Excelsoft Technologies Limited IPO Detail

Excelsoft Technologies Limited is set to launch its IPO for public subscription on November 19, 2025, and will remain open until November 21, 2025.

The price range of Excelsoft Technologies IPO is set at ₹114.00 to ₹120.00 per equity share. However, the IPO allotment results will be public by November 24, 2025.

Excelsoft IPO will list on both the BSE and NSE exchanges on November 26, 2025.

This Excelsoft Technologies IPO is a ₹500 crore book-building issue comprising 1.50 crore shares (raising ₹180.00 crore) as a fresh issue and ₹320.00 crore through the Offer-for-Sale (OFS) of 2.67 crore shares.

Established in 2000, Excelsoft Technologies is a SaaS (Software as a Service) company operating in multiple nations. They deal mainly in SaaS products like cloud-based, scalable platforms designed for education, training, certification, assessments, and related services.

They also offer a range of technology-based and AI-powered solutions to enterprise clients, corporations, educational publishers, schools, universities, government agencies, defense organizations, and businesses.

At present (as per RHP), they serve in India, the UK, the USA, Singapore, Australia, Japan, Malaysia, Saudi Arabia, UAE, Italy, and Canada, with their products influencing over 30 million users and serving 101 clients worldwide.

The following are the details of the upcoming IPO of Excelsoft Technologies Limited

The equity shares of the Excelsoft Technologies IPO provide reservation to the following investor categories:

For each category, there is a specific lot size and shares available within it.

(Note: sNII refers to “Small Non-institutional investors\" and bNII refers to \"Big Non-institutional Investors.\" Likewise, RII is for retail institutional investors.)

The management plans to use the IPO proceeds of Excelsoft Technologies for the following purposes:

The shareholding pattern of Excelsoft Technologies Limited is divided among four promoters and one Promoter group.

• Pedanta Technologies Private Limited
• Dhananjaya Sudhanva
• Lajwanti Sudhanva
• Shruthi Sudhanva
• Adarsh M S.

Here's the table outlining the financial performance of Excelsoft Technologies from FY 2023 to FY 2025, as of June 30, 2025.

Based on the annualized returns for FY 2024-25 and as of June 30, 2025, the following performance metrics of Excelsoft Technologies can be considered.

(Note: %* figure isn't annualized for period ending June 30, 2025. The P/E ratio is not available as the company isn't listed yet.)

With every business owning its strengths and risks, even Excelsoft Technologies has its potential plus points and downsides to be aware of. Here is a brief business analysis (as per RHP) below:

Strengths of Excelsoft Technologies

• Deep domain expertise - The company has expertise in product engineering, development, and implementation of SaaS products across assessments, digital learning & information management systems.
• Long-term global customer relationships - With presence in multiple countries, Excelsoft believes in long-term relationships with customers over time. They intend to touch pain points and provide solutions that give them a competitive advantage and growing credibility.
• Global presence and scalable cloud/technology offering - They have their sister companies operating across geographies (India + international markets). It gives them access to cloud-based, industry-standard APIs and compliant tech frameworks that may support business scaling.
• Robust Operating Parameters - As part of a strong, robust mechanism, the company has established clear guidelines, rules, and processes that ensure consistent results across the organization.
• Future Plans/Strategies - Setting up a new facility in Mysore and upgrading the existing systems at the same location. The company plans to venture into the AI spectrum and develop AI-based products. Infuse more capital into marketing, revenue-building strategies across brands and geographies, etc.

Potential Risks of Excelsoft Technologies

• High client concentration - A major pie of the company's revenue comes from a small number of large clients. Any loss or reduction in business from these clients could significantly impact revenue.
• Dependence on overseas markets - A certain portion of revenue is generated from international customers. So, any geopolitical tension, currency fluctuation, or policy change in those countries could affect the company's profitability.
• Technology obsolescence risk - Being a tech-driven company, constant innovation is crucial. Failure to keep pace with changing technology trends or product upgrades could lead to loss of competitiveness.
• Short-term nature of contracts - Many customer contracts are not long-term and are subject to renewal. Non-renewal or unfavorable renegotiation could hurt future cash flows.
• Execution challenges in expansion - The company plans to use IPO proceeds for facility construction and infrastructure upgradation. So, any delays, increased costs, or under-utilisation of new assets could create budget issues.
• Data security and compliance concerns - Handling large volumes of educational and assessment data exposes the company to cybersecurity and privacy risks. Breaches or non-compliance with data protection norms could damage reputation.
• Competition in the EdTech and SaaS space - The learning and assessment technology sector is highly competitive, with both established global players and emerging startups. Thus, sustaining their market share may require continuous investment and innovation.
• Dependence on a skilled workforce - The company's success depends heavily on retaining skilled technology and domain professionals. Attrition or inability to attract talent could impact operations.
• Exchange rate volatility - With part of the revenue earned in foreign currency, sudden exchange rate movements may affect the company's margins.
• General business and macroeconomic risks - Any slowdown in education or enterprise training budgets, global recession, or funding challenges in the SaaS ecosystem could indirectly affect business demand.

MUFG Intime India Pvt.Ltd.

Phone: +91-22-4918 6270
Email: excelsofttechnologies.ipo@linkintime.co.in
Website link: https://linkintime.co.in/Initial_Offer/public-issues.html

The lead manager handling the IPO process of Excelsoft Technologies is “Anand Rathi Advisors Ltd.”