Excelsoft Technologies Limited Link 
Allotment
The Excelsoft Technologies IPO will open for subscription on November 19, 2025, and close on November 21, 2025. This IPO is a book-building issue, through which the company plans to raise approximately ₹500 crore. The issue includes a fresh issue of ₹180 crore and an offer for sale of up to 2,66,66,666 equity shares, each having a face value of ₹10.
The price band for the Excelsoft Technologies IPO has been fixed at ₹114 to ₹120 per share. The allocation is divided as follows: 50% for QIBs, 35% for retail investors, and 15% for HNIs. The IPO is scheduled to be listed on both BSE and NSE on November 26, 2025, while the allotment date is November 24, 2025.
Financially, the company has shown strong growth. Excelsoft Technologies reported a revenue of ₹248.80 crore in FY2025, compared to ₹200.70 crore in FY2024. Net profit also increased significantly to ₹34.69 crore in FY2025, from ₹12.75 crore in FY2024.
Based on its financial performance and growth trajectory, the IPO appears suitable for long-term investors.
₹120
0%
Open
₹120
HIgh - Low
₹120
Previous Close
₹120
Total Traded Value
0
52 Weeks High
₹120
52 Weeks Low
₹120
Updates On
Nov 10, 2025
IPO. Open
Nov 19, 2026
IPO. Close
Nov 21, 2026
IPO. Price
₹120.00
IPO Market price
₹1,381.01 Cr
IPO Details
| IPO Date | 26 Nov |
| IPO Listing Date | 26 Nov |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹120.00 |
| IPO Issue Size | 4,16,66,666 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| Share Holding Pre Issue | 10,00,84,164 shares |
IPO Timeline
| IPO Open Date | 19 Nov |
| IPO Close Date | 21 Nov |
| IPO Allotment (Tentative) | 24 Nov |
| Refunds | 25 Nov |
| Credit to Demat Account | 25 Nov |
| IPO Listing Date | 26 Nov |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 87,71,929 |
| NII (HNI) Shares Offered | 65,78,948 |
| Retail Shares Offered | 1,53,50,877 |
IPO Lot Size
Investors can bid for a minimum of 125 shares, with additional shares in multiples of 125.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹15,000 |
| Retail (Max) | 13 | 1,625 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1,750 | ₹2,10,000 |
| S-HNI (Max) | 66 | 8,250 | ₹9,90,000 |
| B-HNI (Min) | 67 | 8,375 | ₹10,05,000 |
Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company focused on the learning and assessment ecosystem. The company offers a comprehensive suite of AI-powered solutions, including test and assessment platforms, online proctoring systems, learning experience platforms (LXP), student success platforms, and digital eBook solutions.
Excelsoft’s flagship SARAS LMS, along with EnablED LXP and OpenPage digital books, delivers customised learning and development solutions for academic institutions and corporate clients, helping them address training, education, and skill development requirements effectively.
The company caters to a broad and diverse client base that includes educational publishers, universities, schools, government bodies, defence organisations, and enterprises. With a strong global presence across India, Malaysia, Singapore, the UK, and the USA, Excelsoft partners with over 200 organisations and supports more than 30 million learners worldwide.
Some of its notable 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, and Brigham Young University – Idaho, among others.
As of June 30, 2025, the company employed 1,118 professionals, reflecting its strong operational scale.
### Product Segments
**Assessment & Proctoring Solutions**
* SARAS e-Assessments
* EasyProctor
**Learning & Student Success Systems**
* SARAS Learning Solutions
* OpenPage
* EnablED
* CollegeSparc
* LearnActiv – K12 Learning Solutions
### Competitive Strengths
* Strong expertise in product engineering, development, and implementation across assessment, digital learning, and information management systems
* Long-standing relationships with global customers
* Proven capability in delivering fully compliant digital learning and assessment solutions worldwide
* Technological flexibility and agile development approach to deliver customised solutions
* Robust operational performance and scalable business model
* Experienced management team and promoters with deep domain and product development expertise
Company Financials (Consolidated)
| Assets | 478.34 | 470.49 | 421.03 |
| Total Income | 60.28 | 248.8 | 200.7 |
| Profit After Tax | 6.01 | 34.69 | 12.75 |
| EBITDA | 10.18 | 73.26 | 54.97 |
| NET Worth | 375.95 | 371.29 | 297.3 |
| Reserves and Surplus | 274.25 | 269.66 | 295.71 |
| Total Borrowing | 37.82 | 26.59 | 76.73 |
Key Performance Indicator (KPI)
| ROE | 10.38 |
| ROCE | 16.11 |
| Debt/Equity | 0.05 |
| RoNW | 10.38 |
| PAT Margin | 14.87% |
| EBITDA Margin | 31.40% |
| Price to Book Value | 3.23 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | 8.98 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Excelsoft Technologies Ltd.
1-B,
Hootagalli Industrial Area,
Mysuru, Karnataka, 570018
Phone: +91 821 428 2247
Email: ipo@excelsoftcorp.com
Website: http://www.excelsoftcorp.com/
Detail Registrar
IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: excelsofttechnologies.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
The IPO opened on November 19, 2025, and closed on November 21, 2025. Allotment was on November 24, 2025, and listing on BSE & NSE was scheduled for November 26, 2025.
The IPO was priced at ₹114–₹120 per share with a lot size of 125 shares. Investors could apply in multiples of 125 shares, with retail minimum of 125 shares.
Proceeds were intended for land purchase, new building construction, upgrading Mysore facility’s electrical systems, IT infrastructure improvements, and general corporate purposes to support expansion and operational efficiency
Excelsoft Technologies offers AI-powered SaaS solutions for learning, assessments, and student success, including SARAS LMS, EnablED LXP, OpenPage digital books, e-proctoring, and K12 learning systems globally.
Revenue increased 24% to ₹248.80 crore in FY2025 from ₹200.70 crore in FY2024, while net profit rose 172% to ₹34.69 crore, reflecting strong operational and financial growth.
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