Exato Technologies IPO GMP

November 28, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Exato Technologies IPO opens for subscription from November 28 to December 2, 2025, with allotment on December 3 and listing on BSE SME on December 5, 2025. The fresh issue of ₹37.45 crore carries a price band of ₹133 – ₹140 per share. Exato Technologies specializes in defence and aerospace solutions, including UAVs, counter-drone systems, and avionics, backed by an order book exceeding ₹348 crore. The Exato Technologies IPO targets investors seeking exposure to India’s booming defence manufacturing sector with high-growth tech innovations.

₹126

Latest IPO GMP

Last updated on 01 Dec 2025 19.07

₹140

IPO Offer Price

*cut off price

₹

Listing Price

Listing Date 05/12/2025

Expert Opinions

Market sentiment for Exato Technologies IPO is bullish, fueled by India’s defence push and strong anchor investments ahead of the November 28 opening. Company strengths feature a ₹348 crore order book, expertise in UAVs, counter-drone systems, and avionics, plus revenue growth from ₹114.91 crore to ₹126.16 crore in FY 2025. Risks include client concentration, technology obsolescence, execution delays, and sector regulatory shifts.

Valuation analysis of Exato Technologies IPO in 2025 shows a Return on Equity (ROE) of 28.13%, ROCE of 26.38%, and Net Asset Value (NAV) of ₹55.56, signaling efficient profitability amid expanding margins. Long-term perspective is compelling for defence sector exposure with Atmanirbhar Bharat tailwinds, though investors must monitor order execution and geopolitical factors.

Investor Considerations

Exato Technologies IPO investors should consider the company’s solid fundamentals, with revenue rising to ₹126.16 crore and profit after tax increasing 84% in FY 2025. The defence and aerospace sector outlook is strong given India’s focus on indigenous manufacturing and technology upgrades. Valuation analysis of Exato Technologies IPO and year 2025 shows a Price to Book Value of 2.52, PAT Margin of 7.85%, and Debt/Equity ratio of 0.75, indicating a balanced financial profile with growing profitability.

Growth prospects include scaling UAVs and avionics manufacturing backed by a ₹348 crore order book. Risks are linked to client concentration, technology obsolescence, and execution delays. Long-term investors may benefit from exposure to the high-growth defence tech sector, while short-term investors should watch market volatility and regulatory dynamics.