About
Exato Technologies IPO is a book build issue of ₹37.45 crores. The issue is a combination of fresh issue of 0.23 crore shares aggregating to ₹31.85 crores and offer for sale of 0.04 crore shares aggregating to ₹5.60 crores.
Exato Technologies IPO bidding started from Nov 28, 2025 and ended on Dec 2, 2025. The allotment for Exato Technologies IPO was finalized on Dec 3, 2025. Exato Technologies IPO will list on BSE SME with a tentative listing date fixed as Dec 5, 2025.
Exato Technologies IPO price band is set at ₹140.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,80,000.00 (2,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,000 shares), amounting to ₹4,20,000.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Exato Technologies IPO RHP for detailed Information.
IPO Stock Quote & Charts
IPO Open
Fri, Nov 28, 2025
IPO Close
Tue, Dec 2, 2025
Issue Price
₹140 per share
Market Cap (Pre-IPO)
₹140.92 Cr
IPO Details
| IPO Date | 28 Nov to 2 Dec, 2025 |
| Listed on | Fri, Dec 5, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹133 to ₹140 |
| Issue Price | ₹140 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 26,75,000 shares (agg. up to ₹37 Cr) |
| Reserved for Market Maker | 1,34,000 shares (agg. up to ₹2 Cr) Giriraj Stock Broking Pvt.Ltd. |
| Fresh Issue | (Ex Market Maker)21,41,000 shares (agg. up to ₹30 Cr) |
| Offer for Sale | 4,00,000 shares of ₹10 (agg. up to ₹6 Cr) |
| Net Offered to Public | 25,41,000 shares (agg. up to ₹36 Cr) |
| Share Holding Pre Issue | 77,90,371 shares |
| Share Holding Post Issue | 1,00,65,371 shares |
| BSE Script Code | 544626 |
| ISIN | INE1E4401010 |
IPO Timetable (Tentative)
- IPO OpenFri, Nov 28, 2025
- IPO CloseTue, Dec 2, 2025
- AllotmentWed, Dec 3, 2025
- RefundThu, Dec 4, 2025
- Credit of SharesThu, Dec 4, 2025
- ListingFri, Dec 5, 2025
IPO Reservation
Exato Technologies IPO offers total 26,75,000 shares. Out of which 12,69,000 (47.44%) allocated to QIB, 5,08,000 (18.99%) allocated to QIB (Ex- Anchor), 3,82,000 (14.28%) allocated to
NII
8,90,000 (33.27%) allocated to RII and 7,61,000 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,34,000 (5.01%) |
| QIB Shares Offered | 12,69,000 (47.44%) |
| − Anchor Investor Shares Offered | 7,61,000 (28.45%) |
| − QIB (Ex. Anchor) Shares Offered | 5,08,000 (18.99%) |
| NII (HNI) Shares Offered | 3,82,000 (14.28%) |
| − bNII > ₹10L | 2,54,000 (9.50%) |
| − sNII < ₹10L | 1,28,000 (4.79%) |
| Retail Shares Offered | 8,90,000 (33.27%) |
| Total Shares Offered | 26,75,000 (100.00%) |
IPO Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,80,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,80,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,20,000 |
S-HNI (Max) | 7 | 7,000 | ₹9,80,000 |
B-HNI (Min) | 8 | 8,000 | ₹11,20,000 |
IPO Anchor Investors
Exato Technologies IPO raises ₹10.65 crore from anchor investors. Exato Technologies IPO Anchor bid date is November 27, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Nov 27, 2025 |
| Shares Offered | 7,61,000 |
| Anchor Portion (₹ Cr.) | 10.65 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Jan 2, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Mar 3, 2026 |
About Exato Technologies Ltd.
Incorporated in 2016, Exato Technologies Limited is a customer transformation partner providing technology-driven solutions that enhance customer engagement and operational efficiency.
The company offers broad range of services including CX and Analytics, Unified Communications and Infrastructure, and Exato IQ. It serves key sectors such as Banking, Financial Services and Insurance (BFSI), Healthcare, Retail, Telecom, Manufacturing, and IT/ITeS & BPO/KPO.
Exato Technologies develops intelligent and scalable solutions leveraging artificial intelligence (AI), automation, and cloud platforms to deliver smarter and faster customer service.
The company operates with a team of over 60 engineers in India and serves both domestic and international clients, including in the USA and Singapore, through global delivery partnerships.
The company works with prominent clients such as MakeMyTrip, RBL Bank, IGT Solutions Pvt. Ltd., IKS, and WNS, delivering customer experience solutions that are scalable, resilient, and outcome-driven.
Services Offerings:
- CX & Analytics: The Customer Experience (CX) & Analytics Business Unit is dedicated to helping enterprises unlock growth by delivering seamless customer journeys and actionable intelligence.
- Conversational AI- Conversations That Feel Right: design, build, and operate agent-less contact center solutions that enhance chatbot self-sufficiency, improve user experience, and lower costs.
- Automation as a Service Work Smarter, Not Harder: They accelerate ordinary activities with cutting-edge automation techniques such as Robotic Process Automation (RPA). Whether automating finance, human resources, or customer workflows, they provide strategy, proof-of-concept, implementation, and continuing support to improve accuracy, productivity and business agility.
- Workforce Management- Smarter Scheduling, Happier Teams: The products improve the way teams are scheduled, predicted, and managed, with comprehensive visibility into shifts, tasks and performance metrics, the customers can operate smoother operations, manage staffing more effectively, and increase worker satisfaction.
As of 31st October 2025, the company has 133 permanent employees.
Competitive Strengths:
- Integrated Solutions: End-to-end services in AI, Automation, CXaaS & Cybersecurity.
- Strong Partnerships: NICE Platinum Partner; tie-ups with Mitel, UiPath, Autonom8.
- Long-Term ARR: 40%+ revenue from 5+ year contracts.
- Domain Expertise: BFSI, healthcare, retail, telecom, IT/ITeS, manufacturing.
- Experienced Leadership: Global CXO-level background (NICE, Wipro).
Company Financials (Restated Consolidated)
Exato Technologies Ltd.’s revenue increased by 10% and profit after tax (PAT) rose by 84% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 99.22 | 95.16 | 54.48 | 34.51 |
| Total Income | 71.53 | 126.16 | 114.91 | 73.13 |
| Profit After Tax | 7.26 | 9.75 | 5.31 | 5.06 |
| EBITDA | 11.46 | 15.95 | 9.07 | 6.12 |
| Reserves and Surplus | 41.96 | 42.29 | 26.99 | 21.69 |
| Total Borrowing | 27.98 | 31.63 | 16.52 | 6.21 |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the company; | 15.73 |
| 2 | Investment in Product Development | 6.80 |
| 3 | Repayment/prepayment of all or certain of the borrowings availed of by the Company; and | 2.53 |
| 4 | General Corporate Purposes | 4.68 |
Key Performance Indicator (KPI)
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 28.13% |
| ROCE | 26.38% |
| Debt/Equity | 0.75 |
| RoNW | 23.03% |
| PAT Margin | 7.85% |
| EBITDA Margin | 12.64% |
| Price to Book Value | 2.52 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 12.51 | 14.43 |
| P/E (x) | 11.19 | 9.7 |
| Promoter Holding | 75.85% | 54.73% |
- The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2025 available in RHP.
IPO Review
Exato Technologies IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 0 |
Exato Technologies IPO Subscription Status (Bidding Detail)
The Exato Technologies IPO is subscribed 947.21 times on December 2, 2025 6:19:34 PM (Day 3). The public issue subscribed 1,068.74 times in the individual investors category, 327.08 times in the QIB category, and 1,488.72 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category |
Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 327.08 | 5,08,000 | 16,61,59,000 | 0 |
| NII* | 1,488.72 | 3,82,000 | 56,86,90,000 | 0 |
| bNII (bids above ₹10L) | 1,716.64 | 2,54,000 | 43,60,26,000 | |
| sNII (bids below ₹10L) | 1,036.44 | 1,28,000 | 13,26,64,000 | |
| Individual Investor | 1,068.74 | 8,90,000 | 95,11,80,000 | 0 |
| Total | 947.21 | 17,80,000 | 1,68,60,29,000 | 5,68,769 |
Total Application : 5,68,769
*Market Maker portion is not included to NII/HNI.
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.00 |
| 2 | Underwriting Fees | 0.00 |
| 3 | Fees payable to the Market maker to the offer | 0.00 |
| 4 | Fees payable to the Registrar to the offer | 0.00 |
| 5 | Fees payable for Advertising and Publishing Expense | 0.00 |
| 6 | Fees payable to Regulators including Stock Exchange & Depositories | 0.00 |
| 7 | Payment for Printing & Stationary, Postage etc | |
| 8 | Fees payable to statutory auditors, Legal Advisors, other Professionals, & Consultants etc | 0.00 |
| 9 | Other Expense including bankers to the issue and other misc. expenses | 0.00 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹140.00 |
| Open | ₹266.00 |
| Low | ₹266.00 |
| High | ₹279.30 |
| Last Trade | ₹279.30 |
Check IPO Performance…
IPO Registrar
Kfin Technologies Ltd.
- 04067162222, 04079611000
- exato.ipo@kfintech.com
- Visit Website
IPO Lead Manager(s)
- GYR Capital Advisors Pvt.Ltd. (Past IPO Performance)
Lead Manager Reports
- Lead Manager Performance Summary
- Lead Manager Performance Tracker
Contact Details
IPO FAQs
What is the Exato Technologies IPO?
Exato Technologies IPO is a SME IPO of 26,75,000 equity shares of the face value of ₹10 aggregating up to ₹37 Crores. The issue is priced at ₹140 per share. The minimum order quantity is 1000.
The IPO opens on Fri, Nov 28, 2025, and closes on Tue, Dec 2, 2025.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
How to apply in Exato Technologies IPO through Zerodha?
Zerodha customers can apply online in Exato Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Exato Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Exato Technologies IPO through Zerodha
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ‘Exato Technologies IPO‘ row and click the ‘Bid’ button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
When Exato Technologies IPO will open?
The Exato Technologies IPO opens on Fri, Nov 28, 2025 and closes on Tue, Dec 2, 2025.
What is the lot size of Exato Technologies IPO?
Exato Technologies IPO lot size is 1000, and the minimum amount required for application is ₹2,80,000, with 2 lots being the minimum application size.
How to apply for Exato Technologies IPO?
You can apply in Exato Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
When is Exato Technologies IPO allotment?
The finalization of Basis of Allotment for Exato Technologies IPO will be done on Wednesday, December 3, 2025, and the allotted shares will be credited to your demat account by Thu, Dec 4, 2025. Check the Exato Technologies IPO allotment status.
When is Exato Technologies IPO listing date ?
The Exato Technologies IPO listing date is on Fri, Dec 5, 2025.
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