Mysuru: The Excelsoft Technologies IPO is scheduled to open on Wednesday, November 19, 2025, with the company announcing a price band of ₹114 to ₹120 per equity share of face value ₹10 each.
The Anchor Investor bidding is set for Tuesday, November 18, 2025, followed by the Bid/Offer closing on Friday, November 21, 2025.
Excelsoft Technologies IPO: Price Band and Bidding Details
The Excelsoft Technologies IPO will accept bids for a minimum of 125 equity shares and in multiples of 125 thereafter. The issue comprises a Fresh Issue aggregating up to ₹1,800 million and an Offer for Sale worth ₹3,200 million by Pedanta Technologies Private Limited.
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Excelsoft Technologies IPO: Structure and Allocation Framework
The Excelsoft Technologies IPO will be conducted through the Book Building Process in accordance with Rule 19(2)(b) of the SCRR and SEBI ICDR Regulations.
Not more than 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), with up to 60% of the QIB portion available for Anchor Investors on a discretionary basis, including a mandatory allocation of one-third to domestic Mutual Funds.
If the Anchor Investor portion remains undersubscribed or unallocated, the balance shares will be transferred to the Net QIB portion. Furthermore, 5% of the Net QIB portion will be reserved exclusively for Mutual Funds, with the remaining shares allotted proportionately to all QIB bidders.
Additionally, at least 15% of the offer will be reserved for Non-Institutional Bidders, split into two sub-categories based on application size:
- One-third for bids exceeding ₹0.20 million and up to ₹1 million
- Two-thirds for bids exceeding ₹1 million
- At least 35% of the offer will be allocated to Retail Individual Bidders, subject to valid bids at or above the offer price.
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Excelsoft Technologies IPO: Application and Listing Plans
All bidders – except Anchor Investors – must participate through the ASBA (Application Supported by Blocked Amount) mechanism by providing their ASBA account details or UPI ID as applicable. Anchor Investors cannot participate through ASBA.
The company’s equity shares are proposed to be listed on both BSE Limited and the National Stock Exchange of India Limited.
The Red Herring Prospectus dated November 11, 2025, is available for reference on the merchant banking website.
