43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

43  Total SME IPOs listed in 2025

1993.07 Crs.  Total funds raised in 2025

32  SME IPOs listed with Gain in 2025

11  SME IPOs listed with loss in 2025

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Excelsoft Technologies Limited IPO (Excelsoft Technologies IPO) Details

Mysore

Date of DRHP : 28 Feb 2025

Issue Type : Book Building Process

IPO Type : MainBoard IPO

Excelsoft Technologies Basic Details

   Information Technology - SaaS

Sub Sector: Global vertical SaaS company focused on the learning and assessment market

About the Company

Excelsoft Technologies Limited is a global vertical SaaS company focused on the learning and assessment market. The global SaaS market has seen rapid growth, with vertical SaaS emerging as a dominant trend that promises specialized, industry-tailored solutions. This shift has positioned vertical SaaS to grow at an even faster pace than general SaaS, with estimates suggesting that vertical SaaS could account for nearly 50% of the SaaS market by 2030 (Source: Arizton Report). With over two decades of experience, they provide technology-based solutions across diverse learning and assessment segments through long-term contracts with enterprise clients worldwide. Their platforms are cloud-based with open and industry standards-compliant APIs, ensuring scalability across organizations and users. Security and performance are core to their product offerings. Their focus is on high stakes assessment market through their AI based Assessment & Proctoring Solutions, which help qualifications and certification bodies, awarding and credentialing bodies, admission tests councils, corporates & government entities. In the academic sector, their products are used in schools and universities across the globe to run endto end exams. This includes question creation, test construction, delivery, marking, report generation and smart analytics. Their products are configurable and customisable for diverse requirements of the marketplace. The quality of their platforms, their client base and the reputation of their brand, have driven their growth, enabling them to expand their global footprint in the field of learning and assessment market since their inception.

Financial Summary (Annualised Basis)

Revenue :
229.80 Cr.

PAT :
9.20 Cr.

Excelsoft Technologies IPO Lead Manager(s)

Anand Rathi Securities Limited

Excelsoft Technologies IPO Registrar

MUFG INTIME INDIA PRIVATE LIMITED

Excelsoft Technologies DRHP Details

Objects of issue

  • Funding of capital expenditure for upgradation and external electrical systems of their existing facility
  • Funding upgradation of the Company’s IT Infrastructure (Software, hardware and Communications & Network Services)
  • General Corporate purposes
  • Offer for Sale

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FAQs

Excelsoft Technologies operates in Information Technology - SaaS and Global vertical SaaS company focused on the learning and assessment market. The Issue would be listed on MainBoard. The registrar of the Issue is MUFG INTIME INDIA PRIVATE LIMITED. The IPO type of Excelsoft Technologies is Book Building Process and Object of issue is

  • Funding of capital expenditure for upgradation and external electrical systems of their existing facility
  • Funding upgradation of the Company’s IT Infrastructure (Software, hardware and Communications & Network Services)
  • General Corporate purposes
  • Offer for Sale

The DRHP (Draft Red Herring Prospectus) of Excelsoft Technologies IPO was filed on 28 Feb 2025.

No, Excelsoft Technologies IPO is not yet listed. See other upcoming MainBoard IPOs here.

The IPO open date and IPO close date of Excelsoft Technologies are not available now. You can apply in Excelsoft Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.

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