Excelsoft Technologies IPO - AstroIPO

Excelsoft Technologies IPO


November 22, 2025 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Excelsoft Technologies Ltd. is gearing up for its information technology and SaaS sector entrance through its educational technology solutions focus. The Excelsoft Technologies IPO, running from November 19th to November 21st, 2025, represents a substantial ₹500 crore issue of 4,16,66,666 shares priced between ₹114 – ₹120 per share.

Investors can participate with a minimum of 125 shares, requiring ₹15,000 investment at the cut-off price. The Excelsoft Technologies IPO shares, carrying ₹10 face value, will trade on both BSE and NSE exchanges, bringing this education software and SaaS specialist to dual-platform listing through significant edtech sector capitalization.

Excelsoft Technologies IPO Details

The key details of Excelsoft Technologies’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.

IPO Size ₹500.00 Cr
Price Range ₹114 - ₹120
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE and BSE
Minimum Quantity 125
Investment (cut-off price) ₹15,000
Pre IPO Promotor Holding 94.60%
Post IPO Promotor Holding Update soon
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Excelsoft Technologies IPO Timelines

The IPO process for Excelsoft Technologies includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.

19/11/2025
Start Date
21/11/2025
End Date
24/11/2025
Allotment Date View Status
25/11/2025
Refund Initiation
25/11/2025
Credit of Shares to Demat Ac
26/11/2025
Listing Date

Excelsoft Technologies IPO Lot Size

The Excelsoft Technologies IPO has a fixed lot size of 125 shares, at an upper price band of ₹120 per share. For retail investors, the minimum application is 125 shares (1 lot) amounting to ₹15,000, while the maximum is 1,625 shares (13 lots) worth ₹1,95,000. For Small HNI (S-HNI) investors, the minimum application is 1,750 shares (14 lots) worth ₹2,10,000, while the maximum is 8,250 shares (66 lots) amounting to ₹9,90,000. Big HNI (B-HNI) investors need to apply for at least 8,375 shares (67 lots), totaling ₹10,05,000.

Application Lot Size Shares Amount
Retail Minimum 1 125 ₹15,000
Retail Maximum 13 1625 ₹1,95,000
S-HNI Minimum 14 1750 ₹2,10,000
S-HNI Maximum 66 8250 ₹9,90,000
B-HNI Minimum 67 8375 ₹10,05,000

Excelsoft Technologies IPO Subscription Status

The subscription status for Excelsoft Technologies IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.

QIB NII Retail EMP Total
50.06x 107.04x 16.44x -- 45.46x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low

Excelsoft Technologies IPO Company Financials

Excelsoft Technologies reports robust performance in FY2025 with Total Income of ₹248.80 crores, managing expenses at ₹189.26 crores, and achieving a strong PAT (Profit After Tax) of ₹34.69 crores, demonstrating significant growth potential ahead of its public offering.

Year Total Income Total Expense PAT
FY 2023 ₹197.97 ₹167.79 ₹22.41
FY 2024 ₹200.70 ₹182.38 ₹12.75
FY 2025 ₹248.80 ₹1,89.26 ₹34.69
FY 2026 (3 M) ₹60.28 ₹52.49 ₹6.01

About Company

Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company specializing in the learning and assessment market. The company develops AI-powered applications, test and assessment platforms, online proctoring solutions, learning experience platforms, student success systems, and digital eBook platforms. Its flagship products, including SARAS LMS, EnablED LXP, and OpenPage digital books, provide tailored learning support for academic institutions and corporations, meeting diverse training, learning, and development needs. With a presence in India, Malaysia, Singapore, the UK, and the USA, Excelsoft partners with over 200 organizations and impacts more than 30 million learners worldwide.

Excelsoft serves a wide range of clients such as educational publishers, universities, schools, government agencies, defence organizations, and businesses. Some of its prominent and long-standing clients include Pearson Education, AQA Education, Colleges of Excellence, NxGen Asia, Sedtech for Technology Education & Learning, Ascend Learning, and Brigham Young University – Idaho. As of June 30, 2025, the company employs 1,118 professionals. Its product portfolio spans key segments including Assessment and Proctoring Solutions with SARAS e-Assessments and EasyProctor, and Learning and Student Success Systems featuring SARAS Learning Solutions, OpenPage, EnablED, CollegeSparc, and LearnActiv for K12 education.

Incorporation Date Sector Managing Director
2000 IT (Information Technology) Vinay Gupta

Know Before Investing

When evaluating Excelsoft Technologies's IPO potential, understanding both its market advantages and inherent risks becomes crucial for your investment. Below are the key insights you should consider.

Excelsoft Technologies IPO Strengths

  • Excelsoft has a deep background in engineering, developing, and delivering digital learning and assessment solutions for examination boards, governments, and enterprises.​
  • The company enjoys stable partnerships with blue-chip clients worldwide, resulting in recurring revenue and steady growth.​
  • Theirs platforms incorporate Artificial Intelligence, Machine Learning, and Large Language Models for adaptive testing and personalized learning experiences.​
  • The company leverages secure cloud infrastructure and hybrid technology models, supporting a flexible, cost-efficient operation.​
  • Excelsoft uses agile methodologies to support cross-platform product development and rapid customization for diverse customer needs.​
  • Offices and operations span India, North America, UK, Middle East, and Asia-Pacific enabling wide international reach.​

Excelsoft Technologies IPO Risks

  • Heavy reliance on a few key customers, especially Pearson, makes revenues susceptible to contract loss or adverse renegotiations.​
  • Clients may terminate agreements or fail to renew, leading to unpredictable revenue streams and possible volatility.​
  • Cloud migration and SaaS model transitions may defer revenue recognition and strain short-term cash flows.​
  • Faces intense competition from global EdTech and SaaS players, which could push prices down and erode margins.​
  • Operating globally exposes Excelsoft to evolving and sometimes conflicting privacy, education, and data security regulations.​
  • Sensitive education and assessment data must be protected; any breach or system disruption could harm reputation and business.​

Swot Analysis for Excelsoft Technologies IPO

Understanding Excelsoft Technologies's SWOT analysis is your first step towards making a confident investment decision. Let's evaluate its core strengths and potential challenges ahead.

Strengths

Strong SaaS Focus, Innovation & Quality Accolades, Comprehensive Product Suite

Weaknesses

Rapid Technological Change, Complex Product Implementations, Resource Intensive R&D

Opportunities

Growing Digital Education Market, Expansion into Corporate Training, Global Market Penetration

Threats

Intense Competition, Cybersecurity Risks, Economic Uncertainty

Company Details

Excelsoft Technologies Ltd.

1-B, Hootagalli Industrial Area, Mysuru, Karnataka, 570018

Phone: +91 821 428 2247

Email: ipo@excelsoftcorp.com

Website: http://www.excelsoftcorp.com/

IPO Registar Details

MUFG Intime India Pvt. Ltd.

Phone: +91-22-4918 6270

Email: excelsofttechnologies.ipo@linkintime.co.in

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

FAQs

The key objectives of Excelsoft Technologies IPO are:

  • Funding of capital expenditure for purchase of land and construction of new building at the Mysore Property.
  • Funding expenditure for upgradation including external electrical systems of our Existing Facility at Mysore, India.
  • Funding upgradation of the Company’s IT Infrastructure (Software, Hardware and Communications & Network Services).
  • General Corporate Purposes.

Anand Rathi Advisors Ltd. is the book-running lead managers for the Excelsoft Technologies IPO.

Excelsoft Technologies IPO offers strong growth potential driven by rising global adoption of AI-powered learning and assessment platforms. Its scalable SaaS model, expanding client base in education and corporate sectors, and focus on continuous technology upgrades position the company for sustained long-term expansion and profitability.

The issue price for the Excelsoft Technologies IPO is set between ₹114 to ₹120 per share.

To invest in one lot of Excelsoft Technologies IPO, you need ₹14,250 at the lower price band (₹114 per share) or ₹15,000 at the upper price band (₹120 per share) for a lot size of 125 shares.

Excelsoft Technologies IPO shares are scheduled to be listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 26, 2025.

Refund/unblocking of funds for Excelsoft Technologies IPO will begin on November 25, 2025. ASBA/UPI blocks will be removed within 1 working day.

You can sell shares your Excelsoft Technologies IPO shares on listing day (November 26, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.

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