Excelsoft Technologies IPO is Set to Open on November 19, 2025; Key Aspect Investors Need to Know

Excelsoft Technologies, a global vertical SaaS provider, is set to launch its IPO on November 19, 2025, with a mix of fresh issue and offer for sale, offering investors an opportunity to assess both potential and risks. 

Excelsoft Technologies IPO Details and Offer Structure 

The IPO consists of a fresh issue of 1.50 crore shares totalling ₹180 crore and an OFS of up to 2.67 crore shares worth ₹320 crore. The price band has been set at ₹114 to ₹120 per share, and the minimum lot size is 125 shares.  

The issue will remain open until November 11, 2025, with a tentative listing date of November 26, 2025. MUFG Intime India will act as the registrar, while Anand Rathi Investment Banking is the sole book running lead manager. 

Utilisation of IPO Proceeds 

As per the RHP, ₹71.9 crore will be used to acquire land and build a new facility in Mysore, ₹39.5 crore will go towards upgrades including electrical systems at the current facility, and ₹54.6 crore will be invested in strengthening IT infrastructure. The remaining funds will be allocated for general corporate purposes. 

Read More: Upcoming IPOs This Week (17–21 Nov, 2025): Check Full List Here!! 

Key Risks Investors Should Consider 

As per the news reports, customer concentration poses a major risk, with between 41.9% and 59.2% of revenue across FY23 to Q1FY26 coming from a single client, Pearson Education Group. The company also faces challenges from rapidly evolving SaaS and IT industry dynamics, where outdated offerings could impact performance.  

Additionally, 67.07% to 78.03% of revenue in recent years has come from the publishing and certification sectors, creating exposure to sector specific downturns. The RHP also highlights concerns around agreements executed on unstamped or unregistered papers, creating potential legal validity issues. Forex movements and customer retention remain other notable risk factors. 

Competitive Strengths Supporting the Company 

Excelsoft’s core strengths include strong product and solution capabilities across digital learning, assessment, and information management. The company has long term relationships across markets such as the USA, UK, India, Australia, UAE, and Canada. Its technological flexibility enables faster responses, better scalability, and product innovation, supporting its global customer base. 

Conclusion 

Excelsoft Technologies' IPO presents a blend of growth potential and identifiable risks. The company’s global customer relationships and technical expertise stand out, while concentration risks and rapid industry shifts remain key considerations for investors reviewing the offer. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.