Excelsoft Technologies Limited IPO
Price Band
₹114 - ₹120
Total Issue
₹500 Cr
Bid Dates
19 Nov - 21 Nov
Subscription
45.46x
Listing Price
₹135 (12.50%)
Valuation
Market Cap
₹1,381.01 Cr
P/E Ratio
34.58x
P/B Ratio
3.23x
Excelsoft IPO Dates
Conflicting IPOs
IPOs with overlapping timeline
Business Overview
Excelsoft is a global vertical SaaS provider focused on the learning and assessment market. According to the Arizton Report, vertical SaaS is expanding rapidly as specialized, industry-tailored solutions increasingly outperform general SaaS, with projections indicating it could account for nearly 50% of the total SaaS market by 2030. With over two decades of experience, the Company delivers technology-driven solutions across diverse learning and assessment segments through long-term contracts with enterprise clients worldwide. Its cloud-based platforms feature open, standards-compliant APIs that enable scalability across organizations and users. Security, reliability and high performance remain central to its product offerings.
Excelsoft IPO Lot Size
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹15,000 |
| Retail (Max) | 13 | 1,625 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1,750 | ₹2,10,000 |
| S-HNI (Max) | 66 | 8,250 | ₹9,90,000 |
| B-HNI (Min) | 67 | 8,375 | ₹10,05,000 |
Category Reservation
Excelsoft IPO Size
Objects of Issue
- Funding of capital expenditure for purchase of land & construction of new building at the Mysore Property
- Funding of capital expenditure for upgradation & external electrical systems of the Existing Facility at Mysore, India
- Funding upgradation of the Company’s IT Infrastructure (Software, Hardware & Communications & Network Services)
Excelsoft IPO IPO Live Subscription
Updated as on 21-Nov-2025 19:00:00
| Category | Sub (x) | Offered | Bids |
|---|---|---|---|
| QIB | 50.06 | 83,33,334 | 41,71,39,125 |
| NII | 107.04 | 62,50,000 | 66,89,98,875 |
| bHNI | 122.93 | 41,66,667 | 51,22,27,250 |
| sHNI | 75.25 | 20,83,333 | 15,67,71,625 |
| Retail | 16.44 | 1,45,83,333 | 23,97,70,625 |
| Total | 45.46 | 2,91,66,667 | 1,32,59,08,625 |
Excelsoft IPO IPO Details Live GMP
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 25 Nov | ₹7 (5.8%) | ₹127 |
| 24 Nov | ₹6 (5%) | ₹126 |
| 23 Nov | ₹8 (6.7%) | ₹128 |
| 22 Nov | ₹8 (6.7%) | ₹128 |
| 21 Nov | ₹8 (6.7%) | ₹128 |
| 20 Nov | ₹14.5 (12.1%) | ₹134.50 |
| 19 Nov | ₹15.5 (12.9%) | ₹135.50 |
| 18 Nov | ₹16 (13.3%) | ₹136 |
| 17 Nov | ₹16 (13.3%) | ₹136 |
| 16 Nov | ₹20 (16.7%) | ₹140 |
| 15 Nov | ₹30 (25%) | ₹150 |
| 14 Nov | ₹0 (0%) | ₹120 |
| 13 Nov | ₹0 (0%) | ₹120 |
| 12 Nov | ₹0 (0%) | ₹120 |
Excelsoft IPO Peer Comparison
(Rs. in crores)
| Particulars | Excelsoft | MPS Ltd | Ksolves India Ltd | Silver Touch Ltd | Sasken Ltd | InfoBeans Ltd |
|---|---|---|---|---|---|---|
| Revenue from Ops (in Crs.) | 233.29 | 726.89 | 137.43 | 288.38 | 550.91 | 394.78 |
| PAT (In Crs.) | 34.69 | 148.91 | 34.32 | 22.20 | 50.51 | 37.97 |
| EPS - Basic | 3.47 | 87.80 | 14.47 | 17.50 | 33.30 | 15.59 |
| NAV per share | 37.10 | 279.69 | 17.51 | 105.48 | 531.24 | 136.34 |
| RONW | 10.38% | 31.74% | 153.95% | 18% | 6.36% | 12.09% |
| EBITDA | 31.40% | 30.64% | 34.82% | 13.01% | 4.16% | 17.32% |
| PAT Margin | 14.87% | 20.49% | 24.97% | 7.70% | 9.17% | 9.62% |
| Price to earning (PE) | 34.58 | 26.17 | 22.42 | 41.07 | 42.19 | 32.54 |
- All information pertains to FY 2024-25.
- PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of October 16, 2025 for Peers
Excelsoft IPO IPO Financial Performance
(Rs. in crores)
| Particulars | Jun-25 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| Revenue from Operations | 55.72 | 233.29 | 198.30 | 195.10 |
| Profit after Tax | 6.01 | 34.69 | 12.75 | 22.41 |
| Net Worth | 375.95 | 371.29 | 297.30 | 278.08 |
| Total Borrowing | 37.82 | 26.59 | 76.73 | 118.09 |
| Total Assets | 478.34 | 470.49 | 421.03 | 436.13 |
| NAV per share (in ₹) | 37.56 | 37.10 | 29.71 | 27.80 |
| EPS - Basic (in ₹) | 0.60 | 3.47 | 1.27 | 2.24 |
Key Performance Indicators (KPIs)
EBITDA
31.40%
PAT
14.87%
ROE
10.38%
ROCE
16.11%
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Promoter Holding
Promoter
94.60%
Public
5.40%
Management
Registrar & Lead Managers
Registrar
MUFG Intime India
Lead Managers (1)
Company Details
Name: Excelsoft Technologies Limited
Address: 1-B, Hootagalli Industrial Area, Mysore - 570018 Karnataka, India
Number: +91 821 428 2247
Email: ipo@excelsoftcorp.com
Website: www.excelsoftcorp.com
Explore More IPOs
Discover other active and upcoming IPOs.
Live IPOs
View All
Recently Closed
View All
Frequently Asked Questions (FAQs)
What is Excelsoft IPO?
When will Excelsoft IPO open?
What is the GMP of Excelsoft IPO?
What is the lot size of Excelsoft IPO?
When is the allotment of Excelsoft IPO?
What is the listing date of Excelsoft IPO?
What is the subscription of Excelsoft IPO?
What is the price band of Excelsoft IPO?
How to check allotment status of Excelsoft IPO?
How to apply Excelsoft IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Excelsoft IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Excelsoft IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Excelsoft IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date