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Exato Technologies SME IPO

Exato Technologies came to market through an SME IPO that opened on 28 November 2025 and closed on 2 December 2025, and the shares listed on 5 December 2025 on BSE SME. The price band was ₹133 to ₹140 per share and one lot was 1000 shares, so the minimum application was ₹1,40,000. The issue size was ₹37.45 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.

Kfin Technologies Limited was the registrar to the issue, and GYR Capital Advisors Pvt Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹133 to ₹140
Lot size
1000 shares
Minimum investment
₹1,40,000
Face value
₹10 per share
Issue size
₹37.45 crore
Fresh issue
22,75,000 shares (aggregating up to ₹31.85 crore)
Offer for sale
4,00,000 shares (aggregating up to ₹5.6 crore)
Listing at
BSE SME
Registrar
Kfin Technologies Limited
Lead managers
GYR Capital Advisors Pvt Ltd

Timeline

Opens
28 November 2025
Closes
2 December 2025
Allotment
3 December 2025
Listing
5 December 2025

Subscription status by day

As of 2 December 2025.

Day
1
2
3

About Exato Technologies

Incorporated in 2016, Exato Technologies Limited is a customer transformation partner providing technology-driven solutions to enhance the customer engagement and operational efficiency of businesses. Built around CXaaS and AI-as-a-Service, the company's offerings focus on enhancing how businesses serve and communicate with their consumers.

Exato Technologies develops intelligent, scalable solutions leveraging artificial intelligence, automation, and cloud platforms that deliver smarter, faster customer service.The company operates a team of over 60 engineers in India, catering to both domestic and international clients across markets like the USA and Singapore through global delivery partnerships. Technology collaborations with NICE Ltd., Acumatica, and Mitel further support Exato Technologies in offering integrated solutions on customer experience, ERP, and unified communications.

The company works with renowned clients, including MakeMyTrip, RBL Bank, IGT Solutions Pvt. Ltd., IKS, and WNS, bringing customer experience solutions that are scalable, resilient, and outcome-driven. The service portfolio of Exato Technologies includes but is not limited to CX and Analytics, Unified Communications and Infrastructure, and Exato IQ. It serves major industries like Banking, Financial Services and Insurance (BFSI), Healthcare, Retail, Telecom, Manufacturing, and IT/ITeS & BPO/KPO. As of 31st August 2025, the company has 134 permanent employees.

As described in the offer document.

Objects of the issue

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

Financials (₹ crore)

Metric30-Sep-2531-Mar-2531-Mar-2431-Mar-23

Promoters

Mr. Appuorv K Sinha, Mrs. Swati Sinha.

Application sizes

Individual (min)
2 lots, 2000 shares, ₹2,80,000
Individual(max)
2 lots, 2000 shares, ₹2,80,000
sHNI(min)
3 lots, 3000 shares, ₹4,20,000
sHNI(max)
7 lots, 7000 shares, ₹9,80,000
bHNI(min)
8 lots, 8000 shares, ₹11,20,000

Valuation

EPS Pre IPO
₹12.51
EPS Post IPO
₹14.43
P/E Pre IPO
11.19
P/E Post IPO
9.70
ROE
28.13%
ROCE
26.38%
RoNW
23.03%
PAT Margin
7.85%
Debt/Equity
0.75
Price/Book
2.52
Market Cap
₹37.45 cr

Registrar and allotment status

Registrar
Kfin Technologies Limited
Allotment status
https://ipostatus.kfintech.com/
Phone
04067162222, 04079611000
Email
exato.ipo@kfintech.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Exato Technologies SME IPO

What is Exato Technologies IPO?

Exato Technologies IPO was a ₹37.45 crore book-built issue, comprising a fresh issue of ₹31.85 crore and an offer for sale of ₹5.6 crore. It was priced at ₹133–₹140 per share with a lot size of 1,000 shares; the minimum retail application was 2,000 shares (₹2,80,000). The IPO was open from November 28 to December 2, 2025 and was subscribed 947.28x.

Shares listed on BSE SME on December 5, 2025 at ₹266, a 90.0% premium to the issue price of ₹140. Kfin Technologies Limited is the registrar. GYR Capital Advisors Pvt Ltd is the book running lead manager.

What is the price band of Exato Technologies IPO?

The price band of Exato Technologies IPO is ₹133 to ₹140 per share.

What is the lot size of Exato Technologies IPO?

The lot size of Exato Technologies IPO is 1000 shares.

What is the minimum investment for Exato Technologies IPO?

The minimum investment for Exato Technologies IPO is approximately ₹2,80,000 based on the upper price band.

What is the allotment date of Exato Technologies IPO?

The allotment date of Exato Technologies IPO is Dec 3, 2025.

What was the GMP of Exato Technologies IPO before listing?

Exato Technologies IPO's final recorded GMP before listing was ₹150 per share (a 107% premium over the ₹140 upper price band). The shares listed at ₹266. GMP is unofficial and does not forecast or guarantee the actual listing price.

How to check Exato Technologies IPO allotment status?

You can check Exato Technologies IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Exato Technologies IPO allotment status on Rupix for quick and easy access.

What was the price band of the Exato Technologies SME IPO?

₹133 to ₹140 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Exato Technologies SME IPO?

One lot was 1000 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,40,000. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Exato Technologies SME IPO?

₹1,40,000, for one lot of 1000 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Exato Technologies SME IPO open and close?

It opened on 28 November 2025 and closed on 2 December 2025.

When was the allotment of the Exato Technologies SME IPO?

The basis of allotment was published on 3 December 2025 by Kfin Technologies Limited, and allotted shares were credited to demat accounts before listing.

When did Exato Technologies list on BSE SME?

The shares listed on 5 December 2025 on BSE SME.

How large was the Exato Technologies SME IPO?

The issue size was ₹37.45 crore. The fresh issue was 22,75,000 shares (aggregating up to ₹31.85 crore). The offer for sale was 4,00,000 shares (aggregating up to ₹5.6 crore).