Excelsoft Technologies IPO: Date, Price Band, & Company Details
Excelsoft Technologies, a global provider of cloud-based learning and assessment solutions, is set to launch its Initial Public Offering (IPO) on November 19, 2025. The public issue, which will close on November 21, 2025, aims to raise Rs 500 crore through a combination of a fresh issue of shares and an Offer for Sale (OFS).
About Excelsoft Technologies
Founded in 2000, Excelsoft Technologies has established itself as a key player in the vertical Software-as-a-Service (SaaS) space, specialising in the ed-tech sector. The company has a significant global footprint, serving clients in over 25 countries across five continents. Its platforms have powered over 30 million users and facilitated more than 1.8 billion test submissions.
Key Business Highlights
-
Asset-Light and Scalable Business Model: Excelsoft operates on an asset-light, scalable, and innovation-driven business model. It combines deep domain expertise, AI capabilities, and secure cloud technology to deliver customised learning and assessment solutions to a global clientele.
-
Comprehensive Product Portfolio: The company offers a wide range of products that cater to the needs of educational institutions, corporations, and government bodies. Its solutions cover various aspects of learning and assessment, making it an end-to-end provider in the ed-tech space.
-
Strong Global Presence: With a presence in over 25 countries, Excelsoft has a well-diversified geographical revenue base, reducing its dependence on any single market.
-
Robust Financials: The company has shown consistent growth in its financial performance, with total income rising from Rs 197.97 crore in FY23 to Rs 248.80 crore in FY25.
Excelsoft Technologies IPO Details (2025)
-
IPO Open Date: November 19, 2025
-
IPO Close Date: November 21, 2025
-
Listing Date: November 26, 2025 (Tentative).
-
Price Band: Rs 114 – Rs 120 per share.
-
Issue Size: Rs 500 crore.
-
Fresh Issue: Rs 180 crore.
-
Offer for Sale (OFS): Rs 320 crore.
-
Lot Size: 125 Shares.
-
Minimum Investment (Retail): Rs 15,000 at the upper price band.
IPO Structure & Utilisation
-
Offer for Sale: The OFS component will see the company's promoters and existing shareholders offloading a portion of their stake.
-
Use of Proceeds: The funds raised from the fresh issue will be utilised for the company's expansion and infrastructure upgradation plans:
-
New Building Construction: A significant portion of the proceeds will be used for the purchase of land and the construction of a new building at its Mysore property.
-
Infrastructure Upgradation: Funds will also be allocated for upgrading the existing facility in Mysore, including the enhancement of external electrical systems.
-
Reservation: The issue has a reservation of not more than 50% for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors.
Key Dates & Timeline
-
Anchor Investor Bidding: To be announced.
-
IPO Opening: November 19, 2025
-
IPO Closing: November 21, 2025
-
Allotment Finalisation: November 24, 2025
-
Listing on BSE & NSE: November 26, 2025
Frequently Asked Questions (FAQs) about Excelsoft Technologies IPO
Q1: When is the Excelsoft Technologies IPO scheduled to open?
The IPO will be open for subscription from November 19 to November 21, 2025.
Q2: What is the issue size and price band for the IPO?
The total issue size is Rs 500 crore, and the price band has been set at Rs 114 to Rs 120 per share.
Q3: How will the funds raised from the IPO be used?
The proceeds from the fresh issue will be used for the construction of a new building, upgrading existing facilities, and for general corporate purposes.
Q4: Who is the registrar for the Excelsoft Technologies IPO?
MUFG Intime India Pvt. Ltd. is the registrar for the IPO.