Excelsoft Technologies
Excelsoft Technologies Limited: Initial public offering to open on November 19
Excelsoft Technologies Limited (the “Company”) proposes to open an initial public offering of its Equity Shares of face value of ₹10 each (“Equity Shares”) on Wednesday, November 19, 2025.
The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Tuesday, November 18, 2025.
The Bid/ Offer Closing Date is Friday, November 21, 2025.
The Price Band of the Offer has been fixed from ₹ 114 per Equity Share of face value ₹10 each to ₹ 120 per Equity Share of face value ₹10 each. Bids can be made for a minimum of 125 Equity Shares of face value ₹10 each and multiples of 125 Equity Shares of face value ₹10 each thereafter.
The Initial Public Offering comprises of a Fresh Issue of Equity Shares aggregating up to ₹1,800 million and an Offer for Sale of Equity Shares aggregating up to ₹3,200 million by Pedanta Technologies Private Limited (the Selling Shareholder).
In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares each shall be added to the Net QIB Portion.
Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders, including Mutual Funds, subject to valid Bids being received at or above the Offer Price. However, if the aggregate demand from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares available for allocation in the Mutual Fund Portion will be added to the remaining QIB Portion for proportionate allocation to QIBs.
Further, not less than 15% of the Offer shall be available for allocation to Non-Institutional Bidders out of which (a) one third of such portion shall be reserved for applicants with application size of more than ₹ 0.20 Million and up to ₹ 1.00 Million; and (b) two third of such portion shall be reserved for applicants with application size of more than ₹ 1.00 Million, provided that the unsubscribed portion in either of such sub-categories may be allocated to applicants in the other sub-category of non-institutional investors and not less than 35% of Offer shall be available for allocation to Retail Individual Bidders (“RIBs”) in accordance with the SEBI ICDR Regulations, subject to valid Bids being received from them at or above the Offer Price.
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