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Excelsoft Technologies

Listed

IPO Timeline

Issue open date

19 Nov 2025

Issue close date

21 Nov 2025

UPI mandate deadline

21 Nov 2025

Allotment finalization

24 Nov 2025

Refund initiation

25 Nov 2025

Share credit

25 Nov 2025

Listing date

26 Nov 2025

Mandate end date

6 Dec 2025

Lock-in end date for anchor investors (50%)

24 Dec 2025

Lock-in end date for anchor investors (remaining)

22 Feb 2026

Grey Market Premium Trend

₹4
Current GMP
₹124
Est. Listing Price
3.3%
Est. Listing Gain
₹114 - ₹120
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
25 Nov₹4₹1243.33%
24 Nov₹7₹1275.83%
23 Nov₹6₹1265.00%
22 Nov₹8₹1286.67%
21 Nov₹8₹1286.67%
20 Nov₹8₹1286.67%
19 Nov₹14₹13411.67%
18 Nov₹16₹13612.92%
17 Nov₹15₹13512.50%
16 Nov₹16₹13613.33%
15 Nov₹20₹14016.67%
14 Nov₹30₹15025.00%
13 Nov₹0₹1200.00%
12 Nov₹0₹1200.00%
11 Nov₹0₹1200.00%

Key Dates

Open
19 Nov 2025
Close
21 Nov 2025
Listing
26 Nov 2025

Quick Stats

Issue Size:500cr
Lot Size:125 shares

About the Company

Founded in 2000 by Dhananjaya Sudhanva, Excelsoft Infotech is an India-based vertical SaaS company specializing in e-learning, assessment, and education technology solutions for educational institutions, governments, and certification bodies globally. Headquartered in Mysore, Karnataka, the company develops proprietary learning and assessment platforms and delivers digital content services across a range of geographies, including the U.S., U.K., and Singapore. Excelsoft operates through a mix of product licences, SaaS offerings, and managed services, with development and administrative operations supported by its Indian and international subsidiaries.

Strengths

  • Expertise in assessments, digital learning, and information systems.
  • Strong global customer relationships built over the long term.  
  • Delivers compliant digital learning and assessment solutions globally.
  • Flexible technology approach powered by agile methodologies  
  • Experienced leadership ensures high standards and governance 

Risks

  • Heavy reliance on Pearson for the majority of revenues.
  • Global operations expose business to complex regulatory compliance risks.  
  • SaaS transition delays revenue recognition, impacting short-term cash flow.  
  • No long-term contracts reduce client retention predictability. 
  • Cybersecurity threats pose risks to sensitive education data systems.

Excelsoft Technologies IPO – Frequently Asked Questions

  • The price band for the Excelsoft Technologies IPO is set at ₹114 to ₹120 per share.
  • The Excelsoft Technologies IPO opens on November 19, 2025 and closes on November 21, 2025.
  • The tentative listing date for the Excelsoft Technologies IPO is November 26, 2025.
  • You can apply for the Excelsoft Technologies IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Excelsoft Technologies, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Excelsoft Technologies IPO is 125 shares. Investors must apply for at least one lot (i.e., 125 shares).