
Excelsoft Technologies Limited is a global vertical SaaS company specializing in the learning and assessment market. With over two decades of experience, the company provides cloud-based, AI-driven technology solutions, including its Saras eAssessment and easyProctor platforms. It serves a diverse clientele of enterprise customers worldwide, such as certification bodies, corporations, and government entities, helping them deliver high-stakes examinations and manage digital learning programs efficiently.
Nov 19, 2025
Nov 21, 2025
Nov 26, 2025
Mainboard
Closed
500 Cr
180 Cr
320 Cr
₹114 - ₹120
125
The main objectives of the issue are to utilize the net proceeds for the following purposes:
Funding capital expenditure for the purchase of land and construction of a new building at the Mysore Property to develop modern technology and expand AI-based product innovation.
Funding capital expenditure for the upgradation of building infrastructure and external electrical systems of the company's existing facility in Mysore, India, to enhance seating capacity and operational efficiency.
Funding the upgradation of the company's IT infrastructure, including the procurement of advanced software, hardware, and communication & network services to enhance cybersecurity, productivity, and development capabilities.
To fund general corporate purposes, including strategic initiatives, working capital requirements, brand building, and other business development costs.
3.23
11.38
10.38%
16.11%
10.38%
—
14.87%
31.4%
3.23
Extensive expertise in product engineering and implementation for digital learning and assessment systems.
Long-term relationships with a global customer base, including major industry players.
Proven ability to deliver fully compliant digital learning and assessment solutions to clients worldwide.
Flexibility to work with diverse technologies and apply agile methodologies to create tailored solutions.
High revenue concentration, with a significant portion of total revenue derived from the Pearson Education Group.
Substantial contingent liabilities arising from a corporate guarantee provided to secure debentures issued by the Corporate Promoter.
Dependence on a limited number of industry verticals, primarily publishers and certification & testing agencies.
History of negative cash flows from operating, investing, or financing activities in certain fiscal years.
Capitalizing on the rapid growth of the global vertical SaaS market, which is projected to expand significantly.
Addressing the increasing demand for upskilling and reskilling driven by technological advancements and workforce changes.
Expanding into new and untapped geographical markets to diversify revenue streams and increase global presence.
Leveraging AI and machine learning to innovate and enhance product offerings in the assessment and proctoring space.
Intense competition from established providers and new entrants in the highly competitive SaaS industry.
Exposure to currency exchange rate fluctuations due to significant revenue from international operations.
Rapid technological changes and evolving industry standards could lead to product obsolescence.
Complex and evolving data privacy, protection, and cybersecurity laws across multiple jurisdictions.
Excelsoft Technologies Limited is a global vertical SaaS company specializing in the learning and assessment market. With over two decades of experience, the company provides cloud-based, AI-driven technology solutions, including its Saras eAssessment and easyProctor platforms. It serves a diverse clientele of enterprise customers worldwide, such as certification bodies, corporations, and government entities, helping them deliver high-stakes examinations and manage digital learning programs efficiently.
The Excelsoft Technologies Ltd. IPO is scheduled to open for subscription on Nov 19, 2025 and close on Nov 21, 2025. Investors can apply for shares during this period through eligible platforms.
The price band for the Excelsoft Technologies Ltd. IPO is ₹114 to ₹120. Investors can place bids within this range once the issue opens.
The minimum lot size for the Excelsoft Technologies Ltd. IPO is 125 shares. The minimum investment amount ₹15,000.
The total issue size of the Excelsoft Technologies Ltd. IPO is approximately ₹500.00. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Excelsoft Technologies Ltd. IPO has been subscribed 7.32 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Excelsoft Technologies Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Excelsoft Technologies Ltd. are expected to list on stock exchanges on Nov 26, 2025, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Excelsoft Technologies Ltd. IPO are proposed to be used for The main objectives of the issue are to utilize the net proceeds for the following purposes:, Funding capital expenditure for the purchase of land and construction of a new building at the Mysore Property to develop modern technology and expand AI-based product innovation., Funding capital expenditure for the upgradation of building infrastructure and external electrical systems of the company's existing facility in Mysore, India, to enhance seating capacity and operational efficiency., Funding the upgradation of the company's IT infrastructure, including the procurement of advanced software, hardware, and communication & network services to enhance cybersecurity, productivity, and development capabilities., To fund general corporate purposes, including strategic initiatives, working capital requirements, brand building, and other business development costs.
Before applying for the Excelsoft Technologies Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.