Vijay Kedia-Backed Exato Technologies Limited Announces Opening of IPO on November 28, 2025

DSIJ Intelligence-1 / 26 Nov 2025/ Categories: IPO, IPO Analysis, Mindshare, Trending

Vijay Kedia-Backed Exato Technologies Limited Announces Opening of IPO on November 28, 2025

The equity shares offered through this IPO are proposed to be listed on the SME Platform of BSE Limited, with BSE acting as the designated stock exchange.

Exato Technologies Limited (Exato), a next-generation digital transformation and customer experience technology company, today announced the launch of its Initial Public Offering (IPO). Exato is backed by Ace Investor Mr Vijay Kedia and family, who hold 4.71 per cent equity in the Company. The IPO will comprise a fresh issue of upto 22,75,000 equity shares and an offer for sale of upto 4,00,000 equity shares, aggregating to upto 26,75,000 equity shares of face value Rs 10 each.

Book Running Lead Manager: GYR Capital Advisors Private Limited

IPO Schedule

  • Anchor Book Opens/Closes: Thursday, November 27, 2025
  • IPO Opens: Friday, November 28, 2025
  • IPO Closes: Tuesday, December 02, 2025
  • Tentative Listing: Friday, December 05, 2025, on the BSE SME platform

The price band and minimum bid lot will be announced in due course. The equity shares offered through this IPO are proposed to be listed on the SME Platform of BSE Limited, with BSE acting as the designated stock exchange.

Offer Structure

  • Total Offer: Up to 26,75,000 equity shares
  • Fresh Issue: Up to 22,75,000 equity shares
  • Offer for Sale: Up to 4,00,000 equity shares by promoter Mr Appuorv K Sinha
  • Pre-IPO Placement: 1,75,000 shares completed before issue
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Investor Allocation

  • Not more than 50 per cent for Qualified Institutional Buyers (QIBs)
  • Not less than 35 per cent for Retail Individual Investors
  • Not less than 15 per cent for Non-Institutional Investors
  • Up to 60 per cent of the QIB portion may be allocated to Anchor Investors

Use of IPO Proceeds

The net proceeds of the fresh issue will be used for:

  • Funding the working capital requirements of our company
  • Investment in Product Development
  • Repayment/prepayment of all or certain of our borrowings availed of by our Company
  • General Corporate Purposes

About Exato Technologies Limited

Established in 2016 and headquartered in Noida, Exato Technologies is a high-growth provider of AI-driven digital transformation, customer experience automation, omnichannel communication platforms and cloud-based infrastructure solutions. The company serves more than 150 clients across 10+ countries and has a strong presence in BFSI, Telecom, IT/ITeS, Healthcare, Retail and Manufacturing sectors. With a global delivery capability, Exato continues to scale its presence across India, the United States and Singapore. Exato currently reports a robust Order Book of Rs 515 crore as of October 31, 2025 and has a balanced mix of recurring service revenues and perpetual software and hardware income.

Disclaimer: The article is for informational purposes only and not investment advice.