Excelsoft IPO

Excelsoft Technologies Limited is a global vertical SaaS company specializing in secure, cloud-based technology solutions for the learning and assessment market. The company offers two main platforms: **Assessment Solutions** (Saras eAssessment and easyProctor for high-stakes exams) and **Learning Solutions** (SARAS LMS, EnablED, and OpenPage for interactive content). It serves certification bodies, universities, publishers, and corporates globally, including major clients like Pearson Professional Assessments and AQA Education. The company operates with an asset-light, scalable, and innovation-driven model, backed by ISO 27001 and ISO 9001 certifications.
Live Subscription by Application
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 83,33,334 | 570 | 0.00x |
FII | - | 41 | - |
DFI | - | 24 | - |
MF | - | 44 | - |
Other | - | 461 | - |
| NII | 3,571 | 1,46,710 | 41.08x |
bNII | 2,381 | 60,235 | 25.30x |
Corporate | - | 534 | - |
Individual | - | 56,849 | - |
Other | - | 2,852 | - |
sNII | 1,190 | 86,475 | 72.67x |
Corporate | - | 216 | - |
Individual | - | 81,935 | - |
Other | - | 4,324 | - |
| Retail | 1,16,667 | 16,15,546 | 13.85x |
Cut-off price | - | 13,18,367 | - |
Fixed price | - | 2,97,179 | - |
| Total | 84,53,572 | 17,62,826 | 0.21x |
Live Subscription by Shares
| Category | Shares Offered | Shares Applied | Subscription |
|---|---|---|---|
| QIB | 83.33 L | 41.71 Cr | 50.06x |
FII | - | 11.29 Cr | - |
DFI | - | 17.38 Cr | - |
MF | - | 2.69 L | - |
Other | - | 13.02 Cr | - |
| NII | 62.50 L | 66.90 Cr | 107.04x |
bNII | 41.67 L | 51.22 Cr | 122.93x |
Corporate | - | 45.70 L | - |
Individual | - | 48.35 Cr | - |
Other | - | 2.42 Cr | - |
sNII | 20.83 L | 15.68 Cr | 75.25x |
Corporate | - | 4.14 L | - |
Individual | - | 14.87 Cr | - |
Other | - | 76.92 L | - |
| Retail | 1.46 Cr | 23.98 Cr | 16.44x |
Cut-off price | - | 19.77 Cr | - |
Fixed price | - | 4.21 Cr | - |
| Total | 2.92 Cr | 132.59 Cr | 45.46x |
Subscription Summary
Quick Stats
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Join NowData Last Updated
24 Nov 2025, 01:29 pm
Understanding Subscription Categories
QIB
Qualified Institutional Buyers
Includes FII, DFI, Mutual Funds, and other qualified institutions.
NII
Non-Institutional Investors
High net-worth individuals: bNII (₹10L+) and sNII (₹2L-₹10L).
Retail
Retail Individual Investors
Retail investors with applications up to ₹2 lakh per PAN.