Saas player Excelsoft Technologies Limited is setting the stage for its Initial Public Offering (IPO), it is offering a strong prospect to investors interested in the rapidly growing tech sector. Established in 2000 and headquartered in Mysore, Karnataka, Excelsoft specializes in technology solutions with a global footprint. The company is now inviting investors to join its growth journey through the IPO that features a mix of fresh shares and an offer for sale by existing promoters.
Company Business Overview
Excelsoft Technologies is a global provider of technology solutions and services with clients worldwide. The company focuses on e-learning, digital services, and IT solutions customised mainly for education and corporate sectors, backed by strong technology infrastructure and experienced leadership.
IPO Details at a Glance
| Parameter | Details |
|---|---|
| IPO Issue Size | ₹5,000 million |
| Fresh Issue Size | ₹1,800 million |
| Offer for Sale Size | ₹3,200 million |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹[To be announced – Check for updates] |
| Bid Opening Date | November 19, 2025 |
| Bid Closing Date | November 21, 2025 |
| Allotment Date | [To be announced – usually within a week post-close] |
| Listing Date | [To be announced – typically within 1-2 weeks post-allotment] |
| Registrar of IPO | MUFG Intime India Private Limited |
| Book Running Lead Manager | Anand Rathi Advisors Limited |
| Grey Market Premium (GMP) | ₹[To be updated near listing] |
Note: Price Band and exact allotment/listing dates will be finalized and published shortly before the IPO opens.
Company Financial Highlights (Restated Consolidated)
| Financial Year / Period | FY 2023 | FY 2024 | FY 2025 | Q1 FY 2026 (June 2025) |
|---|---|---|---|---|
| Revenue from Operations (₹ million) | 1,951.04 | 1,982.97 | 2,332.91 | 557.18 |
| Other Income (₹ million) | 28.69 | 23.99 | 155.09 | 45.58 |
| Total Income (₹ million) | 1,979.73 | 2,006.96 | 2,488.00 | 602.76 |
| Profit/Loss Before Tax (₹ million) | 301.83 | 183.14 | 595.45 | 77.86 |
| Profit/Loss After Tax (₹ million) | 224.14 | 127.53 | 346.91 | 60.09 |
| Earnings Per Share – Basic (₹) | 2.24 | 1.27 | 3.47 | 0.60 |
| Equity Share Capital (₹ million) | 15.94 | 15.96 | 1,000.84 | 1,000.84 |
Broker Recommendations Summary
| Broker Name | Recommendation | Price Target / Comments |
|---|---|---|
| Anand Rathi Advisors Ltd. | Positive | Strong fundamentals with growth potential in tech sector. Buy recommended post-IPO. |
| [Other Broker Names] | [To be updated] | Look out for announcements closer to IPO release. |
Note: Most brokerages advise careful review of the offer price and market conditions before investing.
Why Excelsoft Technologies IPO?
- Strong Industry Presence: Over two decades in tech solutions primarily for education and enterprises.
- Growth and Profitability: Consistent rise in revenues and profits as seen in recent financials.
- Global Clientele: Diversified international clients provide revenue stability.
- Experienced Promoters: Backed by Pedanta Technologies Private Limited and seasoned leaders.
- Listing on Major Exchanges: BSE and NSE listing, ensuring liquidity and visibility.
How to Participate in Excelsoft IPO?
The IPO is open for bidding from November 19 to 21, 2025, through the ASBA process and UPI mechanism for retail investors. The minimum bid size and lot will be announced shortly in leading newspapers and on official platforms.
