ESDS Software Solution came to market through an IPO that opened on 28 August 2026 and closed on 1 September 2026, and the shares listed on 4 September 2026 on BSE, NSE. The price band was ₹408 to ₹429 per share and one lot was 34 shares, so the minimum application was ₹14,586. The issue size was ₹720 crore. The whole issue was fresh shares, so the money raised went to the company.
It listed at ₹757, a gain of 76.5% against the issue price of ₹429. MUFG Intime India Pvt.Ltd was the registrar to the issue, and Dam Capital Advisors Ltd., Systematix Corporate Services Ltd were the lead managers.
As of 1 September 2026.
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Overall the issue was subscribed 142.88 times.
The Company was incorporated in the year 2005. ESDS Software is a leading player in the managed cloud service and the end-to-end multi-cloud requirements in India. It is a one-stop services provider to the customers for cloud adoption. The services provided by the company include - Cloud Computing - Infrastructure as a Service (IaaS), encompassing the company's patented vertically auto-scalable cloud technology platform, ‘eNlight Cloud’ Software as a Service (SaaS), and Managed Services.
ESDS Software provides products in widely diversified industries like government ministries & companies, corporate entities in BFSI, manufacturing, IT & ITES, telecom, real estate, pharmaceuticals, retail, education, among others, in various countries in the APAC region, Europe, Middle East, Americas, and Africa. The company conducts its operations through 3 data centers in India, one each in Navi Mumbai, Nashik, and Bengaluru. The data centers have a total covered space of over 50,000 sq.
feet and are inter-connected through a 10 Gbps backbone internet.
As described in the offer document.
| Metric | 31-Mar-26 | 31-Mar-25 | 31-Mar-24 |
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ESDS Software Solution Limited finalised its anchor investor allocation on August 27, 2026, raising ₹216.00 crore from 19 institutional investors at an anchor price of ₹429 per share. The anchor book comprises 50,34,964 equity shares, with domestic mutual funds receiving 81.94% of the allocation through 6 fund houses across 13 schemes, including Motilal Oswal Mutual Fund, Bandhan Mutual Fund, Quant Mutual Fund, ITI Mutual Fund, JM Financial Mutual Fund, and Samco Mutual Fund.
The remaining allocation went to Sanshi Fund-I, Meru Investment Fund PCC – Cell 1, Cognizant Capital Dynamic Opportunities Fund, Bajaj General Insurance Limited (Policyholder and Shareholder Funds), and CP Capital Limited.
Piyush Prakashchandra Somani, Komal Piyush Somani, P.O. Somani Family Trust. Promoter holding 46.06% before the issue and 39.47% after.
Work out the listing gain for this IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
ESDS Software Solution IPO was a ₹720 crore book-built issue, made up entirely of a fresh issue. It was priced at ₹408–₹429 per share with a lot size of 34 shares (₹14,586). The IPO was open from August 28 to September 1, 2026 and was subscribed 142.88x. Shares listed on BSE and NSE on September 4, 2026 at ₹757, a 76.5% premium to the issue price of ₹429. MUFG Intime India Pvt. Ltd. is the registrar. Dam Capital Advisors Ltd.
and Systematix Corporate Services Ltd. are the book running lead managers.
The price band of ESDS Software Solution IPO is ₹408 to ₹429 per share.
The lot size of ESDS Software Solution IPO is 34 shares.
The minimum investment for ESDS Software Solution IPO is approximately ₹14,586 based on the upper price band.
The allotment date of ESDS Software Solution IPO is Sep 2, 2026.
No GMP quote could be verified as recorded before ESDS Software Solution IPO listed. A grey-market observation of ₹230 per share was recorded on 4 Sep 2026, 8:00 AM IST, but without a verified listing timestamp it is not treated as the final pre-listing GMP. The shares listed at ₹757. GMP is unofficial and does not forecast or guarantee the actual listing price.
ESDS Software Solution IPO listed on Sep 4, 2026. It was issued at ₹757.0(NSE) and is currently around ₹1160.00 as on 30-Oct-2026 3:30 PM, which is approximately 170.4% versus issue price. The 52-week high is ₹1,859.20.
You can check ESDS Software Solution IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the ESDS Software Solution IPO allotment status on Rupix for quick and easy access.
₹408 to ₹429 per share, against a face value of ₹1. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 34 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹14,586.
₹14,586, for one lot of 34 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 28 August 2026 and closed on 1 September 2026.
The basis of allotment was published on 2 September 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.
The shares listed on 4 September 2026 on BSE, NSE, opening at ₹757.
The issue size was ₹720 crore. The fresh issue was 1,67,83,216 shares (aggregating up to ₹720 crore).
It listed at ₹757 against an issue price of ₹429, a gain of 76.5 percent on listing day.