Excelsoft Technologies Limited is a global education and assessment technology company that designs, develops, and delivers technology-based learning, training, and evaluation solutions. With more than two decades of experience, the company has built a strong leadership position in the e-learning and digital assessment market, serving education, government, and enterprise sectors.
Excelsoft architects and builds end-to-end digital learning ecosystems—including learning management systems (LMS), digital content platforms, online test-delivery systems, and assessment-proctoring solutions. The company’s capabilities span platform development, digital content services, and implementation support, enabling it to cater to institutions and organisations with diverse learning and evaluation needs.
Core Products & Solutions:
1. Assessment & Proctoring
- Digital exam delivery platforms
- Secure remote proctoring
- End-to-end assessment management
2. Learning & Student Success
- Learning Management Systems (LMS)
- Learning Experience Platforms (LXP)
- Digital content delivery systems
- Student success tools
- K12 learning solutions
3. Digital Content Solutions
- Interactive eBooks
- Digital publishing platforms
- Content authoring & delivery tools
Excelsoft serves a diverse range of clients, including educational publishers, universities, schools, government agencies, defence organisations, and businesses.
With operations in India, Malaysia, Singapore, the UK, and the USA, the company collaborates with over 200 organisations and impacts more than 30 million learners worldwide.
Some of its prominent and long-standing clients include Pearson Education, Inc., AQA Education, Colleges of Excellence, NxGen Asia PTE LTD., Pearson Professional Assessments Limited, Sedtech for Technology Education & Learning WLL, Ascend Learning LLC, Brigham Young University – IDAHO and more.
As of June 30, 2025, the company employs 1,118+ employees.
Excelsoft Technologies IPO – Details
| IPO Opening Date | 19 November 2025 |
| IPO Closing Date | 21 November 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 4,16,66,666 Shares Worth ₹500 Crore Fresh Issue: 1,50,00,000 Shares Worth ₹180 Crore Offer For Sale: 2,66,66,666 Shares Worth ₹320 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹114 – ₹120 per share |
| Market Lot | 125 Shares |
| Min Order | 125 Shares [ 1 Lot ] |
| Listing At | BSE, NSE |
| Register | MUFG Intime India Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Excelsoft Technologies IPO – Date Schedule
| IPO Open Date | 19 November 2025 |
| IPO Close Date | 21 November 2025 |
| Basis of Allotment | 24 November 2025 |
| Initiation of Refund | 25 November 2025 |
| Credit of Shares to Demat Account | 25 November 2025 |
| IPO Listing Date | 26 November 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 21, 2025 |
Excelsoft Technologies IPO – Lots Size & Price
| 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 |
Competitive Strength
- Expertise in product engineering, development and implementation across assessments, digital learning & information management systems with robust product capabilities.
- Long-term relationships with global customers.
- Expertise in delivering fully compliant digital learning and assessment solutions to clients globally.
- Flexibility to work with diversified technologies to provide the right-fit solution, driven by agile methodologies.
- Robust Operating Parameters.
- Experienced Management Team and Promoters with expertise in developing products.
Company Promoters
- Pedanta Technologies Private Limited
- Dhananjaya Sudhanva
- Lajwanti Sudhanva
- Shruthi Sudhanva.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹197.97 Cr | ₹167.79 Cr | ₹22.41 Cr | ₹118.09 Cr |
| 31 March 2024 | ₹200.70 Cr | ₹182.38 Cr | ₹12.75 Cr | ₹76.73 Cr |
| 31 March 2025 | ₹248.80 Cr | ₹189.26 Cr | ₹34.69 Cr | ₹26.59 Cr |
| 30 June 2025 | ₹60.28 Cr | ₹52.49 Cr | ₹6.01 Cr | ₹37.82 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 10.38 |
| ROCE | 16.11 |
| Debt/Equity | 0.05 |
| RoNW | 10.38 |
| PAT Margin | 14.87% |
| EBITDA Margin | 31.40% |
| Price to Book Value | 3.23 |
| Market Capitalization | ₹1,381.01 Cr. |
| Pre IPO | Post IPO | |
| EPS (₹) | 3.47 | 2.09 |
| P/E (x) | 34.62 | 57.46 |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Funding of capital expenditure for purchase of land and construction of new building at the Mysore Property. | ₹71.97 |
| Funding expenditure for upgradation including external electrical systems of our Existing Facility at Mysore, India. | ₹39.51 |
| Funding upgradation of our Company’s IT Infrastructure (Software, Hardware, and Communications & Network Services). | ₹54.64 |
| General Corporate Purposes. |
✅Strengths
- Strong leadership in e-learning and digital assessment technologies.
- Deep expertise in designing and developing learning platforms and digital content.
- Global presence through subsidiaries in the USA, UK, and Singapore.
- Synergistic subsidiary structure supporting international operations.
- Key subsidiaries show stable revenue and profitability trends.
⚠️Risks
- Exposure to market, credit, and foreign currency risks due to global operations.
- Some subsidiaries show low or negative profitability.
- Potential conflict-of-interest risks among entities in similar business lines.
- Dependence on education and training sectors, which are sensitive to economic cycles.
Excelsoft Technologies IPO Promoter Holding
| Pre Issue Share Holding | 94.59% |
| Post Issue Share Holding | 59.09% |
Excelsoft Technologies IPO Prospectus
Company Contact Information
| Excelsoft Technologies Ltd. 1-B, Hootagalli Industrial Area, Mysuru, Karnataka, 570018 Phone: +91 821 428 2247 Email: ipo@excelsoftcorp.com Website: http://www.excelsoftcorp.com/ |
Excelsoft Technologies IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: excelsofttechnologies.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Excelsoft Technologies IPO Lead Manager(s)
| 1. Anand Rathi Advisors Limited |
Excelsoft Technologies IPO FAQs
| What is Excelsoft Technologies IPO? Excelsoft Technologies IPO is a main-board IPO. The issue is priced at ₹114 to ₹120 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will Excelsoft Technologies IPO open? The IPO is to open on 19 November 2025 for QIB, NII, and Retail Investors. |
| What is Excelsoft Technologies IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is Excelsoft Technologies IPO Size? Excelsoft Technologies IPO size is ₹500.00 Crore. |
| What is the Excelsoft Technologies IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 125 Shares with ₹15,000, while the maximum bid is 1625 Shares with ₹1,95,000. |
| What is the Excelsoft Technologies IPO Allotment Date? Excelsoft Technologies IPO allotment date is 24 November 2025. |
| What is the Excelsoft Technologies IPO Listing Date? Excelsoft Technologies IPO listing date is 26 November 2025. The IPO is to be listed on BSE and NSE. |
