Trading
Excelsoft explodes on market debut! Shares shoot up nearly 19% after premium listing
Mumbai/IBNS: Shares of Excelsoft Technologies Ltd. registered a strong debut on Wednesday, posting healthy gains shortly after listing, media reports said.
The stock opened at ₹135, a 12.5% premium over the issue price of ₹120. Following the listing, the shares climbed further, rising nearly 19% to touch ₹142.59 per share.
The company’s ₹500-crore initial public offering (IPO)—from the global vertical SaaS firm specialising in digital learning, assessment, and ed-tech platforms—was open for subscription from November 19 to 21.
Shares were offered to investors in a price band of ₹114–120, and the allotment was completed on November 24 for eligible applicants.
Financial Performance (FY25 vs prior years)
- Total income (FY25): ₹ 248.80 crore (up from ₹ ~200.70 crore in FY24)
- Profit after tax (PAT, FY25): ₹ 34.69 crore (vs ₹ 12.75 crore in FY24 and ₹ 22.41 crore in FY23) — showing a strong rebound.
- Net worth has increased — and company debt/borrowings have reportedly come down significantly by FY25.
What Makes Excelsoft Interesting — Especially Now
- Its recent IPO and stock market debut make it a fresh — and now public — entity in India’s ed-tech / SaaS landscape, offering a transparent window into operations & financials.
- Given global trends: increasing demand for remote learning, online certification, digital assessments — Excelsoft’s specialized SaaS solutions are well-placed to benefit.
- Its diversified global presence reduces dependency on any single geography, and long-term institutional clients suggest stable recurring business rather than one-off projects.
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