Excelsoft Technologies IPO will open for subscription on November 19, 2025 and closes on November 21, 2025. Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company focused on the learning and assessment market.
The company offers AI-powered applications, test and assessment platforms, online proctoring solutions, learning experience platforms, student success platforms and digital eBook platforms, delivered through cloud-based, standards-compliant architectures.
Its solutions serve education providers, corporates and certification bodies worldwide, supporting high-stakes examinations, large-scale digital learning programmes and data-driven insight into learner performance.
Excelsoft Technologies IPO Date
The key pointers for the Excelsoft Technologies IPO dates are:
- Bidding Opening Date: November 19, 2025
- Bidding Closing Date: November 21, 2025
- Allotment Date: November 24, 2025
- Initiation of Refunds (in case of less or no allotment): November 25, 2025
- Shares Credited to Your Demat Account: November 25, 2025
- IPO Listing Date: November 26, 2025
- Listing on Exchange: BSE and NSE
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Excelsoft Technologies IPO Issue Size
Excelsoft Technologies IPO valuation, as denoted by the market capitalisation, is targeted at ₹1,381.01 crores.
Here are the essential details:
- Excelsoft Technologies IPO Price Band: ₹114 to ₹120 per share
- Lot Size: 125 Shares
- Face Value: ₹10 per share
- Total Issue Size and Amount: 4.16 crore shares (aggregating up to ₹500 crores)
- Fresh Issue Size and Amount: 1.5 crore shares (aggregating up to ₹180 crores)
- Offer for Sale and Amount: 2.66 crore shares of ₹10 (aggregating up to ₹320 crores)
Excelsoft Technologies IPO Proceeds Usage
The offer for sale component of ₹320 crores will be allocated to the selling shareholder, Pedanta Technologies Private Limited.
The company plans to deploy the fresh issue proceeds of ₹180 crores towards the following objectives:
- To fund capital expenditure for acquiring land and constructing a new building at the Mysore property – ₹62 crores
- To finance the upgradation of the existing facility at Mysore, including improvements to external electrical systems – ₹39 crores
- To support the upgradation and strengthening of the Company’s IT infrastructure, covering software, hardware, and communication and network services – ₹55 crores
- Remaining amount for general corporate purposes
Excelsoft Technologies IPO Reservations
Excelsoft Technologies IPO reservations to different investors are:
- For QIBs: Not more than 50% of the Net Offer
- For NIIs: Not less than 15% of the Offer
- For Retail Investors: Not less than 35% of the Net Offer
Excelsoft Technologies IPO Lot Size
The Excelsoft Technologies IPO lot size is 125 shares, wherein bidding can be done in multiples. The minimum amount that each category of investor needs to bid in this IPO is:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹15,000 |
| S-HNI (Min) | 14 | 1,750 | ₹2,10,000 |
| B-HNI (Min) | 67 | 8,375 | ₹10,05,000 |
Excelsoft Technologies IPO Details: Promoter Holding
The promoters of the company are Pedanta Technologies Private Limited, Dhananjaya Sudhanva, Lajwanti Sudhanva, and Shruthi Sudhanva.
WHY SMC
- 20 Lac+ unique clients
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Excelsoft Technologies Ltd: Company Overview
Excelsoft Technologies Limited, founded in 2000, is a global vertical SaaS company focused on learning and assessment. It builds AI-powered platforms for testing, online proctoring, learning experience, student success and digital books.
Its SARAS suite, including EnablED and OpenPage, supports universities, schools, governments, defence institutions, publishers and corporates in delivering training, teaching and large-scale examinations.
Operating from India, Malaysia, Singapore, the UK and the USA, Excelsoft works with more than 200 organisations and reaches over 30 million learners worldwide. Key products such as SARAS e-Assessments, EasyProctor, CollegeSparc, and LearnActiv address needs from K12 learning to professional education.
The company’s strengths include deep product engineering capability, long-standing global client relationships and proven expertise in compliant digital learning solutions. Its flexible use of diverse technologies, agile delivery approach, robust operating metrics and experienced management team provide a strong foundation for future growth across global education technology markets and innovation.
Excelsoft Technologies IPO: Financial Performance
Excelsoft Technologies Ltd’s key financials for different periods are as follows:
| Particulars (in ₹ Cr) | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Total Income | 249 | 201 | 24% |
| Profit After Tax | 35 | 13 | 172% |
| EBITDA | 73 | 55 | 33% |
| Net Worth | 371 | 297 | 25% |
| Assets | 470 | 421 | 12% |
| Total Borrowings | 27 | 77 | -65% |
- Excelsoft Technologies Ltd’s total income increased by 24% year-on-year to ₹249 crores in FY25.
- Net profit surged by 172% year-on-year to ₹35 crores while EBITDA rose by 33% year-on-year to ₹73 crores in FY25.
- Net Worth grew by 25% year-on-year to ₹371 crores in FY25.
- Total assets increased by 12% year-on-year to ₹470 crores, and total borrowings declined by 65% year-on-year to ₹27 crores in FY25.
Excelsoft Technologies IPO Peer Comparison
Here is the peer comparison table for Excelsoft Technologies Ltd with its listed peers:
| Company Name (FY25) | EPS (Basic ₹) | P/E (x) | ROCE (%) | ROE (%) |
|---|---|---|---|---|
| Excelsoft Technologies Limited | 3.47 | 34.62 | 16.11 | 10.38 |
| MPS Limited | 87.80 | 26.17 | 44.99 | 32.23 |
| Ksolves India Limited | 14.47 | 22.42 | 148.56 | 129.39 |
| Silver Touch Technologies Limited | 17.50 | 41.07 | 20.39 | 17.52 |
| Sasken Technologies Limited | 33.30 | 42.19 | 8.07 | 6.29 |
| Infobeans Technologies Limited | 15.59 | 32.54 | 17.48 | 11.75 |
- EPS: Excelsoft Technologies Limited’s earnings per share (EPS) are the lowest at ₹3.47.
- P/E Ratio: Excelsoft’s price-to-earnings ratio of 34.62 is slightly higher than the industry P/E ratio of 32.88.
- ROCE: It has a moderate ROCE of 16.11% but it is lower than the top key players such as MPS and Ksolves.
- ROE: Similarly, it is generating a moderate return on equity of 10.38%.
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Excelsoft Technologies IPO Risk Factors
Excelsoft Technologies IPO GMP is ₹18 as of November 17, 2025 (at 14:53). It is expected to list at a 15% gain at a price of ₹138. However, GMP is not a safe or assured criterion to bid for an IPO. It is important to do your own analysis before investing in any IPO.
Excelsoft Technologies IPO is exposed to various risk factors that can eventually affect its business and investors’ perception:
- Any termination of the contract with the Pearson Education Group could lead to a reduction in revenues.
- A part of the net proceeds will be used to purchase land, but the company has not yet entered into definitive agreements for this, creating execution risk.
- Failure to keep pace with rapid technological change could negatively affect the company’s business and competitiveness.
- The company’s services may contain coding or configuration errors or other defects, which could damage its reputation and customer relationships.
- Existing indebtedness exposes the company to various financial risks that could impact its business and operating results.
- Insurance cover for the past three financial years has not extended to 100% of the company’s assets and may not fully protect it against operating hazards.
- The company is exposed to risks arising from currency exchange rate fluctuations.
- Revenue is significantly dependent on a limited number of verticals.
- Any inability to retain existing customers or attract new ones may adversely affect business and revenues.
- Certain agreements have been executed on unstamped white paper, which could raise questions over their validity and enforceability.
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Frequently Asked Questions – FAQs
1. What are the Excelsoft Technologies IPO dates?
Excelsoft Technologies IPO opens for subscription on November 19, 2025 and closes on November 21, 2025. The basis of allotment is expected on November 24, 2025, with refunds and credit of shares to Demat on November 25, 2025. The shares are proposed to list on the BSE and NSE on November 26, 2025.
2. What is the price band and lot size for the Excelsoft Technologies IPO?
The IPO price band is fixed at ₹114 to ₹120 per share. The lot size is 125 shares, and applications must be placed with a minimum investment of ₹15,000.
3. What is the total issue size and structure of the Excelsoft Technologies IPO?
The total issue size is 4.16 crore shares, aggregating up to ₹500 crores. This comprises a fresh issue of 1.5 crore shares (₹180 crores) and an offer for sale of 2.66 crore shares (₹320 crores).
4. How will Excelsoft Technologies use the IPO proceeds?
The fresh issue proceeds are proposed to be used for:
- Funding land purchase and construction of a new building at the Mysore property.
- Upgradation of the existing Mysore facility, including external electrical systems.
- Upgrading and strengthening IT infrastructure, including software, hardware, and communication and network services.
Author: All Content is verified by SMC Global Securities.
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- 20 Lac+ unique clients
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