Excelsoft Technologies Share Price, IPO Listing, GMP Highlights: Excelsoft Technologies made its stock market debut today, listing on both the NSE and BSE. The company’s shares opened at a premium of 12.5% over the upper price band of Rs 120 per share.
The company raised Rs 500 crores from the primary markets. The issue was a combination of 1.50 crore fresh shares of Rs 180 crores and an offer for sale of 2.67 crore shares worth Rs 320 crores. The company kept the cut-off price at Rs 120 per equity share. The IPO bidding started on November 19 and finished on November 21. The allotment for IPO was finalised on November 24.
| Excelsoft Technologies IPO | Key Details |
| Issue Price | Rs 120 per share |
| Subscription | 45.46x |
| GMP | 5.8% |
| IPO Allotment date | November 24 |
| Listing date | November 26 |
Excelsoft Technologies IPO: Book runner and registrar
Anand Rathi Advisors worked as the book-running lead manager for the IPO, and MUFG Intime India was the registrar of the issue.
About Excelsoft Technologies
Excelsoft Tech is a global vertical SaaS company focused on the learning and assessment market. The company offers 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, provides customised learning support to academic institutions and corporations to cater to their training, learning, and development requirements. The company cater its services to a wide range of clients: educational publishers, universities, schools, government agencies, and businesses.
Excelsoft Technologies Share Price, IPO Listing Highlights: Check here Coverage on Excelsoft Technologies IPO Listing, GMP, Share Price, Price Band, Review
Excelsoft Technologies Share Price, IPO Listing, GMP Live: About SAAS industry
The education technology SaaS segment is expanding even faster as institutions increasingly move away from legacy offline systems toward cloud-based platforms for learning, evaluation, student management, analytics, content distribution, and workflow automation. In India, particularly, SaaS-based education platforms are expected to grow at a high double-digit rate as colleges, coaching centres, test bodies, and professional educators formalise digital-first operations.
Excelsoft Technologies Share Price, IPO Listing, GMP Live: Strong domain leadership in assessment
Excelsoft Technologies’ solutions handle highly sensitive workflows such as high-stakes exams, certification tests, adaptive learning environments, and large-scale digital assessments. These require reliability, security, compliance, and extremely high uptime all of which Excelsoft has demonstrated with global clients. This specialisation creates a high entry barrier, because replacing such platforms is costly, time-consuming, and operationally risky for institutions.
Excelsoft Technologies Share Price, IPO Listing, GMP Live: Favorable market tailwinds
Excelsoft Tech operates at the intersection of SaaS + EdTech + Assessment, which is a high-growth space globally. The demand for online assessments, digital learning platforms, proctoring, and AI-enabled learning is increasing, especially post-pandemic, in both developed and emerging markets. Its global presence (US, UK, India, etc.) gives it exposure to markets where digital education is scaling rapidly.
Excelsoft Technologies Share Price, IPO Listing, GMP Live: Shares pull back 6% from day's high
The share price of Excelsoft Technologies pulled back 6%, from the day's high of Rs 142.59, to trade at Rs 134 on the National Stock Exchange. The stock is currently changing hands near to listing price.
The stock listed today at Rs 135, a premium of 12.5% to the issue price of Rs 120.
Excelsoft Technologies Share Price, IPO Listing, GMP Live: Shares lists at 12.5% premium
The share price of Excelsoft Technologies is listed at Rs 135 on the National Stock Exchange, which is a premium of 12. 5%. The stock debuted at the same price on the BSE as on the NSE. The stock price further drifted by 3.5% from the listing price to trade at Rs 141.
Excelsoft Technologies Share Price, IPO Listing, GMP Live: Blue-chip global customer base
Excelsoft serves some of the world’s most respected education and assessment brands. These include test boards, certification agencies, universities, and large publishing companies. Many of these relationships have lasted over a decade, indicating strong product fit, reliability, and trust. The company works with clients across North America, Europe, APAC, and the Middle East.
Excelsoft Technologies Share Price, IPO Listing, GMP Live: Industry outlook
The global EdTech and digital-assessment industry is entering a multi-year expansion cycle driven by rapid digitisation across schools, universities, certification bodies, and corporate learning environments. The overall EdTech and smart-classroom market is projected to grow strongly through 2030, supported by rising technology adoption in both developed and emerging markets.
Excelsoft Technologies Share Price, IPO Listing, GMP Live: Fund utilisation
The company plans to use the IPO money to buy land in Mysore, upgrade its electrical and information technology (IT) systems, strengthen its overall technology stack, and meet general corporate requirements.
Excelsoft Technologies is ready to trade in the secondary markets after the allotment of shares was finalised on November 25. The company raised a sum of Rs 500 crore from the primary markets. The stock will hit the bourses, NSE and BSE, around 10 AM today, November 26.