How to Check Excelsoft Technologies IPO Allotment Status

Excelsoft Technologies Limited is a global vertical SaaS company specialising in the learning and assessment market. The company was founded in 2000. It 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.

The Excelsoft Technologies IPO came with a total issue size of ₹500.00 crore, comprising a fresh issue of ₹180.00 crore and an offer for sale of ₹320.00 crore. The IPO opened on November 19, 2025, and closed on November 21, 2025. The allotment is expected on Monday, November 24, 2025. The share price band was set at ₹114 to ₹120 per share.

Don’t Miss Out on the Next Big IPO – Invest With Just a Few Clicks!

Open Account Now

Steps to Check Excelsoft Technologies IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Pvt. Ltd. 
• Select "Excelsoft Technologies" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Excelsoft Technologies IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Excelsoft Technologies" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Excelsoft Technologies IPO Subscription Status

Excelsoft Technologies IPO received strong investor interest, being subscribed 45.46 times overall. Here is the category-wise breakdown as of 5:34:33 PM on November 21, 2025:

• QIB Category (Ex Anchor): 50.06 times
• Non-Institutional Investors (NII): 107.04 times
• Retail Investors: 16.44 times

Excelsoft Technologies IPO Share Price and Investment Details

The minimum investment required was ₹15,000 for 1 lot (125 shares). The issue raised ₹150.00 crore from anchor investors. Given the strong subscription of 45.46 times with exceptional institutional interest at 50.06 times, exceptional NII participation at 107.04 times, and strong retail subscription at 16.44 times, the share price is expected to list with premium.

Utilisation of IPO Proceeds

The proceeds will be utilized for funding of capital expenditure for purchase of land and construction of new building at the Mysore Property (₹71.97 crore), funding expenditure for upgradation including external electrical systems of Existing Facility at Mysore, India (₹39.51 crore), funding upgradation of the Company's IT Infrastructure including Software, Hardware and Communications & Network Services (₹54.64 crore), and general corporate purposes.

Business Overview

Excelsoft Technologies Limited is engaged in providing global vertical SaaS solutions and services. The company marked growth in its top lines till FY25. The company operates in the learning and assessment market segment.

The company demonstrated financial performance with 24% revenue increase and 172% PAT rise between FY24-FY25. It maintains financial metrics with a 10.38 ROE and a low debt-equity ratio of 0.05. The company marked growth in its top and bottom lines.

The company benefits from expertise in product engineering, development and implementation across assessments, digital learning and information management systems, long-term relationships with global customers, expertise in delivering fully compliant digital learning and assessment solutions, flexibility to work with diversified technologies, and experienced management team and promoters. However, investors should note the post-issue P/E ratio of 57.46 and Price to Book Value of 3.23.