII | 4,385,966 | 14.29% |
| SNII | 2,192,982 | 7.14% |
| Retail Investors | 15,350,877 | 50% |
| Total | 30,701,754 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Excelsoft Technologies Limited KPI Information
| 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 |
| Pat Margin % | 14.87 | 6.43 | 11.49 |
Peers Comparison
| 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 |
About Excelsoft Technologies Limited
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.
Excelsoft Technologies IPO Promoters
- Pedanta Technologies Private Limited
- Dhananjaya Sudhanva
- Lajwanti Sudhanva
- Shruthi Sudhanva
Promoters Holding
Holding Pre Issue
94.60%
Holding Post Issue
0.00%
Excelsoft Technologies IPO Objective
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
Excelsoft Technologies Limited Address / 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/
IPO Snapshot
Excelsoft Technologies IPO Lot Size
The Excelsoft Technologies IPO has a lot size of 125 shares. Retail investors require a minimum investment of ₹15,000 by applying for 1 lot (125 shares). The maximum application allowed for the retail category is 13 lots (1,625 shares), requiring an investment of ₹1,95,000.
| 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 |
Issue Reservation
- QIB — 28.57%
- NII — 21.43%
- RII — 50%
Book Running Lead Managers
- Anand Rathi Advisors Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Excelsoft Technologies IPO?
Excelsoft Technologies IPO is a Book-building IPO with a total issue size of ₹500 crore. The Excelsoft Technologies IPO price band is ₹114 to 120 per share. The Excelsoft Technologies IPO subscription opens on Wed, Nov 19, 2025, and closes on Fri, Nov 21, 2025. The Excelsoft Technologies IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the Excelsoft Technologies IPO.
When will the Excelsoft Technologies IPO open for subscription?
The Excelsoft Technologies IPO opens on Wed, Nov 19, 2025 and closes on Fri, Nov 21, 2025
What is Excelsoft Technologies IPO Price Band?
Excelsoft Technologies IPO Price Band is ₹114 to 120 per share.
What is Excelsoft Technologies IPO Lot Size?
Excelsoft Technologies IPO lot size is 125 shares, Retail investors need a minimum investment of ₹15000 based on the upper price band
What is the minimum investment for Excelsoft Technologies IPO?
The minimum investment for Excelsoft Technologies IPO is ₹15000, based on one lot of 125 shares at the upper price band of ₹120 per share.
How to apply for Excelsoft Technologies IPO?
Investors can apply for the Excelsoft Technologies IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Nov 21, 2025. The application amount remains blocked until the Excelsoft Technologies IPO allotment is finalized.
What is Excelsoft Technologies IPO Issue Size?
Excelsoft Technologies IPO issue size is ₹500 crores.
What is the Excelsoft Technologies IPO Allotment Date?
Excelsoft Technologies IPO allotment date is Mon, Nov 24, 2025.
Who is the Excelsoft Technologies IPO Registrar?
The registrar for Excelsoft Technologies IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Excelsoft Technologies IPO allotment status, refund processing, and other IPO-related information.
What is the Excelsoft Technologies IPO GMP?
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 3.33% over the issue price.
Who is the Excelsoft Technologies IPO Lead Manager?
The book-running lead managers (BRLMs) for the Excelsoft Technologies IPO are Anand Rathi Advisors Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Excelsoft Technologies IPO Red Herring Prospectus (RHP).