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Excelsoft Technologies IPO GMP, Date, Price Band & Review

The Excelsoft Technologies IPO size is ₹500 crore with a fresh issue of ₹180 crores and an offer-for-sale (OFS) of ₹320 crore by existing shareholders.

IPO Details
Excelsoft Technologies IPO

Excelsoft Technologies IPO

Excelsoft Technologies IPO Details

DetailDescription
IPO DateNovember 19, 2025 to November 21, 2025
Listing Date[.]
Face Value₹ 10 per share
Issue Price Band₹ 114 to ₹ 120 per share
Lot Size125 Shares
Sale TypeFresh Capital-cum-Offer for Sale
Total Issue Size4,16,66,666 shares (aggregating up to ₹ 500.00 Cr)
Fresh Issue(Ex Market Maker)1,50,00,000 shares (aggregating up to ₹ 180.00 Cr)
Offer for Sale2,66,66,666 shares of ₹10 (aggregating up to ₹ 320.00 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue10,00,84,164 shares
Share Holding Post Issue11,50,84,164 shares

About Excelsoft Technologies IPO

The Excelsoft Technologies IPO size is ₹500 crore with a fresh issue of ₹180 crores and an offer-for-sale (OFS) of ₹320 crore by existing shareholders. The IPO is a book-built issue with the price band fixed at ₹114-₹120 per share. The offer will commence on 19 November 2025 and end on 21 November 2025. The minimum lot size is 125 shares, with a minimum application of ₹15,000 for retail investors. The shares are likely to be listed on BSE and NSE on or about 26 November 2025.

Company Background

Excelsoft Technologies Private Limited is a Mysuru-based company that was established in the year 2000 and has been creating technology solutions for global clients focused on SaaS products in learning, assessment, content and knowledge distribution across the education and corporate segments. It brings 24+ years of experience and caters to over 25 countries on five different continents. Excelsoft’s technology platforms have empowered 30+ million learners, 1.8 billion test submissions and more than 250 thousand proctored examinations. The company serves education institutions, government entities and corporate clients and has a reputation for strong, comprehensive cloud offerings.

Operations and Product Range

Excelsoft’s core offerings are the SARAS Learning Management System (LMS), EnablED Learning Experience Platform (LXP) and OpenPage digital books platform. These products address education and certification, workforce learning, online testing and proctoring. Excelsoft’s SaaS-based products provide cutting-edge AI-powered analytics, curriculum management, assessment and a secure content delivery platform that transforms learning for large universities and corporations across the globe.

Facility and Team

Excelsoft Technologies IPO primary campus is located in Mysuru, Karnataka and it has more campuses across India as well as in Malaysia, UK, Singapore and the US. Excelsoft already employs more than 1,100 people as of June 2025.

Brands and Market Presence

Excelsoft has built relationships with top education publishers, universities, assessment bodies and corporations such as Pearson Education, AQA Education and Brigham Young University – Idaho. Its products and platforms enjoy a strong reputation in the fields of reliability and cybersecurity, having supported digital transformation efforts across geographies.

Revenue Channels

The company generates the majority of its money from subscriptions and service deals for its software platforms, which provide long-term business stability. Its customers see continuous upgrades, support and new features over multi-year contracts.

Management and Shareholding

Excelsoft Technologies IPO is promoted by Pedanta Technologies. Following the IPO issue, the promoter group’s share will be diluted to some extent, but it will continue to be in control. The management team has extensive technology, product development and large project delivery expertise.

Excelsoft Technologies IPO Objectives

The company intends to utilize IPO proceeds for:

  • Funding land purchase and construction of a new building at its Mysore property (₹71.9 crore).
  • Upgrading and modernizing existing Mysore facilities (₹39.5 crore).
  • IT infrastructure enhancements (₹54.6 crore).
  • General corporate purposes.

Conclusion

Excelsoft Technologies IPO represents an opportunity to be a part of the growth story of an Indian SaaS leader in digital learning and assessment in the global market. The company’s global presence, established product catalog and strong customer relationships have it well situated to benefit from the growing adoption of technology in education and workforce development.

Excelsoft Technologies IPO Financial Information

Latest Revenue

60.28

₹ Crore

Profit After Tax

6.01

₹ Crore

Net Worth

375.95

₹ Crore

Total Borrowing

37.82

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
30 Jun 2025478.3460.286.01375.9537.82
31 Mar 20254702493537126.59
31 Mar 2024421.03200.712.75297.376.73
31 Mar 2023436.13197.9722.41278.08118.09
Amount in ₹ Crore

Excelsoft Technologies Key Performance Indicator

KPIValues
ROE10.38
ROCE16.11
Debt/Equity0.05
RoNW10.38
PAT Margin14.87%
EBITDA Margin31.40%
Price to Book Value3.23
Market Capitalization₹1,381.01 Cr.
Pre IPOPost IPO
EPS (Rs)3.472
P/E (x)34.6257

Frequently Asked Questions

The total size of the Excelsoft Technologies IPO is ₹500 crore, including a fresh issue amounting to ₹180 crore and an offer-for-sale component worth ₹320 crore offered by existing promoters and shareholders.
The main promoter of Excelsoft Technologies is Pedanta Technologies Private Limited, which holds a majority stake and continues to be actively involved in driving the company’s strategic and operational directions.
The funds raised from the IPO will primarily be utilized to finance capital expenditure, including purchasing land and constructing a new building at Mysuru, upgrading the existing facilities by improving electrical systems, enhancing the company’s IT infrastructure and meeting general corporate expenses.
Excelsoft Technologies offers vertically integrated SaaS platforms, including SARAS LMS, EnablED LXP and OpenPage, that cater to learning management, digital content delivery, assessment and online proctoring across academic, government and corporate clients globally.
The shares of Excelsoft Technologies IPO are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE), with the tentative listing date set for 26 November 2025.
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Competitive Strengths

1

Asset-light and scalable SaaS business model.

2

Established a global client base and robust recurring revenue from digital platforms.

3

Continuous innovation in edtech and assessment technologies.

4

Strong operational presence in India with international offices and delivery capabilities.

5

Recognized brand in education technology, with proven capacity to power large-scale learning and assessment programmes.

Official Documents

Download regulatory filings

Excelsoft Technologies IPO Timeline

IPO Open DateWed, Nov 19, 2025
IPO Close DateFri, Nov 21, 2025
Tentative AllotmentMon, Nov 24, 2025
Initiation of RefundsTue, Nov 25, 2025
Credit of Shares to DematTue, Nov 25, 2025
Tentative Listing DateWed, Nov 26, 2025
Cut-off time for UPI mandate confirmation5 PM on Fri, Nov 21, 2025

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Individual investors (Retail) (Min)1125₹15,000
Individual investors (Retail) (Max)131,625₹1,95,000
S-HNI (Min)141,750₹2,10,000
S-HNI (Max)668,250₹9,90,000
B-HNI (Min)678,375₹10,05,000
Excelsoft Technologies IPO