Exato Technologies IPO listing is going to make waves in the stock market, and it’s easy to see why. After an exceptional subscription phase, this IPO has investors buzzing with excitement. The high demand during the subscription period isn’t the only factor driving this frenzy—its robust grey market premium (GMP) has added even more fuel to the fire.
What makes this issue even more compelling is the backing of renowned investor Vijay Kishanlal Kedia, who holds a 4.50% pre-IPO stake in the company. His participation adds credibility and confidence to the offering, reinforcing belief in Exato’s long-term business potential.
How Does GMP Affect Listing Price?
The GMP is a key indicator of investor sentiment before an IPO is listed. It shows the price at which shares are traded in the grey market before the official listing. A positive GMP, where shares are traded above the issue price, signals strong demand and boosts expectations for a higher listing price. However, while GMP offers insight, the actual listing price can still be affected by market conditions and investor sentiment.
Expectations For the Exato Technologies IPO Listing Price?
As of now, the IPO is showing a GMP of around INR 171 per share, which suggests that the Exato Technologies IPO listing gains will be around 121.1% from its upper price band of INR 140. If this trend continues, the stock will debut above INR 311, making it a bumper deal for those who get allotment.
But it’s not all bad news for those who didn’t get the allotment. While the strong GMP indicates Exato Technologies might have a solid start, there’s still a shot for latecomers to jump in on the listing day. Of course, how the market reacts will be key. Some investors might decide to hold off a bit, hoping for a dip in the stock price to grab a better entry point later. It’s a game of timing, and for those on the sidelines, the opportunity might just be around the corner.
Exato Technologies IPO – Bidding Insights
Exato Technologies’ IPO turned heads as it drew bids of approximately INR 32,628.97 crore for an entirely fresh issue of INR 37.45 crore. The response was extraordinary, with the issue getting subscribed to a jaw-dropping 947.14 times. Investors, particularly in the non-institutional category, came out in full force, oversubscribing their portion by an incredible 1,489.06 times. This IPO struck a chord with savvy market participants. The company is now gearing up for a big moment as its shares are ready to debut on the BSE SME platform. It’s a milestone that underscores the growing confidence in young, ambitious enterprises carving out their space in India’s markets.
Exato Technologies IPO Listing Date and Price Band
- Price Band: The shares were offered in a price band of INR 133 – 140 per share, with a minimum application of 2,000 shares, requiring an investment of at least INR 2,80,000.
- Listing Date: Shares are expected to commence trading on 5 December 2025.
- Use of Proceeds: The company plans to utilise the Net Proceeds as follows: INR 15.73 crore for funding the working capital requirements of the company and INR 6.80 crore for Investment in Product Development, and INR 2.53 crore for repayment/prepayment of all or certain of the borrowings availed of by the company. The remaining amount will be used for General Corporate Purposes.
Business Overview
Exato Technologies is a customer transformation partner that delivers CX, analytics, and cloud‑driven solutions to over 150 clients, including large ET500 enterprises, with a strong focus on long‑term contracts and recurring revenue.
Exato Technologies has shown steady revenue growth over the last 2–3 years, rising from INR 72.76 crore in FY 2023 to INR 124.23 crore in FY 2025, a roughly 71% increase. Profit after tax (PAT) performed even better, growing from INR 5.06 crore to INR 9.75 crore over the same period, marking about 93% growth. EBITDA margin also improved, expanding from 8.36% in FY 2023 to 12.64% in FY 2025, signaling better operational efficiency and margin expansion.
Looking Ahead
Exato Technologies’ blockbuster 947× subscription and triple‑digit GMP underline surging investor confidence in its high‑margin, recurring‑revenue CX and cloud transformation business model.
In the SME segment, activity has remained particularly strong. So far in 2025, 228 SME IPOs have been listed, mobilising INR 10,533.35 crore from the market, with an average listing gain of 12.66%. In comparison, 2024 saw 247 SME IPOs, which together raised INR 9,624.97 crore and delivered a significantly higher average return of 60.26%.
While the number of SME IPOs in 2025 may exceed last year’s tally, the overall return profile has been considerably weaker. Despite robust issuance volumes, SME IPO returns in 2025 have lagged sharply compared to the exceptionally strong performance seen in 2024. For more details related to SEBI IPO Approval and Live Subscription, stay tuned to IPO Central.
Exato Technologies IPO Listing FAQs
What are the Exato Technologies IPO dates?
Exato Technologies IPO subscription commenced on 28 November 2025 and concluded on 2 December 2025.
When is the Exato Technologies PO listing expected?
Exato Technologies IPO will be listed on 5 December 2025, on the BSE SME stock exchange.
Can we buy an IPO on the listing date?
You can place a buy order at a desired price for the IPO shares on the listing day after 10 AM.