IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 20,833,333 (50%) | — | — |
| NII (HNI) | — | 6,250,000 (15%) | — | — |
| Retail | — | 14,583,333 (35%) | — | — |
| Σ Total | — | 41,666,666 (100%) | — | — |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
Lot size or price band not yet announced.
Financial Statements Amount in ₹ Crore
| Metric | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 60 | 249 | 201 |
| EBITDA | 2 | 3 | 55 |
| Profit After Tax | 6 | 35 | 13 |
| Net Worth | 376 | 371 | 297 |
| Total Assets | 478 | 470 | 421 |
| Reserves & Surplus | 274 | 270 | 296 |
| Total Borrowing | 38 | 27 | 77 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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 our Existing Facility at Mysore, India. – 39.51
- 3 Funding upgradation of our Company’s IT Infrastructure (Software, Hardware and Communications & Network Services). – 54.64
- 4 General Corporate Purposes. – 8.98
Company Overview
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.
Product Segments
- Assessment & Proctoring Solutions
- SARAS e-Assessments
- EasyProctor
- Learning & Student Success Systems
- SARAS Learning Solutions
- OpenPage
- EnablED
- CollegeSparc
- LearnActiv - K12 Learning Solutions
Competitive Strength
- Expertise in product engineering, development and implementation across assessments, digital learning & information management systems with robust product capabilities.
- Long-term relationships with global customers.
- Expertise in delivering fully compliant digital learning and assessment solutions to clients globally.
- Flexibility to work with diversified technologies to provide the right-fit solution, driven by agile methodologies.
- Robust Operating Parameters.
- Experienced Management Team and Promoters with expertise in developing products.