Excelsoft Technologies Limited IPO
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.
Price Band₹114 - ₹120 |
Dates19 Nov - 21 Nov |
GMP₹7 (5.83%) |
Subscriptions43.19 times |
Issue Size₹500.00 Crs |
Excelsoft IPO Key Dates
Opening Date
19 Nov 25
Closing Date
21 Nov 25
Basis Of Allotment
24 Nov 25
Initiations Of Refund
25 Nov 25
Credit Of Shares
25 Nov 25
Listing Date
26 Nov 25
Excelsoft IPO Objects
- 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 Details
Price Band₹114 - ₹120 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹180.00 Cr (1.50 Cr Shares) |
Offer For Sale₹320.00 Cr (2.67 Cr Shares) |
Total Issue₹500.00 Cr (4.17 Cr Shares) |
Face Value₹10 per equity share |
Excelsoft IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
125
15,000
Maximum
13
1,625
1,95,000
|
|||
| Small HNI |
Minimum
14
1,750
2,10,000
Maximum
66
8,250
9,90,000
|
|||
| Big HNI |
Minimum
67
8,375
10,05,000
|
|||
Excelsoft IPO Subscription
Updated as on 21-Nov-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 47.55 | 87,71,929 | 41,71,39,125 |
| NII | 101.69 | 65,78,948 | 66,89,98,875 |
| bNII (bids above ₹10L) | 116.79 | 43,85,966 | 51,22,27,250 |
| sNII (bids between ₹2L to ₹10L) | 71.49 | 21,92,982 | 15,67,71,625 |
| Retail | 15.62 | 1,53,50,877 | 23,97,70,625 |
| Total | 43.19 | 3,07,01,754 | 1,32,59,08,625 |
Excelsoft IPO GMP
The estimated Grey Market Premium of Excelsoft IPO is ₹7 per share (5.83%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Excelsoft IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 31.40% |
| PAT | 14.87% |
| ROE | 10.38% |
| ROCE | 16.11% |
| PE Ratio | 34.58 |
| PB Ratio | 3.23 |
| Mkt Cap (in Crs.) | 1,381.01 |
All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Excelsoft IPO Peer Comparision
| 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 Peer Comparision
| Particulars | Excelsoft |
|---|---|
| Revenue from Ops (in Crs.) | 233.29 |
| PAT (In Crs.) | 34.69 |
| EPS - Basic | 3.47 |
| NAV per share | 37.10 |
| RONW | 10.38% |
| EBITDA | 31.40% |
| PAT Margin | 14.87% |
| Price to earning (PE) | 34.58 |
| MPS Ltd | Ksolves India Ltd | Silver Touch Ltd | Sasken Ltd | InfoBeans Ltd |
|---|---|---|---|---|
| 726.89 | 137.43 | 288.38 | 550.91 | 394.78 |
| 148.91 | 34.32 | 22.20 | 50.51 | 37.97 |
| 87.80 | 14.47 | 17.50 | 33.30 | 15.59 |
| 279.69 | 17.51 | 105.48 | 531.24 | 136.34 |
| 31.74% | 153.95% | 18% | 6.36% | 12.09% |
| 30.64% | 34.82% | 13.01% | 4.16% | 17.32% |
| 20.49% | 24.97% | 7.70% | 9.17% | 9.62% |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Pedanta Technologies | 43.12% |
| Dhananjaya Sudhanva | 38.81% |
| Lajwanti Sudhanva | 11.75% |
| Others | 0.92% |
| Total | 94.60% |
Management Details
| Name | Designation |
|---|---|
| Dhananjaya Sudhanva | Chairman & MD |
| Subramaniam Ravi | CFO |
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
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Excelsoft IPO is a Mainboard IPO having an issue size of Rs. ₹500.00 Crs. Excelsoft IPO is priced at ₹114 - ₹120 per share. The issue opens on 19 Nov 25 and closes on 21 Nov 25.
Excelsoft IPO opens on 19 Nov 25 and closes on 21 Nov 25.
The estimated Grey Market Premium of Excelsoft IPO is ₹7 per share (5.83%).
The minimum lot size of Excelsoft IPO is 125 shares & the minimum application amount is Rs. 15000.
The allotment date of Excelsoft IPO is 24 Nov 25.
The listing date of Excelsoft IPO is 26 Nov 25.
Excelsoft IPO is subscribed 43.19 times.
Excelsoft IPO is priced at ₹114 - ₹120 per share.
Click the allotment link on Excelsoft IPO page of IPO360.
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- Money will remain blocked till the refund date
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