Description

Lock-in details for equity shares of Excelsoft Technologies Limited listing on BSE, including distinctive numbers, lock-in periods, and security types.

Summary

BSE has issued lock-in details for the listing of equity shares of Excelsoft Technologies Limited (formerly Excelsoft Technologies Private Limited). The circular provides comprehensive information on 11,50,84,164 equity shares with varying lock-in periods ranging from 1 month to 3 years, including promoter shares, IPO public shares, and ESOP shares.

Key Points

  • Company CIN: U72900KA2000PLC027256
  • Registered Office: 1-B, Hootagalli Industrial Area, Mysuru – 570 018, Karnataka
  • Total equity shares detailed: 11,50,84,164 shares
  • Multiple categories of shares: Promoter locked-in shares, IPO public shares, and ESOP shares
  • Lock-in periods vary from no lock-in (ESOP) to 3 years for certain promoter holdings
  • Shares available in both Demat and Physical form
  • Distinctive numbers range from 1 to 11,50,84,164

Regulatory Changes

No regulatory changes announced. This is a standard listing circular providing lock-in details as per SEBI IPO regulations.

Compliance Requirements

  • Promoter shares subject to mandatory lock-in periods as per SEBI guidelines
  • Lock-in shares marked distinctively with specific distinctive number ranges
  • Shares held in both Demat and Physical form must comply with respective lock-in restrictions
  • ESOP shares not subject to lock-in restrictions

Important Dates

  • Lock-in Start Date (Promoter Shares - 1 year): November 24, 2025 to November 25, 2026
  • Lock-in Start Date (Promoter Shares - 1 month): November 24, 2025 to December 23, 2025
  • Lock-in Start Date (Promoter Shares - 3 months): November 24, 2025 to February 21, 2026
  • Lock-in Start Date (Promoter Shares - 3 years): November 24, 2025 to November 25, 2028
  • ESOP Shares: No lock-in applicable
  • IPO Public Shares: No lock-in applicable

Impact Assessment

Market Impact: Medium - New technology company listing adds to BSE’s IT sector offerings. The substantial number of locked-in shares (approximately 8.22 crore shares under various lock-in periods) will limit immediate free float.

Liquidity Impact: The lock-in structure ensures controlled supply of shares in the market over different time periods. ESOP and IPO public shares (approximately 3.28 crore shares) are immediately tradable, providing initial liquidity.

Investor Impact: Investors should note the lock-in schedules when assessing available float. The staggered lock-in expiry dates (1 month, 3 months, 1 year, and 3 years) will gradually increase tradable supply.

Company Profile: Excelsoft Technologies Limited is an education technology company with offices in Mysuru, Noida, and Hyderabad, operating in the software development sector (CIN indicates software publishing activities).

Impact Justification

New equity listing with detailed lock-in schedules affecting promoter holdings and ESOP shares; moderate market impact as a new technology company listing