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Excelsoft Technologies announces ₹500 crore IPO opening November 19 with SaaS growth focus
Excelsoft Technologies’ ₹500 crore IPO opens November 19 to fund R&D and expansion, supported by 32% FY25 profit growth.
Excelsoft Technologies confirmed its ₹500 crore initial public offering will open on November 19, 2025. The Mysuru-based SaaS provider plans to utilize funds for R&D, cloud infrastructure, and global market expansion. The company’s FY25 revenue stood at ₹1,240 crore with net profit of ₹186 crore, representing 32% growth year-on-year. Retail investor quota is fixed at 35%, and institutional allocation accounts for 50%.
Brokerages rated the IPO ‘subscribe’ citing consistent profitability and strong presence in education and enterprise technology solutions segments.