02 Dec 2025

ALMT Legal Bangalore Advises Excelsoft Technologies on ₹500 Crore IPO

"ALMT Legal, Bangalore advised Excelsoft Technologies Limited on its ₹500 crore initial public offering, comprising a ₹180 crore fresh issue and a ₹320 crore offer for sale. Excelsoft, a global vertical SaaS company in the learning and assessment market, saw the IPO subscribed over 45 times."

ALMT Legal, Bangalore represented Excelsoft Technologies Limited in its initial public offering. The IPO aggregated to ₹500 crore, comprising a fresh issue of equity shares aggregating to ₹180 crore and an offer for sale by the promoter selling shareholder for ₹320 crore. Excelsoft Technologies Limited is a global vertical SaaS company specialising in the learning and assessment market and provides technology-based solutions across diverse learning and assessment segments through cloud‑based platforms. The offering was subscribed over 45 times. ALMT Legal, Bangalore represented Excelsoft Technologies Limited with a team composed by: S. Arun (Senior Partner), Rajat Bopaiah (Senior Partner), Souvik Paul Mazumdar (Senior Partner), Natasha Ponnappa (Principal Associate), Nikhil Krishna (Associate), Gunjan S. Jain (Associate), Danika A. Joplin (Associate), Devavrathan S (Associate) and Nehal Pratap (Associate).
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