The Noida-based technology-driven solutions provider, Exato Technologies Ltd., which launched its initial public offering (IPO) on November 28, received an overwhelming response from investors. The SME IPO was subscribed 53.61 times on its first day of bidding, making it one of the most sought-after IPOs in recent times.
Exato Technologies Limited is a customer transformation partner providing technology-driven solutions that enhance customer engagement and operational efficiency. Incorporated in 2016, the company offers a broad range of services, including CX and Analytics, Unified Communications and Infrastructure, and Exato IQ.
Recent financial data shows that Exato Technologies Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.
Investments in initial public offerings are subject to market risks. Please consult financial advisors and read the red herring prospectus thoroughly before placing bids.
