Excelsoft Technologies IPO
Excelsoft Technologies IPO
Overview
Excelsoft Technologies IPO is a book build issue of ₹500.00 crores. The issue is a combination of fresh issue of ₹180.00 crores and offer for sale of ₹320.00 crores.\ Excelsoft Technologies IPO opens for subscription on Nov 19, 2025 and closes on Nov 21, 2025. The allotment for the Excelsoft Technologies IPO is expected to be finalized on Nov 24, 2025. Excelsoft Technologies IPO will list on BSE, NSE with a tentative listing date fixed as Nov 26, 2025. Excelsoft Technologies IPO price band is set at [.] to [.] per share . Anand Rathi Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Total Shares
4,16,66,666
Issue Size
₹500.00 Cr
Price Band
₹114 – ₹120
Lot Size
125 shares
Min. Investment
₹15,000
Max. Investment
₹1,95,000
Open Date
19 Nov, 2025
Close Date
21 Nov, 2025
Allotment
24 Nov, 2025
Listing
26 Nov, 2025
Max. Investment
₹1,95,000
Announced
19 Nov, 2025
Opening Date
19 Nov, 2025
Closing Date
21 Nov, 2025
Basis of Allotment
24 Nov, 2025
Initiation of Refunds
25 Nov, 2025
Credit of Shares
25 Nov, 2025
Listing Date
26 Nov, 2025
Live GMP
Est. Listing: ₹127
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About Excelsoft Technologies IPO
Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company specialising in the learning and assessment market. The company provides 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, offer tailored learning support for academic institutions and corpor
Excelsoft Technologies IPO Share Price
Issue Breakdown
Shareholding
Dilution: 15.0% increase in shares
Excelsoft Technologies IPO Promoters Holding
Excelsoft Technologies IPO Financial Health
Excelsoft Technologies Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 172% between the financial year ending with March 31, 2025 and March 31, 2024.
Excelsoft Technologies IPO Lot Size
Investors can bid for a minimum of 125 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹15,000 |
| Retail (Max) | 13 | 1625 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1750 | ₹2,10,000 |
| S-HNI (Max) | 66 | 8250 | ₹9,90,000 |
| B-HNI (Min) | 67 | 8375 | ₹10,05,000 |
(All values in CR)
Excelsoft Technologies IPO Valuations
KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| 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 |
| Market Capitalization | 1381.01 |
(All values in CR)
Excelsoft Technologies IPO Strength & Risk
Excelsoft Technologies IPO Strength:
- Operates in the SaaS and ed-tech space with focus on digital learning and assessment solutions.
- Serves global clients across multiple regions with long-term business relationships.
- Offers a strong product portfolio with expertise in e-learning platforms and content delivery systems.
- Holds industry certifications that enhance credibility and trust among enterprise clients.
- Maintains low debt levels, ensuring financial stability and flexibility for growth.
- Plans to use IPO proceeds for infrastructure development, IT upgrades, and business expansion.
- Positioned to benefit from growing demand for digital education and assessment tools worldwide.
Excelsoft Technologies IPO Risk:
- Relies heavily on a limited number of major clients for a large portion of revenue.
- Faces exposure to global market fluctuations and foreign currency risks.
- Moderate past growth may challenge future scalability and margin expansion.
- Operates in a highly competitive ed-tech and SaaS landscape with rapid technology shifts.
- Success depends on the company’s ability to innovate and maintain product differentiation.
- Market sentiment and valuation expectations may impact listing performance.
Excelsoft Technologies IPO Subscriptions Status
Excelsoft Technologies IPO subscribed 45.46 times. The public issue subscribed 16.44 times in the retail category, 50.06 times in QIB (Ex Anchor), and 107.04 times in the NII category by November 21, 2025 5:24:33 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 1,24,99,999 | 1,24,99,999 | 150 |
| QIB (Ex Anchor) | 50.06 | 83,33,334 | 41,71,39,125 | 5 |
| Non-Institutional Buyers | 107.04 | 62,50,000 | 66,89,98,875 | 8 |
| bNII (bids above ₹10L) | 122.93 | 41,66,667 | 51,22,27,250 | 6 |
| sNII (bids below ₹10L) | 19.02 | 20,83,333 | 15,67,71,625 | 1 |
| Retail | 16.44 | 1,45,83,333 | 23,97,69,625 | 2 |
| Total | 45.46 | 2,91,66,667 | 1,32,59,07,625 | 15 |
Excelsoft Technologies IPO GMP
Excelsoft Technologies IPO last GMP is ₹7, last updated Nov 21st 2025 05:01 PM. With the price band of 120.00, Excelsoft Technologies IPO's estimated listing price is ₹127 (cap price + today's GMP).The expected percentage gain/loss per share is 5.83%. >> Excelsoft Technologies IPO Retail Subject to Sauda: ₹700 >> Excelsoft Technologies IPO Small HNI Subject to Sauda: ₹9800 The lowest GMP is ₹0.00, while the highest GMP is ₹30.00.
Last updated 21 Nov, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 21 Nov, 2025 | 120 | ₹7▼ | 700/9800 | ₹127 (5.83%) | 875 | 21 Nov, 2025 |
| 20 Nov, 2025 | 120 | ₹14▼ | 1300/18200 | ₹134 (11.67%) | 1750 | 20 Nov, 2025 |
| 19 Nov, 2025 | 120 | ₹15.5▲ | 1500/21000 | ₹135.5 (12.92%) | 1937.5 | 19 Nov, 2025 |
| 18 Nov, 2025 | 120 | ₹15▼ | 1400/19600 | ₹135 (12.50%) | 1875 | 18 Nov, 2025 |
| 17 Nov, 2025 | 120 | ₹16▼ | 1500/21000 | ₹136 (13.33%) | 2000 | 17 Nov, 2025 |
| 16 Nov, 2025 | 120 | ₹20▼ | 1900/26600 | ₹140 (16.67%) | 2500 | 16 Nov, 2025 |
| 15 Nov, 2025 | 120 | ₹30▲ | 2800/39200 | ₹150 (25.00%) | 3750 | 15 Nov, 2025 |
| 14 Nov, 2025 | 120 | ₹0 | - | ₹120 (0.00%) | - | 14 Nov, 2025 |
| 13 Nov, 2025 | 120 | ₹0 | - | ₹120 (0.00%) | - | 13 Nov, 2025 |
| 12 Nov, 2025 | 0 | ₹0 | - | ₹ (%) | - | 12 Nov, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Excelsoft Technologies IPO
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Find Excelsoft Technologies IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Your funds will be blocked in your account until the IPO allotment process is completed.