Excelsoft Technologies Limited has made an initial public offering of equity shares aggregating to ₹500 crore, comprising a fresh issue of equity shares aggregating to ₹180 crore and an offer for sale by Promoter Selling Shareholder for ₹320 crore.
ALMT Legal, Bangalore advised and acted for Excelsoft Technologies on this IPO.
The transaction team was led by S. Arun (Senior Partner), Rajat Bopaiah (Senior Partner), Souvik Paul Mazumdar (Senior Partner) and consisted of Natasha Ponnappa (Principal Associate), Nikhil Krishna (Associate), Gunjan S. Jain (Associate), Danika A. Joplin (Associate), Devavrathan. S (Associate) and Nehal Pratap (Associate).
Excelsoft Technologies Limited is a global vertical SaaS company specialising in the learning and assessment market. The company provide technology-based solutions across diverse learning and assessment segments through our cloud-based platforms.
The IPO was subscribed over 45 times.
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