Notice Board

Excelsoft Technologies Ltd – Company Background

Excelsoft Technologies Ltd is a global vertical SaaS (software-as-a-service) company focused on the learning and assessment technology space. The company offers AI-powered test engines, assessment platforms, and content-query assistance tools.

The company serves schools, universities, educational publishers, corporates, and government-linked institutions. Excelsoft has more than 3 crore learners worldwide with presence across Malaysia, Singapore, the UK, the US, and India.

The IPO contains a fresh issue and an offer for sale (OFS) by early investors. Fresh capital will be used for constructing the Mysore facility, IT upgrades, and network infrastructure improvements.

Promoters include Pedanta Technologies Pvt Ltd, Dhananjaya Sudhanva, Lajwanti Sudhanva, and Shruthi Sudhanva. Anand Rathi Investment Banking is the BRLM; MUFG Intime India Pvt Ltd is the registrar.

Highlights of the Excelsoft Technologies Ltd IPO

• IPO dates: 19 Nov 2025 – 21 Nov 2025
• Price band: ₹114 – ₹120; Face value: ₹10
• Fresh issue: 1.50 crore shares (₹180 crore)
• OFS: 2.667 crore shares (₹320 crore)
• Total issue: 4.166 crore shares (₹500 crore)
• Listing on NSE & BSE Mainboard
• Anchor allocation one day prior to opening

Key Dates, Investor Allocation & Lot Sizes

Financial Highlights

Valuation

At the upper price band of ₹120, Excelsoft’s FY25 EPS of ₹3.47 implies a P/E ratio of ~34.6×. This valuation is in line with small and fast-growing vertical SaaS companies.

Positives include:

• Strong global presence in learning and assessment systems
• Established customer relationships across multiple geographies
• Scalable SaaS business model

Return ratios (ROE, ROA) remain areas to watch, given the large asset base. Improvement here could drive future re-rating.