
ESDS Software Solution
OPENIPO Date: 28 Aug - 1 Sept 2026
Listing Date: 4 Sept 2026
Price Range
Rs.408 - Rs.429
Issue Size
720 Cr
Min Investment
₹13,872
Lot Size
34 Shares
Schedule of ESDS Software Solution
Issue open date
28 Aug 2026
Issue close date
1 Sept 2026
UPI mandate deadline
1 Sept 2026 (5 PM)
Allotment finalization
2 Sept 2026
Share credit
3 Sept 2026
Listing date
4 Sept 2026
Mandate end date
16 Sept 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 720 Cr |
| Fresh Issue | 720 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 2 Sept 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 30 Aug 2026 | ₹429 | ₹342 | ₹771 (79.72%) |
| 29 Aug 2026 | ₹429 | ₹372 | ₹801 (86.71%) |
| 27 Aug 2026 | ₹429 | ₹325 | ₹754 (75.76%) |
| 26 Aug 2026 | ₹429 | ₹365 | ₹794 (85.08%) |
| 25 Aug 2026 | ₹429 | ₹275 | ₹704 (64.1%) |
Performance ESDS Software Solution
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.408 - Rs.429 | .... | .... | .... |
About ESDS Software Solution
ESDS Software Solution is an artificial intelligence (AI)-enabled cloud, managed services, data centre infrastructure, and software solutions provider in India. Its offerings include infrastructure-as-a-service (IaaS), managed services, and software-as-a-service (SaaS). The IaaS portfolio includes colocation and data centre services, public, private, virtual private, hybrid, and community cloud services, cloud computing, and GPU-as-a-Service (GPUaaS). Its managed services include cloud and data centre management, cybersecurity and compliance, IT infrastructure and network management, backup and disaster recovery, database management, DevOps, and automation services. The company operates five data centres in Nashik, Navi Mumbai, Bengaluru, Mohali, and Noida, covering an aggregate area of over 75,266 square feet. Its SaaS portfolio includes data centre management and monitoring software, vulnerability scanners, web access firewalls, and virtual private network (VPN) solutions. The company also provides services to banking, financial services, and insurance (BFSI) companies, government entities, and enterprises. Use of proceeds: This is a fresh issue of shares. Therefore, the net proceeds from the fresh issue will go to the company. They will be utilised for the following purposes: Purchase and installation of cloud computing and other equipment and infrastructure for relevant data centres – Rs 576 crore General corporate purposes
| Founded in | 2005 |
| Managing director | Mr Piyush Somani |
| Parent organization |
Financial Overview
Strengths
- Comprehensive and diversified portfolio of cloud infrastructure, software, and managed services.
- Ability to innovate and adapt to new technological changes and evolving industry standards.
- Strong focus on providing holistic solutions for clients’ complete cloud data requirements.
- Diversified offerings include public, private, hybrid, and community cloud services.
- Expanding portfolio of SaaS offerings like vulnerability scanners and web access firewalls.
Risks
- Failure to innovate in response to rapid technological changes could adversely affect the business.
- The business is subject to evolving industry standards and changing customer demands.
- Significant investments in new technologies may not be successful.
- Inability to increase customer adoption of the platform could hinder future success.
- The industry is characterized by frequent new service introductions, leading to high competition.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 0.01 |
| Non-Institutional Investors (NIIs) | 3.7 |
| Retail Individual Investors (RIIs) | 2.84 |
| Employee | N/A |
| Total | 2.21 |