ESDS Software Solution

ESDS Software Solution IPO

Upcoming

MainboardOpens 28 August 2026Closes 1 September 2026

Incorporated in 2005, ESDS Software Solution Limited is a comprehensive cloud infrastructure, data centre, and managed IT software services provider in India. The company offers a full-stack technology suite across…

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Live GMPSubscriptionAllotment
Price band
₹408 - ₹429
Issue size
₹720 Cr
Lot size
34 shares
Type
Mainboard
GMP
₹250 (+58.3%)
Est. listing
₹679
Est. profit / app
₹8,500
Retail quota
35.00%

Key ratios

As per RHP / filings
Face value
₹1
EPS
12.03
P/E ratio
35.66
RoNW
22.85%
ROE
25.86%
Debt / Equity
0.08
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Timeline

IPO Opens

28 Aug

IPO Closes

1 Sept

Allotment

2 Sept

Listing

4 Sept

IPO Timeline & Listing Details

EventDate
IPO Open Date28 August 2026
IPO Close Date1 September 2026
Allotment Date2 September 2026
Listing Date4 September 2026

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹14,586
Retail (Max)Just less than ₹2,00,000
13₹1,89,618
SHNI (Min)Just above ₹2,00,000
14₹2,04,204
SHNI (Max)Below ₹10,00,000
68₹9,91,848
BHNIAbove ₹10,00,000
69₹10,06,434

IPO Reservation Details

CategoryReservation
QIB (Qualified Institutional Buyer)50.00%
NII (Non-Institutional Investor)15.00%
SHNI (Small Non-Institutional Investor)5.00%
BHNI (Big Non-Institutional Investor)10.00%
Retail35.00%
Total100.00%

IPO Objectives

  • Purchase and installation of cloud computing equipment and other equipment and infrastructure for our Airoli Data Centre, Bengaluru Data Centre, Mohali Data Centre and Nashik Data Centre (Relevant Data Centres) (₹576.00 Cr).
  • General Corporate Purposes.

Strengths

  • Comprehensive full-stack cloud and IT platform offering IaaS, PaaS, SaaS, and AI-compute (GPUaaS) services.
  • Patented, proprietary auto-scaling technology (SWARAJ Cloud) supporting multi-cloud, hybrid, and sovereign cloud deployments.
  • Extensive pan-India Tier-III/IV-designed data centre presence across Navi Mumbai, Nashik, Bengaluru, Mohali, and Noida.
  • Strong institutional relationships across mission-critical BFSI, government, and enterprise clients with an EBITDA margin of 49.60% in FY26.

Weaknesses

  • Customer concentration risk, with the top 10 customers accounting for 45.36% of FY26 revenue from operations.
  • Operational reliance on master service agreements with STPI for data centre facilities in Bengaluru, Mohali, Noida, and proposed Kolkata.
  • Capital-intensive business model exposed to rapid technology obsolescence and global hardware/GPU supply shortages.
  • Exposure to international market risks and geopolitical/sanctions exposure in export markets (such as the UAE and Russia).
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Financial Performance

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets (₹ Cr.)1,937.9655.95547.71
Revenue (₹ Cr.)472.21361.34286.52
PAT (₹ Cr.)120.8255.6113.61
Net Worth (₹ Cr.)528.81405.55206.36

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
ESDS Software Solution8.1535.6622.85%528.81
E2E Networks Limited7.49403.13-0.92%81.85

Subscription Details

No daily bids available.

No subscription statistics available.

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Company Details

  • ESDS Software Solution Limited
  • Plot No. B-24 & 25, NICE Area, MIDC, Satpur, Nashik - 422 007, Maharashtra, India
  • +91 253 711 2244
  • secretarial@esds.co.in
  • https://www.esds.co.in/

Registrar Details

Frequently Asked Questions

What does ESDS Software Solution Limited do?
ESDS Software Solution Limited provides cloud computing infrastructure (IaaS), data centre colocation, enterprise SaaS software, AI GPU-compute services, and managed cyber security services to BFSI, government, and enterprise clients.
What are the IPO dates for ESDS Software Solution IPO?
The ESDS Software Solution IPO opens for public subscription on August 28, 2026, and closes on September 1, 2026 (Anchor bidding opens on August 27, 2026).
What is the price band and minimum investment for ESDS Software Solution IPO?
The price band is fixed at ₹408 to ₹429 per equity share. Retail investors can apply for a minimum lot of 34 shares, requiring an investment of ₹14,586 at the upper price band.
What is the total issue size of ESDS Software Solution IPO?
The total issue size is ₹720.00 Crores, consisting entirely of a Fresh Issue of equity shares.
What is the tentative listing date for ESDS Software Solution IPO?
The equity shares of ESDS Software Solution Limited are tentatively scheduled to list on the BSE and NSE on September 4, 2026.

ESDS Software Solution IPO News & Updates

Follow the latest updates for ESDS Software Solution IPO, including grey market moves and allotment news.

ESDS Software Solution IPO IPO Pages

Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.

ESDS Software Solution IPO Details

Issue size, price, financials, and company info

ESDS Software Solution IPO GMP

Live grey market premium and listing estimate

ESDS Software Solution IPO Subscription

QIB, NII, Retail, SHNI and BHNI subscription

ESDS Software Solution IPO Allotment

Allotment date, chances, and check by PAN

ESDS Software Solution IPO Review

SWOT, strengths, risks, and IPO review

ESDS Software Solution IPO FAQ

Common questions on dates, GMP, and allotment

ESDS Software Solution IPO Registrar

Registrar website and how to check allotment

ESDS Software Solution IPO Timeline

Open, close, allotment, and listing dates

ESDS Software Solution IPO News

Updates, blogs, and latest IPO news

Sources

We match ESDS Software Solution IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • MUFG Intime India Private LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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