Excelsoft Tech shares made a solid entry into the domestic stock market today, delivering significant gains to investors on their listing day, while the company, which provides digital books and other SaaS (Software-as-a-Service) solutions, saw its shares list at ₹135. 00 against an issue price of ₹120. 00, while this strong debut occurred on both the BSE and NSE, providing IPO investors with an immediate listing gain of 12. 50%. Following the listing, the share price climbed further, reaching ₹139. 40 on the BSE, increasing the IPO investors' profit to 16. 17%. This impressive performance underscores the company's strong market entry and the growing demand for its services among investors.
Overwhelming Investor Response to IPO
Excelsoft Tech's ₹500. 00 crore Initial Public Offering (IPO) was open for subscription from November 19 to 21, while the IPO received an overwhelming response from investors, being oversubscribed by more than 45. 46 times overall, while enthusiastic participation was observed across various investor categories. The portion reserved for Qualified Institutional Buyers (QIB) was subscribed 50, while 06 times (excluding anchor investors), while the Non-Institutional Investors (NII) portion was filled 107. 04 times. Retail investors also showed strong interest, with their portion being subscribed 16. 44 times. This high level of oversubscription highlights investors' deep confidence in the company's future growth potential and its business model.
Strategic Utilization of IPO Funds
The Excelsoft Tech IPO involved the issuance of new shares worth ₹180. 00 crore, alongside the sale of 2,66,66,666 shares with a face value of ₹10 each through the Offer For Sale (OFS) window. The funds generated from the Offer For Sale were directly received by the selling shareholders. Meanwhile, the ₹180 crore raised through the new share issuance will be strategically utilized for the company's expansion and modernization. Of this, ₹61. 77 crore will be spent on purchasing land and constructing a new building in Mysore, strengthening the company's physical presence. On top of that, ₹39. 51 crore has been allocated for upgrading existing facilities in Mysore, while ₹54. 64 crore will be invested in enhancing IT infrastructure. The remaining funds will be used for general corporate purposes, fostering the company's operational efficiency and growth.
Founded in 2000, Excelsoft Tech is a global vertical SaaS (Software-as-a-Service) company that delivers innovative solutions for the education and corporate sectors. The company offers a comprehensive range of services, including AI-powered applications, test and assessment platforms, online proctoring solutions, Learning Experience Platforms (LXP), Student Success Platforms, and digital ebook platforms. Its key products include EnableD LXP and OpenPage Digital Books, along with SARAS LMS, which provides tailored learning support to academic institutions and corporations based on their specific needs. The company's offerings play a crucial role in the evolving landscape of digital learning and assessment.
About Excelsoft Tech: A Global SaaS Innovator
Diverse Client Base and Global Footprint
Excelsoft Tech boasts a highly diverse client base, encompassing educational publishers, universities, schools, government agencies, defense organizations, and various businesses. This broad client portfolio reflects the versatility of the company's services and their relevance across different sectors. The company's geographical presence is also extensive, with operations spanning key markets such as India, Malaysia, Singapore, the UK, and the USA. This global reach enables Excelsoft Tech to cater to the needs of. Diverse international clients and strengthen its position in the global digital learning landscape.
Solid Financial Performance
On the financial front, Excelsoft Tech has demonstrated a strong and resilient performance over the past few years. In fiscal year 2023, the company reported a net profit of ₹22, while 41 crore, which saw a dip to ₹12. 75 crore in fiscal year 2024. However, the company made a remarkable comeback in fiscal year 2025, with net profit surging to ₹34, while 69 crore, indicating improved operational efficiency and increased market demand. During the same period, the company's total income consistently grew, expanding at. A Compound Annual Growth Rate (CAGR) of over 12% to reach ₹248. 80 crore in fiscal year 2025. In the first quarter of the current fiscal year 2026 (April-June 2025),. The company continued its growth trajectory, reporting a net profit of ₹6. 01 crore and a total income of ₹60, while 28 crore.
Healthy Balance Sheet
As of the end of the June 2025 quarter, Excelsoft Tech's balance sheet reflects a healthy financial position. The company had a total debt of ₹37. 82 crore, while its reserves and surplus stood at a solid ₹274, while 25 crore. This strong reserve and surplus position provides the company with ample financial flexibility to capitalize on future growth opportunities and navigate any unforeseen challenges. The combination of low debt and a high equity base further enhances investor confidence in the company's financial stability and long-term growth potential.
