Excelsoft Technologies IPO worth ₹500 Cr, will open for subscription from 19 Nov to 21 Nov 2025. Excelsoft Technologies IPO allotment is expected on 24 Nov and shares are likely to be listed on BSE & NSE on 26 Nov. Price band for the IPO is set between ₹114 to ₹120 per share and Excelsoft Technologies IPO GMP today stands at 8%.
Excelsoft Technologies IPO GMP Live Rates Day by Day
Excelsoft Technologies GMP today (17th Nov 2025) stands at 8%. GMP values change daily and we’ll keep you updated with the latest figures.
Remember, Grey Market Premium is an unofficial price at which an IPO trades before listing, offering an early hint of its performance. A positive GMP indicates potential gains, while a negative GMP signals a discount. Since GMP is highly volatile, investors should not rely on it alone and must consider other factors before investing in Excelsoft Technologies IPO.
GMP figures are for news purposes only. We neither trade nor recommend trading in the grey market.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit |
|---|---|---|---|---|
| 25-11-2025 | ₹ 120 | ₹ 6 | ₹126 (5%) | ₹7,50 |
| 24-11-2025 | ₹ 120 | ₹ 6 | ₹126 (5%) | ₹7,50 |
| 23-11-2025 | ₹ 120 | ₹ 8 | ₹128 (6.67 %) | ₹1,000 |
| 22-11-2025 | ₹ 120 | ₹ 8 | ₹128 (6.67 %) | ₹1,000 |
| 21-11-2025 | ₹ 120 | ₹ 8 | ₹128 (6.67 %) | ₹1,000 |
| 20-11-2025 | ₹ 120 | ₹ 14 | ₹134 (11.67 %) | ₹1,750 |
| 19-11-2025 | ₹ 120 | ₹ 15 | ₹135 (12.50 %) | ₹1,875 |
| 18-11-2025 | ₹ 120 | ₹ 15 | ₹135 (12.50 %) | ₹1,875 |
| 17-11-2025 | ₹ 120 | ₹ 10 | ₹130 (8.33%) | ₹1,250 |
Excelsoft Technologies IPO Details
- Excelsoft Technologies’s IPO is worth ₹500, which is a combination of fresh issue of ₹180 Cr and OFS of ₹320 Cr.
- Excelsoft Technologies’s IPO will open for subscription on 19 Nov 2025 and close on 21 Nov 2025. And the price band is set between ₹114- ₹120.
- Excelsoft Technologies’s IPO allotment is likely to take place on 24 Nov 2025 and the shares are expected to be listed on BSE and NSE on 26 Nov 2025.
- The promoters currently hold 94.60 %, which will come down to 59.09% after the IPO listing.
- Purpose of funds: ₹71.97 crore (39.98%) for land purchase and new building at Mysore, ₹39.51 crore (21.95%) for facility upgrades, ₹54.63 crore (30.35%) for IT infrastructure and ₹13.89 crore (7.72%) for general corporate purposes.
- MUFG Intime India will be the registrar for Excelsoft Technologies's IPO
Excelsoft Technologies IPO Dates
Here are some important dates for Excelsoft Technologies IPO.
| IPO Open Date | 19-Nov-25 |
| IPO Close Date | 21-Nov-25 |
| IPO Allotment Date | 24-Nov-25 |
| Initiation of Refunds | 25-Nov-25 |
| Demat Credits | 25-Nov-25 |
| Listing Date | 26-Nov-25 |
| Listing on | BSE, NSE |
Excelsoft Technologies IPO Reservation
For Excelsoft Technologies IPO, 35% has been reserved for retail investors.
| Investor Category | Shares Offered |
|---|---|
| QIB Investors | 50% |
| Retail Investors | 35% |
| NII (HNI) Investors | 15% |
Excelsoft Technologies IPO Lot Size
Retail investors can apply for a minimum of 1 lot, which includes 125 shares costing ₹15,000. Maximum investment allowed for retail investors is 13 lots, which totals 1,625 shares and costs ₹1,95,000.
| 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 |
About Excelsoft Technologies IPO
Founded in 2000 by Dhananjaya Sudhanva, the company is headquartered in Mysore, Karnataka, Excelsoft Technologies is a global SaaS company focused on learning and assessment solutions. The company builds AI-powered platforms for online exams, digital proctoring, learning management, student success tool and eBook delivery.
Its popular products include SARAS LMS, EnablED LXP and OpenPage digital books, which help schools, universities, companies and training organisations with customised learning and development needs.
Excelsoft works with a wide range of clients such as educational publishers, universities, schools, government bodies, defence organisations and corporate companies. It serves more than 200 organisations and supports over 30 million learners worldwide.
The company operates from India, Malaysia, Singapore, UK and USA and its long-standing clients include Pearson Education, AQA Education, Colleges of Excellence, Ascend Learning, Brigham Young University–Idaho and several others.
Excelsoft Technologies IPO Financial Performance
Excelsoft Technologies reported a PAT of ₹34.69 Cr on 31 March 2025 and in FY24 reported ₹12.75 Cr. Over the past 3 years, the company’s PAT has been continuously growing. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹Cr) | 470.49 | 421.03 | 436.13 |
| Total income (₹Cr) | 248.8 | 200.7 | 197.97 |
| PAT (₹Cr) | 34.69 | 12.75 | 22.41 |
| EBITDA (₹Cr) | 73.26 | 54.97 | 68.18 |
| Net Worth | 371.29 | 297.3 | 278.08 |
| Reserves and Surplus | 269.66 | 295.71 | 276.48 |
| Total Borrowing | 26.59 | 76.73 | 118.09 |
| PAT Margin (%) | 14.87 | 6.43 | 11.49 |
| ROE | 10.38 | 4.43 | 8.41 |
| ROCE | 16.11 | 7.59 | 11.03 |
| Debt/Equity | 0.05 | 0.24 | 0.37 |
Source: Excelsoft Technologies RHP
Excelsoft Technologies IPO Peer Comparison from RHP
Excelsoft Technologies IPO has the lowest EPS compared to its peers. Higher EPS is always considered better. Below is a quick comparison of Excelsoft Technologies vs Infobeans Technologies.
| Company | EPS Diluted (₹) | P/E (x) |
|---|---|---|
| Excelsoft Technologies India | 3.47 | - |
| Mps | 87.73 | 26.17 |
| Ksolves India | 14.47 | 22.42 |
| Silver Touch Technologies | 17.5 | 41.07 |
| Sasken Technologies | 33.04 | 42.19 |
| Infobeans Technologies | 15.51 | 32.54 |
Excelsoft Technologies IPO Strengths and Weaknesses
Knowing about the strengths and weaknesses of Excelsoft Technologies IPO helps you make an informed decision.
- Strong expertise in assessments, digital learning and education technology.
- Long-term relationships with global clients across education and corporate sectors.
- Delivers secure, compliant learning and assessment solutions worldwide.
- Uses flexible and agile technology methods to adapt quickly.
- Led by an experienced leadership team that maintains strong quality and governance.
- A large part of the company’s revenue depends on Pearson, creating high dependence on one client.
- Operating in multiple countries means dealing with complex global regulations.
- Shifting to a SaaS model delays revenue recognition, affecting short-term cash flow.
- Lack of long-term contracts makes client retention less predictable.
- Cybersecurity risks could impact sensitive education and assessment data.
Excelsoft Technologies IPO GMP FAQs
What is Excelsoft Technologies IPO GMP Today?
Excelsoft Technologies IPO GMP today is ₹10.
What are Excelsoft Technologies IPO Expected Returns?
Excelsoft Technologies IPO Expected Returns are 8.33%, as of 17th November, this may change in the coming days.
When will Excelsoft Technologies IPO open and close?
Excelsoft Technologies’s IPO will open for subscription on 19 Nov 2025 and close on 21 Nov 2025.
What is the lot size for Excelsoft Technologies IPO?
Retail Investors can bid for a minimum of 1 lot, which includes 125 shares. And one lot will cost you ₹15,000.
What is the share allotment date for Excelsoft Technologies IPO?
The allotment of shares is expected to be completed by 24 Nov 2025.
Who is the registrar of Excelsoft Technologies IPO?
MUFG Intime India is the registrar for Excelsoft Technologies’s IPO.
Is Excelsoft Technologies IPO good to buy?
Excelsoft Technologies IPO may attract investors due to its growing PAT and decent ROE & ROCE positive GMP.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
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