Last updated on November 26th, 2025 at 10:38 am
| Check Excelsoft Technologies DRHP filing with SEBI. | Check Excelsoft Technologies IPO allotment status |
Excelsoft Technologies Limited is a global vertical SaaS company focused on the learning and assessment market. It provides cloud-based, AI-enabled solutions for learning experience platforms, online proctoring, digital e-books and assessments.
With a strong focus on digital transformation in education, the company leverages advanced technology to enhance learning outcomes and user engagement. It aims to fuel further innovation, expand its global presence, and strengthen its product portfolio in the rapidly growing EdTech sector.
Through the IPO, Excelsoft will raise ₹ 500 Crore. While the Fresh Issue is around ₹ 180 Crore and Offer for Sale being ₹ 320 Crore.
Subscription date to apply for Excelsoft Technologies Limited starts from 19th Nov and closes on 21st Nov’25 .Price band for the IPO is ₹ 114-120.
Revenue, PAT, EBITDA of Excelsoft Technologies Limited
| Year | FY 2024 |
| Networth | ~ ₹ 297.3 Cr |
| Revenue: | ~ ₹ 198.3 Cr |
| EBITDA | ~ ₹ 54.9 Cr |
| PAT | ~ ₹ 12.75 Cr |
| EBITDA Margin: | ~27.72 % |
| PAT Margin | ~6.43 % |
Excelsoft Technologies Limited Financials (Consolidated Figures)
| Year (Approx Values) | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) | Net Worth (₹ Cr) |
| 2022 | ₹ 157.9 | ₹ 19.1 | ₹ 423.8 | ₹ 255.1 |
| 2023 | ₹ 195.1 | ₹ 22.4 | ₹ 436.1 | ₹ 278.1 |
| 2024 | ₹ 198.3 | ₹ 12.8 | ₹ 421.0 | ₹ 297.3 |
Excelsoft Technologies Limited IPO Grey market premium today
| Date | IPO Price | IPO GMP | GMP Trend | Estimated listing | Estimated profit per lot |
| 26-Nov | ₹ 114-120 | ₹ 06 | Positive | ₹ 126 | ₹ 750 |
| 25-Nov | ₹ 114-120 | ₹ 07 | Positive | ₹ 127 | ₹ 875 |
| 24-Nov | ₹ 114-120 | ₹ 09 | Positive | ₹ 129 | ₹ 1,125 |
| 23-Nov | ₹ 114-120 | ₹ 08 | Positive | ₹ 128 | ₹ 1,000 |
| 22-Nov | ₹ 114-120 | ₹ 09 | Positive | ₹ 129 | ₹ 1,125 |
| 21-Nov | ₹ 114-120 | ₹ 10 | Positive | ₹ 130 | ₹ 1,250 |
| 20-Nov | ₹ 114-120 | ₹ 12 | Positive | ₹ 132 | ₹ 1,500 |
| 19-Nov | ₹ 114-120 | ₹ 12 | Positive | ₹ 132 | ₹ 1,500 |
Excelsoft Technologies Limited IPO Pros & Cons
Strengths:
- Strong presence in the global EdTech SaaS market.
- Consistent revenue growth and solid profitability.
- Diverse client base across 17 countries.
- Experienced leadership with 20+ years of domain expertise.
- IPO proceeds utilized to fund innovation and expansion.
Risks:
- High competition in the EdTech sector.
- Dependency on few limited key clients.
- Technology adoption cycles can impact growth.
- Market volatility may affect IPO valuation.
- Currency fluctuations risk due to global operations.
Excelsoft Technologies Limited: IPO date & invest detail
| IPO Open Date: | 19 Nov 2025 |
| IPO Close Date: | 21 Nov 2025 |
| Anchor Investor Bidding | 18 Nov 2025 |
| IPO Allotment Date: | 24 Nov 2025 |
| Refunds & Demat Credit | 25 Nov 2025 |
| Tentative Listing Date: | 26 Nov 2025 |
| IPO Category | Mainboard |
| Symbol | |
| Face Value: | Rs. 10 per Equity Share |
| Issue Size: | ₹ 500 Cr |
| Lot Size: | 125 |
Excelsoft Technologies Limited IPO Composition & Proceeds
| Fresh Issue: | ₹ 180 Crore |
| Offer for Sale: | ₹ 320 Crore |
| Employee reservation | – |
| Price Range | ₹ 114-120 |
| Use of Proceeds: | |
| Land purchase & building | ₹ 72 Cr |
| Electrical upgrades | ₹ 40 Cr |
| General Corporate Purpose | Balance |
| Technology & Infrastructure | ₹ 55 Cr |
| IPO Listing on: | BSE – SME |
| Retail Quota: | ≥ 33% |
| QIB Quota: | ≤ 50% |
| NII Quota: | ≤ 15% |
Excelsoft Technologies Limited Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | 125 | 1 | 125 | ₹ 15,000 |
| Retail (Max) | 125 | 13 | 1,625 | ₹ 1,95,000 |
| Small HNI (Min) | 125 | 14 | 1,750 | ₹ 2,10,000 |
| Small HNI (Max) | 125 | 66 | 8,250 | ₹ 9,90,000 |
| Big HNI (Min) | 125 | 67 | 8,375 | ₹ 10,05,000 |
Core Offerings of Excelsoft Technologies Limited
Core business of Excelsoft Technologies Limited include cloud-based SaaS platforms for learning and assessment (including LMS, digital content, e-books, and online proctoring) that serve educational institutions, publishers, corporates and governments.
Excelsoft Technologies Limited ‘s customer reach/market share
As of Dec’24, Excelsoft serves to 71 clients across 17 countries around the world.
Excelsoft Technologies Limited Promoters – Pre offer equity (Approx)
| Pedanta Technologies Pvt. Ltd. | ~43.12% |
| Dhananjaya Sudhanva | ~38.81% |
| Lajwanti Sudhanva | ~11.75% |
| Shruthi Sudhanva | ~0.46% |
Lead Managers / Registrars of Excelsoft Technologies Limited
| Lead / Book Running Lead Managers | Anand Rathi Advisors Limited |
| Registrar (RTA) | MUFG Intime India Pvt Ltd |
Founding Year of Excelsoft Technologies Limited & Managing Director
Excelsoft Technologies Limited was incorporated in the year 2000.
Mr. Dhananjaya Sudhanva is the Managing Director & CEO of Excelsoft Technologies Limited.
Excelsoft Technologies Limited FAQ
Q1. What is the business of Excelsoft Technologies Limited?
Excelsoft Technologies Limited provides e-learning and assessment solutions through its SaaS-based platforms for educational institutions, corporates, publishers, and governments globally.
Q2. Why is the company raising funds via IPO?
The company is raising funds via IPO to repay debt, support working capital needs, invest in R&D, and expand its global EdTech presence.
Q3. What is the size of the issue and where will it list?
The IPO size is around ₹500 crore, and shares will list on both BSE and NSE
Q4. What are the risks to an investor?
Risks include high competition in the EdTech space, dependency on key clients, and exposure to global market fluctuations.
Q5. What are the potential upsides?
Potential upsides include strong industry growth, recurring revenue from SaaS products, and experienced leadership with a proven global client base.
Q6. How to apply for the IPO?
Investors can apply through ASBA in their bank account or via UPI using brokers or trading apps like Zerodha, Groww, or Upstox.
Q 7. When is the tentative listing date?
The tentative listing date is expected around 26 November 2025.
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For further information you can visit official website of Excelsoft Technologies
