Excelsoft Technologies Limited – IPO

Excelsoft Technologies IPO is a book build issue of ₹500.00 crores. The issue is a combination of fresh issue of 1.50 crore shares aggregating to ₹180.00 crores and offer for sale of 2.67 crore shares aggregating to ₹320.00 crores. Excelsoft Technologies IPO opens for subscription on Nov 19, 2025, and closes on Nov 21, 2025. The allotment for the Excelsoft Technologies IPO is expected to be finalized on November 24, 2025. Excelsoft Technologies IPO will list on BSE, NSE, with a tentative listing date fixed as Nov 26, 2025. Excelsoft Technologies' IPO price band is set at ₹114.00 to ₹120.00 per share. The lot size for an application is 125. The minimum amount of investment required by a retail investor is ₹15,000 (125 shares) (based on the upper price). The lot size investment for sNII is 14 lots (1,750 shares), amounting to ₹2,10,000, and for bNII, it is 67 lots (8,375 shares), amounting to ₹10,05,000.

Excelsoft Technologies Limited – IPO Details

IPO Date November 19, 2025 to November 21, 2025
Listing Date November 26, 2025
Face Value ₹ 10 / Share
Price Band ₹ 114 to ₹ 210 / Share
Lot Size 125 Shares
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 of ₹10
(Aggregating up to ₹320.00 Cr)
Employee Discount
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Share holding pre issue 10,00,84,164 shares
Share holding post issue 11,50,84,164 shares
Market Maker portion

Excelsoft Technologies Limited Timeline (Tentative Schedule)

Excelsoft Technologies Limited IPO opens on November 19, 2025, and closes on November 21, 2025.

IPO Open Date November 19, 2025
IPO Close Date November 21, 2025
Basis of Allotment November 24, 2025
Initiation of Refunds November 25, 2025
Credit of Shares to Demat November 25, 2025
Listing Date November 26, 2025
Cut-off time for UPI mandate confirmation November 21, 2025

Excelsoft Technologies Limited IPO 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 Individual Investors (Retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 125 Rs.26,250
Retail (Max) 13 1,625 Rs.341,250
S-HNI (Min) 14 1,750 Rs.367,500
S-HNI (Max) 66 8,250 Rs.1,732,500
B-HNI (Min) 67 8,375 Rs.1,758,750
HNI (Min)

Excelsoft Technologies Limited IPO Promoter Holding

Share Holding Pre Issue 94.60%
Share Holding Post Issue

Excelsoft Technologies Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not more than
50 %
NII (HNI) Shares Offered Not less than
15%
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not less than
35%
Employee Shares Offered
Total Shares Offered

Excelsoft Technologies Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Excelsoft Technologies Limited

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

Competitive Strength

  • 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.

Key Performance Indicator

KPI Values
ROE 10.38
ROCE 16.11
Debt/Equity 0.05
RoNW 10.38
P/BV
PAT Margin (%) 14.87%
  Pre IPO Post IPO
EPS (Rs) 1.27
P/E (x)

Note:

  • The Pre IPO EPS is calculated based on Pre issue shareholding as on the date of RHP and the latest FY earnings as of March 31, 2024, that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024, that is available in RHP.

Objects of the Issue (Excelsoft Technologies Limited IPO Objectives)

Excelsoft Technologies Limited Contact Details

Excelsoft Technologies Ltd.

1-B,

Hootagalli Industrial Area,

Mysuru, Karnataka, 570018

Phone: +91 821 428 2247

Email[email protected]

Websitehttp://www.excelsoftcorp.com/

Excelsoft Technologies Limited IPO Registrar

MUFG Intime India Pvt.Ltd.

Phone: +91-22-4918 6270

Email[email protected]

Websitehttps://linkintime.co.in/Initial_Offer/public-issues.html

Frequently Asked Questions


What is Excelsoft Technologies Limited IPO?
The Excelsoft Technologies Limited IPO is classified as an Mainline IPO. The issue price is set between ₹114 and ₹210 per equity share. A minimum of 125 shares is required per order. The IPO will be open from November 19, 2025, to November 21, 2025. The shares are proposed to be listed on BSE, NSE.

When does the Excelsoft Technologies Limited IPO open and close?
The Excelsoft Technologies Limited IPO will be opened on November 19, 2025, and closed on November 21, 2025.

What is the issue size of the Excelsoft Technologies Limited IPO?
The size of the Excelsoft Technologies Limited IPO is ₹500.00 Crin total. A fresh issue of 1,50,00,000 shares shares, aggregating up to ₹180.00 Cr, is included.

What is the price band of the Excelsoft Technologies Limited Limited IPO?
The price band for the IPO has been set between ₹114 - ₹210 per equity share.

What is the allotment date of the Excelsoft Technologies Limited IPO?
The share allotment date for the Excelsoft Technologies Limited IPO is set for November 24, 2025.

What is the Excelsoft Technologies Limited listing date?
The Excelsoft Technologies Limited IPO is scheduled to be listed on November 26, 2025.

×
Unlock Your Trading Journey Today
Dedicated relationship manager to help in trading and investing