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( As on 14/11/2025 07:05)

Excelsoft Technologi announces launch of initial public offering

Excelsoft Technologies Ltd. has announced public offering of 41666666 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 110.00 per share. The gross proceeds of the issue are expected to be Rs 50,000.00 lakhs.

The company's initial public offer (IPO) will open on 19 November 2025 and is expected to close on 21 November 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 114.00-120.00 per share.

The IPO includes a fresh Issue of 41666666 Equity Shares of the Company at an price of Rs 120.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 125 shares with bids in multiples of 125.

Excelsoft Technologies Ltd. anticipates using the proceeds of the issue for .

ANAND RATHI ADVISORS LTD as lead manager & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.