Excelsoft Technologies Limited will launch its Initial Public Offering (IPO) on Wednesday, November 19, 2025, with the issue closing on Friday, November 21, 2025. The Anchor Investor bidding will open a day earlier, on Tuesday, November 18, 2025. The price band for the IPO has been set at ₹114–₹120 per equity share of face value ₹10 each. Investors can bid for a minimum of 125 equity shares and in multiples thereafter.
The IPO comprises a Fresh Issue of ₹1,800 million and an Offer for Sale of ₹3,200 million by Pedanta Technologies Private Limited, the selling shareholder. The offer will be made through the Book Building Process, in compliance with SEBI ICDR Regulations, Rule 19(2)(b) of SCRR, and Regulation 31.
As per SEBI guidelines, not more than 50% of the offer will be available for Qualified Institutional Buyers (QIBs), which includes an Anchor Investor Portion of up to 60% of the QIB category. At least one-third of this will be reserved for domestic mutual funds. Further, 15% of the offer will be available for Non-Institutional Investors (NIIs)—divided into two sub-categories—and 35% will be reserved for Retail Individual Investors (RIIs).
All bidders (except Anchor Investors) must apply through the ASBA process using their respective bank accounts or UPI IDs, while Anchor Investors will bid separately. The company’s equity shares are proposed to be listed on BSE and NSE, with Anand Rathi Advisors Limited acting as the sole Book Running Lead Manager. The Red Herring Prospectus (RHP) dated November 11, 2025, is available here.
