ESDS Software Solution Limited
OpenSoftware · Mainboard IPO · INE0DRI01029
Price band
₹408 – ₹429
Lot size
34 shares
Min. investment
₹14,586
Issue size
₹720 Cr
Face value
₹1
Registrar
MUFG Intime India Pvt.Ltd.
Issue timeline
Bidding opens
28 Aug 2026
Bidding closes
01 Sept 2026
Allotment
02 Sept 2026
Listing
04 Sept 2026
Subscription
2.21x
overall
3,89,946
applications
₹1,116 Cr
bid value
| Category | Sub. (x) | Offered | Bid for | ₹ Cr* |
|---|---|---|---|---|
| Qualified Institutional (QIB) | 0.01x | 33,56,643 | 34,884 | 2 |
| Non-Institutional >₹10L (bNII) | 2.52x | 16,78,322 | 42,37,318 | 182 |
| Non-Institutional ₹2–10L (sNII) | 6.04x | 8,39,161 | 50,70,148 | 218 |
| Retail (RII) | 2.84x | 58,74,126 | 1,66,66,358 | 715 |
| Total | 2.21x | 1,17,48,252 | 2,60,08,708 | 1,116 |
Combined NSE + BSE subscription, sourced from the exchanges and updated periodically. * bid value approx (shares bid × cut-off price). Final subscription confirmed after the issue closes.
About the company
ESDS Software Solution Limited is an AI-enabled provider of cloud, managed services, Data Centre infrastructure and software solutions in India.
Issue details
Issue size
₹720 Cr
Fresh issue
₹720 Cr
Industry
Software
Promoter holding (pre)
46.06
Promoter holding (post)
53.94
Financials (₹ Cr)
| Metric | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Total income | 292.14 | 376.64 | 480.65 Cr |
| EBITDA | 101.88 | 154.89 | 234.23 |
| Profit after tax | 13.61 | 55.61 | 120.82 Cr |
| Net worth | 206.36 | 405.55 | 528.81 Cr |
| Total assets | 547.71 | 655.95 | 1,937.90 |
| Total borrowing | 149.04 | 62.71 | 42.92 |
Objects of the issue
- Purchase and installation of cloud computing and other equipment and infrastructure for Data Centres.
- General Corporate Purposes
Strengths
- Leading Position in Cloud, Managed Services and Data Centre Solutions.
- Comprehensive Security-as-a-Service (SECaaS) Framework.
- Long-term Relationships with Banks and Enterprises.
- Strong Government Partnerships and Policy Advocacy.
- AI-driven Innovations and Patented Technology.
- Transparent and Flexible Customised Billing System.
- Experienced Directors, KMPs and Senior Management.
Risks
- Intense competition in the cloud and managed services market.
- Dependence on key customers for revenue.
- Regulatory changes affecting operations.
- Technological changes and advancements.
- Potential cybersecurity threats.
Documents
Calculate your bid
At cut-off price ₹429
Lots
1
- Shares
- 34
- Amount
- ₹14,586
UPI mandate — funds are blocked, not debited.
- SEBI-registered broker — NSE member 90113
- Funds stay blocked in your own bank — debited only on allotment
- Apply for your whole family from one login
Min. investment
₹14,586