| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹500.00 Cr |
| Fresh Issue | ₹180.00 Cr |
| Offer for Sale | ₹320.00 Cr |
| Face Value | βΉ10 Per Equity Share |
| Price Band | βΉ114.00-120.00 per share |
| BSE Code | 544617 |
| NSE Code | EXCELSOFT |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Anand Rathi Advisors Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 125 shares and in multiples thereof
Founded in 2000, Excelsoft Technologies Limited is a global vertical SaaS company specialising in the learning and assessment market. The company provides AI-powered applications, test and assessment platforms, online proctoring solutions, learning experience platforms, student success platforms, and digital eBook platforms.
The company's SARAS LMS, including EnablED LXP and OpenPage digital books, offer tailored learning support for academic institutions and corporations, addressing their training, learning, and development needs.
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, Excelsoft has a team of 1,118 employees.
Competitive Strength
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure for purchase of land and construction of new building at the Mysore Property. | 61.77 |
| 2 | Funding expenditure for upgradation including external electrical systems of the Existing Facility at Mysore, India. | 39.51 |
| 3 | Funding upgradation of the Companyβs IT Infrastructure (Software, Hardware and Communications & Network Services). | 54.64 |
| 4 | General Corporate Purposes. | 8.98 |
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 478.34 | 470.49 | 421.03 | 436.13 |
| Total Income | 60.28 | 248.80 | 200.70 | 197.97 |
| Profit After Tax | 6.01 | 34.69 | 12.75 | 22.41 |
| EBITDA | 10.18 | 73.26 | 54.97 | 68.18 |
| NET Worth | 375.95 | 371.29 | 297.30 | 278.08 |
| Reserves and Surplus | 274.25 | 269.66 | 295.71 | 276.48 |
| Total Borrowing | 37.82 | 26.59 | 76.73 | 118.09 |
| Amount in ₹ Crore | ||||
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 3.47 | 2.09 |
| P/E (x) | 34.62 | 57.46 |
| Promoter Holding | 94.6% | 59.09% |
| Market Cap | βΉ1381.01 Cr. | |