When does the Excelsoft Technologies IPO open and close?

The Excelsoft Technologies IPO opens on 19 Nov and closes on 21 Nov.

Where can I check the live subscription status of the Excelsoft Technologies IPO?

You can track the real-time subscription numbers using the links below: https://www.iposcanner.ai/ipo/excelsoft-technologies-ipo?tab=subscription

What is the issue size of the Excelsoft Technologies IPO?

The size of Excelsoft Technologies IPO is Total 4,16,66,666 shares(aggregating up to ₹500 crore) : #Fresh Issue : 1,50,00,000 shares(aggregating up to ₹180 crore) + #OFS : 2,66,66,666 shares(aggregating up to ₹320 crore).

What is the price band of the Excelsoft Technologies IPO?

The Excelsoft Technologies IPO price band is set between ₹114-120 per equity share.

What is the minimum investment for the Excelsoft Technologies IPO?

The minimum investment for the Excelsoft Technologies IPO is ₹15000.

What is the allotment date of the Excelsoft Technologies IPO?

The share allotment date of Excelsoft Technologies IPO is 24 Nov.

What is the Excelsoft Technologies IPO listing date?

The Excelsoft Technologies IPO will be listed on 26 Nov.

How to check Excelsoft Technologies IPO allotment status online?

Follow the steps to check the Excelsoft Technologies IPO allotment status online here: https://www.iposcanner.ai/ipo/excelsoft-technologies-ipo?tab=allotment

Who is the registrar for the Excelsoft Technologies IPO?

The registrar for the Excelsoft Technologies IPO is MUFG Intime India Pvt.Ltd.. You can check your allotment status on their official website.

Excelsoft Technologies

Open Date

19 Nov 2025

Close Date

21 Nov 2025

listed

Min Investment

₹15000

Lot Size

125 Shares

Issue Size

₹500 Cr

Price Range

₹114 - ₹120

Listing Date

Nov 26, 2025

IPO Doc

RHP PDF

About Excelsoft Technologies

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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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Revenue Growth

Company Valuation

Earning Expansion

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₹6.5(+5.00%)GMP

5.42%Prediction Listing Gain

Excelsoft Technologies IPO - Issue Objectives

The company will use ₹61.76 crore to purchase land and construct new buildings at Mysore ₹39.51 Cr for Mysore facility's external electrical system upgrade. ₹54.63 Cr for IT infrastructure upgrade. Part of the IPO proceeds will be used for general corporate purposes.

Capital expenditure

34.31%

Funds for upgradation

21.95%

Upgradation of IT Infrastructure

30.35%

General corporate purposes

13.39%

Capital expenditure

The company will use ₹61.76 crore to purchase land and construct new buildings at Mysore

34.31%

Funds for upgradation

₹39.51 Cr for Mysore facility's external electrical system upgrade.

21.95%

Upgradation of IT Infrastructure

₹54.63 Cr for IT infrastructure upgrade.

30.35%

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes.

13.39%

IPO Subscription Status

Retails

15.30x

QIB

30.59x

NII

100.03x

Financials of Excelsoft Technologies

In Cr.

Revenue: ₹60.28

EBITDA: ₹1.83

Profit: ₹6.01

Total Income

EBITDA

Total Profit

Negative Value

Key Performance Indicator	30-Jun-25 (In Cr.)	31-Mar-25 (In Cr.)	31-Mar-24 (In Cr.)	31-Mar-23 (In Cr.)
Revenue	60.28	248.80	200.70	197.97
EBITDA	1.83	3.14	54.97	68.18
Expenses
Profit After Tax	6.01	34.69	12.75	22.41
Assets	478.34	470.49	421.03	436.13
Net Worth	375.95	371.29	297.30	278.08
Reserves	274.25	269.66	295.71	276.48
Borrowing	37.82	26.59	76.73	118.09

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%

About Strength & Risks

Strengths5Risks4

Why this IPO looks interesting

Key positives investors may want to consider before applying.

Proven expertise across assessments, digital learning

The company has established deep product engineering and implementation capabilities across the entire lifecycle of learning and assessment. Its solutions are built on scalable, secure, and cloud-based architectures, ensuring strong reliability and cost efficiency. Years of product development experience, combined with a user-centric design and adherence to global data privacy standards, make it a preferred technology partner for large educational institutions and enterprises.

Long-standing relationships with clients

The company served 101 clients as of June 2025, with 24 clients associated for over 10 years and 40 clients for 5–10 years, highlighting exceptional retention. This long-term loyalty provides stability, loyalty, competitive advantage, and growth potential, as well as serves as a barrier to entry for competitors.

Expertise in delivering digital learning globally

The company has built a strong global presence with subsidiaries in the UK, USA, Singapore, and India, and operations in Dubai, serving clients across major international markets. As of June 2025, the company generated 60.69% of its revenue from North America and 24.53% from Europe & the UK, demonstrating strong diversification and scalability beyond India.

Flexibility to work with diversified technologies

The company leverages multiple technology stacks and agile methodologies to deliver customised, scalable assessment and learning solutions across K–12, certification, and corporate segments. It continuously invests in innovation, spending ₹3.02 crore in FY25 on employee upskilling in advanced tools like AI and AR/VR and others in the form of training programs, webinars, bootcamps, workshops and master classes. This ensures that the company is not tied to a single technology stack and can offer optimised solutions for its clients.

Strong operating parameters

The company operates with 1,118 employees, as of June 30, 2025, under a well-defined structure of standardised workflows, KPIs, and accountability systems to ensure operational consistency and scalability. These parameters support efficient resource utilisation, streamlined processes, and data-driven performance monitoring across business functions.

Contact Details

Excelsoft Technologies

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

+918214282247

[email protected]

http://www.excelsoftcorp.com/

Registrar Contact Details

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

[email protected]

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

Excelsoft Technologies IPO - FAQs

Excelsoft Technologies IPO is a Mainboard IPO. The issue is priced at ₹114-120 per equity share. The minimum order quantity is 125 Shares. The IPO opens on 19 Nov, and closes on 21 Nov. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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