Excelsoft Technologies IPO Price: ₹114 to ₹120 per share
IPO Dates: 19th November 2025 – 21st November 2025
Company Overview
Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company specializing in the learning and assessment market. The company develops and delivers AI-powered platforms for learning, testing, assessment, and online proctoring, along with digital eBook and student success solutions.
Products & Solutions
Excelsoft’s flagship products include:
- SARAS LMS – Learning Management System
- EnablED LXP – Learning Experience Platform
- OpenPage – Digital eBook Platform
These platforms are designed to support academic institutions, government agencies, and corporates in training, learning, and development initiatives.
Clients & Global Presence
Excelsoft serves a diverse client base, including educational publishers, universities, schools, government bodies, defence organisations, and businesses.
With operations in India, Malaysia, Singapore, the UK, and the USA, the company partners with over 200 organisations and impacts more than 30 million learners worldwide.
Prominent clients include Pearson Education, AQA Education, Colleges of Excellence, Ascend Learning, Brigham Young University – Idaho, and several others.
As of June 30, 2025, the company employs 1,118 professionals globally.
Product Segments
Assessment & Proctoring Solutions
SARAS e-Assessments
- EasyProctor
- Learning & Student Success Systems
SARAS Learning Solutions
- OpenPage
- EnablED
- CollegeSparc
- LearnActiv (K12 Learning Solutions)
Competitive Strengths
- Proven expertise in product engineering, development, and implementation across digital learning, assessment, and information systems.
- Strong, long-term global client relationships built on reliability and innovation.
- Ability to deliver fully compliant, scalable, and secure learning platforms for international clients.
- Technological flexibility to build customised, agile solutions using diversified tech stacks.
- Robust operational performance backed by a skilled management team and experienced promoters.
Bidding Starts In
Excelsoft Technologies IPO Specifics:
| IPO Date | November 19, 2025 to November 21, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹114 to ₹120 per share |
| Lot Size | 125 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 4,16,66,666 shares (aggregating up to ₹500.00 Cr) |
| Fresh Issue | 1,50,00,000 shares (aggregating up to ₹180.00 Cr) |
| Offer for Sale | 2,66,66,666 shares of ₹10 (aggregating up to ₹320.00 Cr) |
| Employee Discount | ₹52.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 10,00,84,164 shares |
| Share Holding Post Issue | 11,50,84,164 shares |
Excelsoft Technologies IPO Timetable (Important Dates)
| IPO Open Date | Wed, Nov 19, 2025 |
| IPO Close Date | Fri, Nov 21, 2025 |
| Tentative Allotment | Mon, Nov 24, 2025 |
| Initiation of Refunds | Tue, Nov 25, 2025 |
| Credit of Shares to Demat | Tue, Nov 25, 2025 |
| Listing Date | Wed, Nov 26, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Nov 21, 2025 |
Excelsoft Technologies IPO Lot Size
Bidders have the opportunity to bid for a minimum of 125 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | 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 |
Excelsoft Technologies IPO Reservation
| QIB Shares Offered | Not more than 50 % of the Net Offer |
| Retail Shares Offered | Not less than 35%of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Offer |
Excelsoft Technologies IPO Financial Information
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 478.34 | 470.49 | 421.03 | 436.13 |
| Total Income | 60.28 | 248.80 | 200.70 | 436.13 |
| Profit After Tax | 1.6.0103 | 34.69 | 12.75 | 22.41 |
| EBITDA | 10.18 | 73.26 | 54.97 | 68.18 |
| NET Worth | 375.95 | 371.29 | 297.30 | 278.08 |
| Reserves and Surplus | 274.25 | 269.66 | 295.71 | 276.48 |
| Total Borrowing | 37.82 | 26.59 | 76.73 | 118.09 |
Key Performance Indicator – Excelsoft Technologies IPO
| KPI | Values |
|---|---|
| ROE | 10.38 |
| ROCE | 16.11 |
| Debt/Equity | 0.05 |
| RoNW | 10.38 |
| PAT Margin | 14.87% |
| EBITDA Margin | 31.40% |
| Price to Book Value | 3.23 |
| Market Capitalization | ₹1,381.01 Cr. |
| EPS (Rs) | 3.47 |
| P/E (x) | 34.62 |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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