Excelsoft Technologies Ltd Logo

Excelsoft Technologies Ltd IPO

BSELot: 125

LISTEDMAINBOARD
Issue Price120
Listing135
Current71.4
Price Band
114 - ₹120
Lot Size
125
Issue Size
₹500 Cr
GMP
0
Subscription
1.56x

IPO Schedule

1
Open
19 Nov
2
Close
21 Nov
3
Allotment
24 Nov
4
Listing
26 Nov

About Excelsoft Technologies Ltd

Excelsoft Technologies Ltd is a technology company specializing in e-learning and digital transformation solutions. They provide a range of services including content development, learning management systems, and custom software development tailored to the education and corporate sectors.

Subscription Status

QIB
0.01x
NII
2.60x
Retail
2.01x
CategoryDay 3Day 2Day 1
QIB50.06x0.09x0.01x
NII107.04x19.23x2.60x
Retail16.44x6.34x2.01x
Total45.46x7.32x1.56x

Risk Factors

Intense competition from other established and emerging players in the e-learning market.
Dependence on key clients and potential loss of these clients could impact revenue.
Rapid technological changes in the e-learning industry could render current solutions obsolete.
Fluctuations in currency exchange rates could affect profitability, especially if a significant portion of revenue is generated from international clients.

Promoters & Management

The management team includes Dhananjaya Sudhanva, the Chairman & Managing Director, who has over 32 years of experience in IT and holds degrees in engineering and management. Shruthi Sudhanva, the Whole-Time Director, has over 10 years of experience in quality assurance, strategy, and presales and holds degrees in computer science. Subramaniam Ravi is the Chief Financial Officer, with over 22 years of experience and qualifications in commerce and accounting. Venkatesh Dayananda is the Company Secretary & Compliance Officer, with over 20 years of experience and qualifications in commerce and company secretarial practice. Key senior management also includes Jambardi Ramanna Maheshkumar (Chief Operating Officer), Prashanth H M (Head - Strategy & HR), and Ajay Ramesh Kulkarni (Head - Business Development).