IPO

Excelsoft Technologies Limited IPO

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IT Enabled Services

Listed On: Nov 26, 2025 at ₹ 135.0(NSE)

₹ 15000 /125 Shares

Check Allotment

19 Nov, 2025

Open Date

21 Nov, 2025

Close Date

24 Nov, 2025

Allotment Date

26 Nov, 2025

Listing Date
Price Summary

Last Closing

92.85 (-22.63%)

52 Week High

142.59

52 Week Low

81.91

Last Update

31-Dec-2025 3:30 PM
Expected Premium
+ ₹6-7 (5%)

*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.

Excelsoft Technologies IPO Live Subscription Details
View Subscription Details
QIB 50.06x
Retail 16.44x
NIIs 107.04x
BHNI 122.93x
SHNI 75.25x
Retail 16.44x
Total 45.46x
Last updated: 21 Nov 2025, 05:57 PM
Excelsoft Technologies IPO Issue Details
  • Issue Price ₹114-120 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 4,16,66,666 shares(aggregating up to ₹500 crore)
  • Fresh Share 1,50,00,000 shares(aggregating up to ₹180 crore)
  • Offer For Sale 2,66,66,666 shares(aggregating up to ₹320 crore)
  • Listing at BSE, NSE
  • List Price 135.0(NSE)
  • Listing Date 2025-11-26
  • Lead Manager Anand Rathi Advisors Ltd
  • Registrar MUFG Intime India Pvt.Ltd.
Market Lot Size

Investors can bid for a minimum of 125 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (min) 1 125 ₹15,000
Retail(max) 13 1,625 ₹1,95,000
SHNI(min) 14 1,750 ₹2,10,000
SHNI(max) 66 8,250 ₹9,90,000
BHNI(min) 67 8,375 ₹10,05,000
Excelsoft Technologies IPO Reservation

Excelsoft Technologies IPO offers total 41666666 shares. Out of which 8333334 (20%) allocated to QIB, 6250000 (15%) allocated to NII,14583333 (35%) allocated to RII, NA (NA%) allocated to employees and 12499999 (30%) allocated to Anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 12499999 (30%)
QIB Shares Offered 8333334 (20%)
NII (HNI) Shares Offered 6250000 (15%)
bNII > ₹10L 4166667 (10%)
sNII < ₹10L 2083333 (5%)
Retail Shares Offered 14583333 (35%)
Total Shares Offered 41666666 (100%)
Excelsoft Technologies IPO Documents
DRHP
RHP
ANCHOR
Excelsoft Technologies IPO Details


Excelsoft Technologies IPO is a book-built issue of ₹500 crores, The total issue size is ₹500 crores. The IPO of Excelsoft Technologies is priced at ₹114-120 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Nov 19, 2025 and ends on Nov 21, 2025. The allotment for Excelsoft Technologies IPO will be finalized on Nov 24, 2025. Excelsoft Technologies IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 26, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Retail investors can bid for a minimum of 125 shares, extendable to 15,000. S-HNIs will be able to bid for 1,750 shares at ₹2,10,000, while B-HNIs can also apply for a bid of 8,375 shares at ₹10,05,000. The book-running lead manager for the IPO is/are Anand Rathi Advisors Ltd.

The total issue ₹500 crore, comprising a fresh issue of 1,50,00,000 shares ₹180 crore and having Offer for Sale (OFS) of 2,66,66,666 shares to mop up ₹320 crore.

The Excelsoft Technologies IPO sets its price band at 114-120 for each share. A single application for Excelsoft Technologies Limited IPO must contain at least 125 shares. Sentiment investors need to invest a minimum of 125 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹15,000 In order to participate in the sNII, investors must purchase at least 14 lots of 1,750 shares for ₹2,10,000, while the bNII requires 67 lots of 8,375 shares for an investment of ₹10,05,000.

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Excelsoft Technologies IPO Subscription Analysis And Details
Retail
16.44x
QIB
50.06x
NII
107.04x
bNII
122.93x
sNII
75.25x
Total
45.46x
As on QIB NII
bNII   sNII 		Retail Total
Shares Offered / Reserved 83,33,334 62,50,000
41,66,667    20,83,333 		1,45,83,333 2,91,66,667
Day 1 19-11-25 05:00 PM
0.01 x 2.60 x
2.02 x   3.74 x 		1.98 x 1.55 x
Day 2 20-11-25 05:00 PM
0.09 x 19.19 x
19.25 x   19.08 x 		6.29 x 72.8 x
Day 3 21-11-25 05:00 PM
50.06 x 107.04 x
122.93 x   75.25 x 		16.44 x 45.46 x
Total No of Applications
17,59,826
Subscription on the basis of Applications
Retail:13.82x BHNI:25.30x SHNI:72.67x
Excelsoft Technologies Valuations
EPS Pre IPO ₹3.47/-
EPS Post IPO ₹2.09/-
P/E Pre IPO 34.62
P/E Post IPO 57.46
ROE 10.38%
ROCE 16.11%
Debt/Equity 0.05
RoNW 10.38%
PAT Margin 14.87
Price to Book Value 3.23
Market Cap. 1381.01 Cr.
Excelsoft Technologies Company Financials
In Crs.
In Cr.
30-Jun-25 31-Mar-25 31-Mar-24 31-Mar-23
Assets 478.34 470.49 421.03 436.13
Revenue 60.28 248.80 200.70 197.97
Profit After Tax 6.01 34.69 12.75 22.41
Net Worth 375.95 371.29 297.30 278.08
Reserves & Surplus 274.25 269.66 295.71 276.48
Total Borrowing 37.82 26.59 76.73 118.09
About Excelsoft Technologies Company

Excelsoft Technologies Limited is a global vertical SaaS company focused on the learning and assessment market. Founded in 2000, the company offers 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, provides customized learning support to academic institutions and corporations to cater to their training, learning, and development requirements.Excelsoft provides services to a wide range of clients: educational publishers, universities, schools, government agencies, and businesses.

Operating in India, Malaysia, Singapore, the UK, and the USA, the company works with more than 200 organisations and reaches over 30 million learners across the world.Some of its prominent 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 many more.

The headcount of Excelsoft as of June 30, 2025, is 1,118.

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Excelsoft Technologies - Promoter(s)

Pedanta Technologies Private Limited

Dhananjaya Sudhanva

Lajwanti Sudhanva

Shruthi Sudhanva

Pre Issue Share Holding : 94.60%

Post Issue Share Holding : 59.09%

Excelsoft Technologies IPO - Issue Objectives
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.

Excelsoft Technologies IPO - Anchor Investors

Excelsoft Technologies raises Rs 150 crore from 10 anchor investors ahead of Rs 500-crore IPO

The biggest anchor investor was Bengal Finance & Investment, associated with known investor Ashish Kacholia, which picked up 50 lakh shares for Rs 60 crore, while 360 ONE Equity Opportunity Fund bought 20.83 lakh shares for nearly Rs 25 crore.

Other investors that participated in the anchor book are Societe Generale, GKFF Ventures, Sanshi Fund, BNP Paribas Financial Markets, Alphamine Absolute Return Fund, Shine Star Build-Cap, and Rajasthan Global Securities.

Strength
Strong Expertise in Learning & Assessment Solutions: Excelsoft has deep expertise in product engineering, development, and implementation across assessments, digital learning, and information management systems. Its versatile, feature-rich products cover the entire learning and assessment lifecycle, tailored through a strong understanding of customer needs.
Long-term direct client relationships across the globe: The company sustains long-term associations with clients worldwide, thus fostering stable revenue streams, brand loyalty, and predictable growth-a key driver of long-term success and market presence.
Agile & Customisable Technology Solutions: Excelsoft shows flexibility in several technologies and leverages agile methodologies to present right-fit, configurable, and scalable platforms. Its solutions support many question types, different workflows, grading systems, and assessments catering to the needs of various learning and testing requirements.
Weakness
Rapid Technological Changes: The company is operating within one of the fastest-evolving industries, IT and SaaS. Failure to continuously innovate or adapt to new technologies and changing trends in the industry may impact its competitiveness, business growth, and financial performance.
Risk of Product Defects and Errors: Because the company provides complex technology-based services, any coding or configuration mistakes, bugs, or vulnerabilities may bring down the company's brand, delay its revenues, cause loss of valued customers, or even expose it to legal liabilities.
Unstamped and unregistered agreements: A number of the customer and business agreements are executed on unstamped white paper, which may limit legal enforceability and make such contracts inadmissible in court, unless penalties are paid, thereby creating an operational and legal risk.
Contact Details

Excelsoft Technologies

1-B, Hootagalli Industrial Area, Mysuru, Karnataka, 570018

+91 821 428 2247

ipo@excelsoftcorp.com

http://www.excelsoftcorp.com/

Registrar Contact Details

MUFG Intime India Private Limited (Link Intime)

+91-22-4918 6270

excelsofttechnologies.ipo@linkintime.co.in

https://in.mpms.mufg.com/Initial_Offer/public-issues.html