ESDS Software Solution
04 Sep '26MAINBOARD
Min. Investment
₹13,872
Issue size
₹720 Cr
GMP
Locked
Overall subscription: 1.86x
Expert verdict
IPO dates
28 Aug
Opening
01 Sep
Closing
02 Sep
Allotment
04 Sep
Listing
*Refunds will be initiated on 03 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,586 |
| HNI (Min) | 14 | 476 | ₹2,04,204 |
Subscription (as on 28 August 2026, 04:30 PM)
Overall1.86x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2005|MD: Mr Piyush Somani
- 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
Issue Details & Objective
Lot size
34 Shares
Price band
₹408 to 429
Face value
₹1 per share
Financials
IPO reservation
Anchor investor - 30.00%
QIB - 20.00%
HNI - 15.00%
Retail - 35.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of ESDS Software Solution IPO is ₹720 Cr
The ESDS Software Solution IPO will be open for applications from 28 Aug '26 to 01 Sep '26
The lot size of ESDS Software Solution IPO is 34 Shares and its minimum investment amount is ₹13,872.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for ESDS Software Solution IPO is null
