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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.
Revenue Growth
Sotefin Bharat
| Companies Name | Open - Close | Issue Size | Min. Qty | Issue Price | Apply |
|---|---|---|---|---|---|
Sotefin Bharat SME | 16th Jul 2026 - 20th Jul 2026 | 89.76 Cr | 600 Shares | ₹ 178.00 | |
Caliber Mining & Logistics Mainboard | 17th Jul 2026 - 21st Jul 2026 | 450.00 Cr | 35 Shares | ₹ 402.00 |

Open Date
19 Nov 2025
Close Date
21 Nov 2025
Min Investment
₹15000
Lot Size
125 Shares
Issue Size
₹500 Cr
Price Range
₹114 - ₹120
Listing Date
Nov 26, 2025
IPO Doc
RHP PDFCompany Valuation
Earning Expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.
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%
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.
Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).
In Cr.
| 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 |
Pedanta Technologies Private Limited
Dhananjaya Sudhanva
Lajwanti Sudhanva
Shruthi Sudhanva
94.60%
59.09%
Excelsoft Technologies
1-B, Hootagalli Industrial Area, Mysuru, Karnataka, 570018
MUFG Intime India Pvt.Ltd.
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.
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.
The company transact a significant portion of its business in several other currencies, primarily in USD (61.97%) and GBP (24.09%) as of June 2025. It reported an unrealised forex loss of ₹0.05 crore in Q1FY26 and does not currently hedge exposures. Any adverse movements in exchange rates could impact the company’s profitability and margins.
A major portion of the company’s business is concentrated in two sectors: publishers and certification & testing agencies, which together contributed 78.03% of revenue in Q1FY26, 78.00% in FY25, 67.07% in FY24, and 70.03% in FY23. This heavy reliance exposes the company to sector-specific risks. Any slowdown in outsourcing trends, regulatory restrictions, or consolidation within these industries could reduce demand for its services.