Excelsoft Technologies IPO

Excelsoft Technologies IPO

IT - Software
open
₹14,250Min. investment
  1. Pre-apply
    14 Nov
  2. Bid start
    19 Nov
  3. Bid end
    21 Nov
  4. Allotment
    24 Nov
  5. Release of funds
    25 Nov
  6. Demat transfer
    25 Nov
  7. Listing
    26 Nov

About Excelsoft Technologies Limited

SectorIT - Software
Price range₹114 – ₹120
IPO type
Regular
Lot size125 shares
Issue size₹500Cr
Red Herring Prospectus
Read
RevenueApr 2024 - Mar 2025
₹233.2CrLower than sector avg
Growth rate3Y CAGR
9.35%Higher than sector avg

Excelsoft Technologies Limited IPO Overview

Excelsoft Technologies Limited IPO date

Excelsoft Technologies Limited IPO will open for subscription on November 19, 2025, and the closing date for the IPO is November 21, 2025. After this, investors are expected to be updated about the allotment status on November 24, 2025.

Investors who have been allotted shares can expect them to be credited to their demat account on November 25, 2025. The shares will be listed on the NSE and the BSE on Wednesday, November 26, 2025.

Excelsoft Technologies Limited IPO price band

The IPO includes a fresh issue and an offer for sale. The IPO price band has been set between ₹114 to ₹120 per share. Interested investors can choose a price within this band to apply for the IPO.

The IPO is a book-building issue, comprising a fresh issue of ₹180 crore and an offer for sale of ₹320 crore. Excelsoft Technologies Limited's IPO listing price will be determined on November 26, 2025. The listing price is the price at which a company’s shares debut on the stock exchanges.

Excelsoft Technologies Limited IPO lot size

Excelsoft Technologies Limited IPO details have been declared. The minimum lot size for an application is 125 shares, and the investor would have to apply for a minimum of 1 lot. Meanwhile, the IPO issue size is approximately ₹500 crore.

Checklist

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Revenue growth
Company valuation
Earnings expansion
Risk analysis
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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹233.2Cr
This sector
₹2,461.47Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
9.35%
This sector
0.05%
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
34.58
This sector
148.01
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.07
This sector
0.31
Compare with companies

Objectives

Capital expenditure
34.31%
Upgradation of IT Infrastructure
30.35%
Funds for upgradation
21.95%
General corporate purposes
13.39%

Strength and Weakness

Proven expertise across assessments, digital learning

The company has established deep product engineering and implementation capabilities across the entire lifecycle of learning and assessment. Its solutions are built on scalable, secure, and cloud-based architectures, ensuring strong reliability and cost efficiency. Years of product development experience, combined with a user-centric design and adherence to global data privacy standards, make it a preferred technology partner for large educational institutions and enterprises.

Long-standing relationships with clients

The company served 101 clients as of June 2025, with 24 clients associated for over 10 years and 40 clients for 5–10 years, highlighting exceptional retention. This long-term loyalty provides stability, loyalty, competitive advantage, and growth potential, as well as serves as a barrier to entry for competitors.

Expertise in delivering digital learning globally

The company has built a strong global presence with subsidiaries in the UK, USA, Singapore, and India, and operations in Dubai, serving clients across major international markets. As of June 2025, the company generated 60.69% of its revenue from North America and 24.53% from Europe & the UK, demonstrating strong diversification and scalability beyond India.

Flexibility to work with diversified technologies

The company leverages multiple technology stacks and agile methodologies to deliver customised, scalable assessment and learning solutions across K–12, certification, and corporate segments. It continuously invests in innovation, spending ₹3.02 crore in FY25 on employee upskilling in advanced tools like AI and AR/VR and others in the form of training programs, webinars, bootcamps, workshops and master classes. This ensures that the company is not tied to a single technology stack and can offer optimised solutions for its clients.

Strong operating parameters

The company operates with 1,118 employees, as of June 30, 2025, under a well-defined structure of standardised workflows, KPIs, and accountability systems to ensure operational consistency and scalability. These parameters support efficient resource utilisation, streamlined processes, and data-driven performance monitoring across business functions.

About Excelsoft Technologies Limited

Exceloft Technologies is a global vertical SaaS company specialising in the diverse learning and assessment market. It has a strong legacy of over two decades in education technology, providing solutions across diverse learning and assessment segments through long-term contracts with enterprise clients. It is focused on the assessment market through its AI-based assessment & proctoring solutions across 19 countries as of August 31, 2025.
The company operates through four business verticals- assessment & proctoring solutions, learning & student success systems, educational technology services, and learning design & content solutions. Its flagship products include SARAS eAssessment, EasyProctor, EnablED, OpenPage, CollegeSparc, and LearnActiv K–12 Learning Solutions. The company’s clients include various marquee enterprise clients in the education domain, such as Pearson Education, Inc., AQA Education, Colleges of Excellence, NxGen Asia PTE LTD and more.
North America accounted for 60.69% of revenue as of June 2025, followed by Europe & the UK contributing 24.53%, India 8.83%, Asia (excluding India) 5.05%, and Australia 0.90% which indicates the company’s diversified global exposure. Additionally, the company's partnership with Pearson Education Group generated 59.24% of revenue as of June 2025, demonstrating its close ties with global education ecosystems. The company served 101 clients as of June 2025, with 24 clients associated for over 10 years and 40 clients for 5–10 years, which demonstrates strong customer loyalty.
The company provides scalable and secure solutions by utilising technological tools like big data analytics, machine learning, artificial intelligence (AI), and large language models (LLMs). Its hybrid approach makes use of OpenAI's GPT-4.0 and Google Gemini for low-risk use cases, Claude Sonnet and Mistral for medium-to-high-volume workloads on Microsoft Azure and AWS, and operates open-source LLMs for the highest-volume, most sensitive workloads.
Exceloft Technologies has a research and development group at its various locations, including its registered office, situated in Mysore, to support the development of new products and the innovation process. The business has won multiple awards over the years for its excellence in digital learning and assessment technology, including the Brandon Hall Group Awards and the e-Assessment Association Award.
By 2030, the global L&D market is projected to grow at a CAGR of 7.06% to reach $587.61 billion. Additionally, the global assessment and proctoring market is anticipated to grow at a CAGR of 11.90% and reach $21.26 billion by 2030. North America and the Asia-Pacific regions are expected to lead this market with a CAGR of 12.07% and 13.45% from 2024-2030, respectively. The company is well-positioned to take advantage of this increasing demand because of its strong presence in North America and the APAC region, with 60.69% and 24.53% revenue contribution, respectively, as well as its diversified product portfolio, which includes SARAS eAssessment, EasyProctor, SARAS LMS, and EnablED.
The company is focusing on brand positioning, product innovation, and identifying possible acquisition targets. It also intends to expand its global presence, particularly in countries like Egypt, France, Brazil, and the Philippines.
Now, Excelsoft Technologies Ltd is launching its initial public offering (IPO), which consists of a fresh issue of ₹180 crore and an offer for sale of ₹320 crore. The total issue size of the IPO is ₹500 crore. Its shares will be listed on the NSE and BSE.

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Excelsoft Technologies IPO ?

The issue size of the Excelsoft Technologies IPO is 500 Cr.

What is 'pre-apply' for Excelsoft Technologies IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Excelsoft Technologies IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Ipo opens on 19 Nov 2025, 10:00 AM