Excelsoft Technologies was incorporated on June 12, 2000. The company is a global vertical SaaS provider specializing in learning and assessment solutions. With 20+ years of experience, it delivers scalable, secure, and standards-compliant cloud-based platforms through long-term enterprise contracts
| Bidding Dates |
|---|
| 19 Nov 2025 - 21 Nov 2025 |
| Subscription |
|---|
| 43.19x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,250 | 1 | 13 | 125 | 41.7 M | ₹114 - ₹120 | 59.09 % | ₹4750.0 M - ₹5000.0 M | RHP DOC |
Excelsoft Technologies IPO SUBSCRIPTION STATUS
21 Nov '25Excelsoft Technologies IPO overall subscription rate was 43.19 times the total available shares
Excelsoft Technologies IPO retail subscription rate was 15.62 times in the retail segment
Excelsoft Technologies IPO non-institutional investor subscription rate was 101.69 times in the non-institutional investor category
Excelsoft Technologies IPO Qualified Institutional Bidder subscription rate was 47.55 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
21 Nov 2025 (Day 3) | 15.62x | 101.69x | 47.55x |
20 Nov 2025 (Day 2) | 5.92x | 18.2x | 0.09x |
19 Nov 2025 (Day 1) | 1.85x | 2.45x | 0.01x |
Excelsoft Technologies FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| Q1FY26 | 55.7 | 6.0 | -4.8 | -5.3 | 18.3% |
| FY25 | 233.3 | 34.7 | 52.6 | 73.6 | 31.4% |
| FY24 | 198.3 | 12.8 | 55.8 | 53.5 | 27.7% |
| FY23 | 195.1 | 22.4 | 55.6 | 51.9 | 34.9% |
Excelsoft Technologies IPO SUBSCRIPTION STATUS DETAILS
Excelsoft Technologies had 41.7 M shares on offer
Excelsoft Technologies IPO offer price was in the range ₹114 - ₹120
Excelsoft Technologies IPO minimum Investment was ₹14250
Excelsoft Technologies IPO issue size was ₹ 4750.0 M - ₹ 5000.0 M
Excelsoft Technologies had a minimum lot size of 125 Shares per application
Excelsoft Technologies NUMBER OF SHARES ON OFFER
Excelsoft Technologies IPO IMPORTANT DATES
| Issue Open Date | 19 Nov 2025 |
| Issue close Date | 21 Nov 2025 |
| Allotment Date | 24 Nov 2025 |
| Refund Date | 25 Nov 2025 |
| Demat Account Credit Date | 25 Nov 2025 |
| Listing Date | 26 Nov 2025 |
| Listing on Exchange(s) | NSE and BSE |
| Excelsoft Technologies Allotment Status | Exchange/ Registrar |
Excelsoft Technologies IPO subscription opened on 19 Nov 2025, and closed on 21 Nov 2025
IPO allotment for Excelsoft Technologies was finalized on Monday, 24 Nov 2025
IPO listing for Excelsoft Technologies was on NSE and BSE on Wednesday, 26 Nov 2025
Excelsoft Technologies IPO LISTING GAINS
| Issue Price (adjusted) | 120.0 |
| Listing Open Price | 135.0 |
| Listing Close Price | 126.0 |
| Listing Gain% | 12.5% |
| Current Gain% | -35.3% |
Excelsoft Technologies Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Excelsoft Technologies Ltd. | 77.7 | 894 | 19.1 | 4.6 | 3 | 7.5 | 6.4 | 291.1 | 17 | 43.4 | 25 | 4.1 | 4.2 |
| Tata Consultancy Services Ltd. | 2425.7 | 877639.5 | 17.6 | 16.5 | 3.2 | 45.9 | 27 | 271423 | 4.7 | 49210 | 1.4 | 137.6 | 1.1 |
| Infosys Ltd. | 1183 | 480068.1 | 15.9 | 1.4 | 2.6 | 31.7 | 18.9 | 182972 | 9.8 | 29440 | 10.2 | 74.6 | 11.1 |
| HCL Technologies Ltd. | 1357.2 | 368298.6 | 21.1 | 8 | 2.7 | 22.1 | 14.3 | 131674 | 10.2 | 16642 | -4.3 | 64.2 | 2.6 |
| Wipro Ltd. | 185.5 | 183726.5 | 13.9 | -7.7 | 1.9 | 15 | 9.3 | 96497.7 | 3.8 | 13197.4 | 0.5 | 13.3 | -1.8 |
| Tech Mahindra Ltd. | 1640 | 160733.9 | 31.3 | 2.4 | 2.7 | 16.2 | 9.7 | 56847.3 | 5.6 | 4810.9 | 13.2 | 52.4 | 13.1 |
Excelsoft Technologies INFORMATION ON IPO ISSUE
About Excelsoft Technologies
Excelsoft Technologies was incorporated on June 12, 2000. The company is a global vertical SaaS provider specializing in learning and assessment solutions. With 20+ years of experience, it delivers scalable, secure, and standards-compliant cloud-based platforms through long-term enterprise contracts
Object of the Issue
- Funding of capital expenditure for purchase of land and construction of a new building
- Funding of capital expenditure for upgradation and external electrical systems of its existing facility
- Funding upgradation of their company’s IT Infrastructure
- General Corporate purposes
Excelsoft Technologies - PROMOTERS
| Name |
|---|
| Dhananjaya Sudhanva |
| Lajwanti Sudhanva |
| Shruthi Sudhanva |
| Pedanta Technologies Private Limited |
Excelsoft Technologies Book Running Lead Manager
Anand Rathi Advisors Limited
ipo.excelsoft@rathi.com
Excelsoft Technologies Registrar to the Offer
MUFG Intime India Private Limited
excelsofttechnologies.ipo@linkintime.co.in
Excelsoft Technologies Strengths
Product Engineering & Digital Learning Solutions
The company provides end-to-end learning and assessment solutions, offering feature-rich and versatile products that cater to various organizations. With deep expertise and years of experience, it delivers tailored solutions in education, training, and learning
Global client relationship
Strong customer relationships provide competitive advantages by ensuring stable revenue, brand loyalty, and global market presence. Effective management enhances financial planning, forecasting, and resource allocation
Robust operating parameters
Robust operating parameters enhance efficiency, ensure consistency, and drive continuous improvement. They define processes, minimize risks, and align teams for better decision-making and performance
Excelsoft Technologies Risks
Expansion risks
Operating across multiple countries exposes the business to various risks. A significant portion of revenue comes from clients in the U.S., Singapore, and the U.K., making adverse market developments in these regions a potential challenge
Customer retention
Customer retention depends on reputation, service quality, and performance. Failure to retain or attract customers could impact business and revenue
Brand & reputation
Brand strength and reputation are crucial for business success. Third-party actions could damage reputation, affecting operations and profitability
IPO FAQs
This IPO consists of an offer for sale of up to Rs 320.0 crore, of 26,666,666 shares. It also consists of a fresh issue of Rs 180.0 crore.
The promoters of the company are Dhananjaya Sudhanva, Lajwanti Sudhanva, Shruthi Sudhanva and Pedanta Technologies Private Limited.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 114.0 - 120.0.
The IPO application opens on Nov 19, 2025 and closes on Nov 21, 2025.
The minimum lot size for the IPO is 125. The maximum lot size for the IPO is 1625.
For all category investors, the minimum application amount for this IPO is Rs. 14,250.0, the maximum value for this IPO is Rs 195,000.0.
This IPO will be allotted on Nov 24, 2025.
The refund will be credited to your account on Nov 25, 2025.
The allotted shares will be credited to your demat on Nov 25, 2025.
Excelsoft Technologies Ltd.’s shares listed on the stock exchanges on Nov 26, 2025.