ESDS Software Solution Limited IPO
28 Aug 2026 – 1 Sept 2026
Share Price
- Candle
- 6 Oct
- O
- ₹1,294.3
- H
- ₹1,294.3
- L
- ₹1,294.3
- C
- ₹1,294.3
21 trading days since listing · NSE end-of-day prices
Issue Details
- Price Band
- ₹408 – ₹429
- Lot Size
- 34 shares
- Min Investment
- ₹14,586 (1 lot · 34 shares)
- Face Value
- ₹1
- Issue Size
- Initial Public offer comprising Fresh issue of aggregating up to Rs. 7200 million (including Anchor Investor portion of 50,34,964 Equity Shares)
- Registrar
- MUFG Intime India Private Limited ↗
Timetable
GMP History
Latest GMP ₹247 · Last updated 7 Oct 2026, 11:51 am IST
| Date | GMP | GMP % | Change | Est. Listing | Updated (IST) |
|---|---|---|---|---|---|
| 2 Sept | ₹245 | +57.1% | −₹20 | ₹674 | |
| 1 Sept | ₹265 | +61.8% | −₹45 | ₹694 | |
| 31 Aug | ₹310 | +72.3% | −₹32 | ₹739 | |
| 30 Aug | ₹342 | +79.7% | −₹30 | ₹771 | |
| 29 Aug | ₹372 | +86.7% | +₹27 | ₹801 | |
| 28 Aug | ₹345 | +80.4% | −₹10 | ₹774 | |
| 27 Aug | ₹355 | +82.8% | +₹5 | ₹784 | |
| 26 Aug | ₹350 | +81.6% | — | ₹779 |
Subscription
Day-wise subscription
| Date | QIB | NII / HNI | Retail | Total |
|---|---|---|---|---|
| 1 Sept | — | — | — | 96.10x |
| 31 Aug | 0.72x | 69.73x | 18.68x | 24.49x |
| 30 Aug | 0.01x | 3.51x | 2.69x | 2.10x |
| 29 Aug | 0.01x | 3.51x | 2.69x | 2.10x |
| 28 Aug | 0.01x | 3.51x | 2.69x | 2.10x |
Financials
All values in ₹ crore
About ESDS Software Solution
Incorporated in 2005, ESDS Software is a leading managed cloud service and end-to-end multi-cloud requirements provider in India. The company provides one-stop solutions to its customers for cloud adoption. The company's offerings can be divided into - Cloud Computing Infrastructure as a Service (IaaS), which includes the company's patented vertically auto-scalable cloud technology platform, 'eNlight Cloud' Software as a Service (SaaS), and Managed Services. ESDS Software offers products across diversified industries including government ministries & companies and corporate entities across sectors such as BFSI, manufacturing, IT and ITES, telecom, real estate, pharmaceuticals, retail, and education and in several countries across the APAC region, Europe, Middle East, the Americas, and Africa. The company operates its business through 3 data centres in India, one each in Navi Mumbai, Nashik, and Bengaluru. The data centres cover an aggregate area of over 50,000 sq. feet and are connected on a 10 Gbps backbone network. Competitive Strengths: "One stop shop" for customer's cloud adoption A robust and scalable business model with multiple levels of growth Innovative billing solutions for customers One of the leading cloud service providers of India Experienced senior management
As published in the company's own offer documents.
Strengths
- "One stop shop" for customer's cloud adoption
- A robust and scalable business model with multiple levels of growth
- Innovative billing solutions for customers
- One of the leading cloud service providers of India
- Experienced senior management
As stated by the company in its prospectus — not our assessment.
The company's own risk factors are not shown here. They run to dozens of pages in the Red Herring Prospectus, under “Risk Factors”, and are worth the read before applying.
Lead Managers
- DAM Capital Advisors Limited
- Systematix Corporate Services Limited
Offer details
Application sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min)one lot, the smallest bid allowed | 1 | 34 | ₹14,586 |
| Retail (max)most that stays under ₹2L | 13 | 442 | ₹1,89,618 |
| S-HNI (min)first bid over ₹2L | 14 | 476 | ₹2,04,204 |
| S-HNI (max)most that stays under ₹10L | 68 | 2,312 | ₹9,91,848 |
| B-HNI (min)first bid over ₹10L | 69 | 2,346 | ₹10,06,434 |
Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.
Issue mechanics
- Issue Type
- Book Building
- Categories
- FI, IC, MF, FII, OTH, CO, IND, and NOH
- Max Bid (Retail)
- Rs. 2,00,000
- Tick Size
- Re. 1
- Bidding Hours
- 10.00 a.m. to 5.00 p.m.
- UPI Mandate Cut-off
- 01-Sept-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their abilit
- Sponsor Bank
- Axis Bank Limited and ICICI Bank Limited
Registrar
- Name
- MUFG Intime India Private Limited
- Address
- C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai - 400 083, Maharashtra, India
- Contact
- Shanti Gopalkrishnan, +91 8108114949, esdssoftware.ipo@in.mpms.mufg.com
Documents
- Red Herring ProspectusThe full offer documentPDF
- Basis of Issue PriceHow the band was arrived atPDF
- Anchor AllocationWho was allotted before the issue openedPDF
Published by NSE as ZIP archives; opened here as the PDF inside.
Collected from NSE and public sources. Always confirm against the prospectus before applying.
Frequently Asked Questions
What is the GMP of ESDS Software Solution Limited IPO today?
The latest grey market premium for ESDS Software Solution Limited IPO is ₹247. GMP is unofficial and indicative only — it is not a guarantee of listing price.
What is the price band of ESDS Software Solution Limited IPO?
The price band is ₹408 – ₹429, with a lot size of 34 shares. The minimum investment is ₹14,586.
When does ESDS Software Solution Limited IPO open and close?
The issue opens on 28 Aug 2026 and closes on 1 Sept 2026. Listing is expected on 4 Sept 2026.
Who is the registrar for ESDS Software Solution Limited IPO?
MUFG Intime India Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.