Exato Technologies IPO

Introduction:-

Exato Technologies is a Noida-based IT and product engineering company that builds AI‑enabled, cloud‑ready software solutions for enterprises across BFSI, retail, manufacturing, and digital businesses. Its SME IPO is aimed at strengthening working capital, accelerating product development, and reducing debt to support the next leg of growth.​

Key IPO terms:​

• IPO type: SME, book‑built
• Issue structure: Fresh issue only
• Issue size: ~₹37.66 crore (approx.)
• IPO open / close: 28 November – 2 December 2025
• Allotment: 3 December 2025
• Listing: 5 December 2025 (SME platform, likely NSE Emerge/BSE SME)
• Price band: Noted in RHP (implied from lot value: ~₹140 per share)
• Market lot: 2,000 shares
• Minimum retail application: 2 lots = 2,000 shares (₹2,80,000)
• Anchor portion: 7,61,000 shares (28.45% of issue)

Business Overview

Exato Technologies positions itself as an “AI‑first” IT services and product company. It offers:

• Custom software development (web, mobile, enterprise applications)
• AI / data‑driven solutions, automation and analytics
• Cloud migration, DevOps and managed services
• In‑house product platforms that support long‑term, recurring revenue.​

The company serves domestic and overseas clients, focusing on high‑margin, high‑complexity projects rather than pure body‑shopping. This mix of project work plus product IP is what the IPO is designed to scale further.

Financial Performance

Exato Technologies Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.

Key metrics (FY25):​

• PAT margin: 7.85%
• EBITDA margin: 12.64%
• ROE: 28.13%
• ROCE: 26.38%
• Debt‑equity: 0.75
• EPS (basic): ₹13.86
• NAV: ₹55.56

These numbers show a reasonably profitable, growing SME with improving return ratios.

Objectives of the IPO

As per the RHP/objectives section, proceeds will be used for:​

1. Working capital: ₹15.73 crore to support larger ticket projects and longer receivable cycles.
2. Product development: ₹6.80 crore for further building out Exato’s product stack and IP.
3. Debt reduction: ₹2.53 crore for repayment/prepayment of borrowings.
4. General corporate purposes: Brand building, hiring, tech infrastructure, and contingencies.

IPO Lot Size

Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.  The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.

 IPO Reservation

Exato Technologies IPO offers total 26,75,000 shares. Out of which 12,69,000 (47.44%) allocated to QIB, 5,08,000 (18.99%) allocated to QIB (Ex- Anchor), 3,82,000 (14.28%) allocated to NII 8,90,000 (33.27%) allocated to RII and 7,61,000 (28.45%) allocated to Anchor investors.

How To Apply for the Online?

• Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
• Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
• Select IPO: Find and select the IPO from the list of open IPOs. 
• Enter the Lot Size: Specify the number of lots you want to bid for. 
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of IPO?

Steps to check IPO allotment status on JM Pro app: 

• Log in to the JM Pro app. 
• Go to the IPO Section and then to IPO Orders. 
• Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email