Founded in 2000 by Dhananjaya Sudhanva, Excelsoft Infotech is an India-based vertical SaaS company specializing in e-learning, assessment, and education technology solutions for educational institutions, governments, and certification bodies globally. Headquartered in Mysore, Karnataka, the company develops proprietary learning and assessment platforms and delivers digital content services across a range of geographies, including the U.S., U.K., and Singapore. Excelsoft operates through a mix of product licences, SaaS offerings, and managed services, with development and administrative operations supported by its Indian and international subsidiaries.
IPO schedule
Issue open date
2025-11-19
Issue close date
2025-11-21
UPI mandate deadline
2025-11-21 (5 PM)
Allotment finalization
2025-11-24
Refund initiation
2025-11-25
Share credit
2025-11-25
Listing date
2025-11-26
Mandate end date
2025-12-06
Lock-in end date for anchor investors (50%)
2025-12-24
Lock-in end date for anchor investors (remaining)
2026-02-22
Financials
Financial Year Ended
March 2024
March 2025
June 2025
Total Assets
421.0
470.49
478.34
Revenue
200.6
248.80
60.28
Profit After Tax
12.7
34.69
6.01
Issue size
Funds Raised in the IPO
Amount
Total issue size
500
Fresh Issue - Proceeds go to the company
180
Offer for sale - Proceeds go to the existing investors
320
Utilisation of proceeds
Purpose
INR crores (%)
Funding of capital expenditure for purchase of land and construction of new building at the Mysore Property
71.97 (39.98%)
Funding expenditure for upgradation including external electrical systems of our Existing Facility at Mysore, India
39.51 (21.95%)
Funding upgradation of our Company’s IT Infrastructure (Software, Hardware and Communications & Network Services)
54.63 (30.35%)
General corporate purposes
13.89 (7.72%)
Strengths
Expertise in assessments, digital learning, and information systems.
Strong global customer relationships built over the long term.
Delivers compliant digital learning and assessment solutions globally.
Flexible technology approach powered by agile methodologies
Experienced leadership ensures high standards and governance
Risks
Heavy reliance on Pearson for the majority of revenues.
Global operations expose business to complex regulatory compliance risks.