Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS enterprise focused on the learning and assessment sector. The company delivers a comprehensive suite of AI-powered solutions, including test and assessment platforms, online proctoring, learning experience platforms, and digital eBooks. Its flagship SARAS LMS, along with products like EnablED LXP and OpenPage, provides customized learning support for both academic institutions and corporations.
With a widespread operational presence across India, Malaysia, Singapore, the UK, and the USA, Excelsoft partners with over 200 organizations—such as Pearson Education, AQA Education, and Ascend Learning—to positively impact more than 30 million learners worldwide, serving a diverse clientele from education and government to defense and business.
Excelsoft Technologies Limited’s Initial Public Offering (IPO) is scheduled to open on November 19, 2025, and close on November 21, 2025. Structured as a Bookbuilding Issue, the IPO aims to raise approximately ₹500.00 crores through a combination of a fresh issue of ₹180.00 crores and an offer for sale of up to 2,66,66,666 equity shares, each with a face value of ₹10. The price band has been set between ₹114 and ₹120 per share, with a quota allocation of 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net Worth Individuals (HNIs).
The allotment for the IPO is expected to be finalized on November 24, 2025, with subsequent listing on both the BSE and NSE scheduled for November 26, 2025. Financially, the company has demonstrated strong growth, reporting a revenue increase to ₹248.80 crores in 2025 from ₹200.70 crores in 2024, alongside a significant rise in profit to ₹34.69 crores from ₹12.75 crores during the same period.
Excelsoft Technologies IPO Details
| IPO Date | November 19, 2025 to November 21, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹114 to ₹120 per share |
| Issue Price Final | ₹120 per share |
| Lot Size | 125 Shares |
| Total Issue Size | Approx ₹500.00 Crores |
| Fresh Issue | Approx ₹180.00 Crores |
| Offer for Sale | Approx ₹2,66,66,666 Equity Shares |
| Issue Type | Book building 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 Dates
The initial public offering (IPO) for Excelsoft Technologies is scheduled from November 19 to November 21, 2025.
| IPO Open Date | Wed, Nov 19, 2025 |
| IPO Close Date | Fri, Nov 21, 2025 |
| Tentative Allotment | Mon, Nov 24, 2025 |
| Refunds | Tue, Nov 25, 2025 |
| Credit of Shares to Demat | Tue, Nov 25, 2025 |
| Tentative Listing Date | Wed, Nov 26, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on Fri, Nov 21, 2025 |
Excelsoft Technologies IPO Market Lot
The Excelsoft Technologies IPO has set a market lot at 125 shares, requiring a minimum investment of ₹15,000. Retail investors are permitted to bid for up to 13 such lots, allowing for a maximum investment of ₹1,95,000 for 1,625 shares.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 125 | ₹15,000 |
| Retail Maximum | 13 | 1,625 | ₹1,95,000 |
| S-HNI Minimum | 14 | 1,750 | ₹2,10,000 |
| S-HNI Maximum | 66 | 8,250 | ₹9,90,000 |
| B-HNI Minimum | 67 | 8,375 | ₹10,05,000 |
