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Excelsoft Technologies IPO

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17 Nov 2025
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JM Financial Services
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Investor reviewing Excelsoft Technologies IPO application details via mobile

Introduction

Excelsoft Technologies, rooted in Mysuru’s tech corridors for over twenty years, is gearing up for its public debut with a fresh IPO. If you’ve ever marveled at AI-powered assessment tools or seamless online learning experiences, chances are Excelsoft’s platforms played a part. This IPO is much more than numbers—it’s a testament to the tireless work behind educating and empowering over 30 million learners worldwide.


Key IPO Details

Feature

Details

IPO Open Date

November 19, 2025

IPO Close Date

November 21, 2025

Lot Size

125 shares (₹15,000 retail min)

Retail Max

13 lots (1,625 shares, ₹1,95,000)

S-HNI

14–66 lots (1,750–8,250 shares)

IPO Allotment

November 24, 2025

Listing

November 26, 2025 (likely NSE, BSE)

Promoters

Pedanta Technologies Pvt Ltd, Dhananjaya Sudhanva, Lajwanti Sudhanva, Shruthi Sudhanva

Lead Manager

Anand Rathi Advisors Ltd


About the Company

Excelsoft is a vertical SaaS company specializing in learning and assessment solutions. Their suite covers AI-powered apps, digital eBook platforms, online proctoring, and test/assessment systems, serving governments, corporates, publishers, schools and universities. With offices in Malaysia, Singapore, UK, US, and India, the company delivers global impact through long-term contracts and robust tech innovation.


Financials at a Glance

Excelsoft Technologies Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 172% between the financial year ending with March 31, 2025 and March 31, 2024.

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


IPO Objectives

  • Funding new land purchase and constructing a flagship building in Mysore
  • Upgrading electrical and IT infrastructure to support expanded client needs
  • General corporate purposes and technology scaling

IPO Lot Size :-

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

IPO Reservation :-

Investor Category

Shares Offered

QIB Shares Offered

Not more than 50 % of the Net Offer

Retail Shares Offered

Not less than 35%of the Net Offer

NII Shares Offered

Not less than 15% of the Offer


How To Apply for the IPO ?

  • 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
  • Go to Discover section & 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


Final Thoughts :-

Excelsoft Technologies’ IPO stands out for anyone who values real innovation in education—not just in India, but globally. If tech-driven growth and mission-driven business are important to you, this is a company to watch in the capital markets.

FAQs

Q: What are the Excelsoft Technologies IPO dates and lot sizes?
A: November 19–21, 2025. Lot size is 125 shares (₹15,000).

Q: When is Excelsoft listing and allotment?
A: Allotment on November 24; listing on November 26, 2025.

Q: What’s the IPO for?
A: Land/building, infrastructure upgrades, IT, and general corporate uses.

Q: Who are Excelsoft’s clients?
A: Major corporates, education bodies, publishers, government, and 30+ million students worldwide.

Q: How did the company perform financially?
A: Revenue up 25% and PAT up 172% in FY25 vs FY24.

Q: Where will Excelsoft shares be listed?
A: Likely both NSE and BSE.