ESDS Software Solution IPO 2026: Price Band, Dates, Lot Size & Key Details
ESDS Software Solution Limited, an AI-enabled provider of cloud, data centre infrastructure, and managed IT services, is launching its initial public offering (IPO) on the mainboard segment of the stock exchanges. The IPO gives investors a window to bid for shares before the company lists. Below is a complete, easy-to-read breakdown of the price band, key dates, lot size, issue structure, and business snapshot of the ESDS Software Solution IPO 2026.
ESDS Software Solution IPO: Key Details at a Glance
Anchor Investor Bidding Date | Thursday, August 27, 2026 |
IPO Opening Date | Friday, August 28, 2026 |
IPO Closing Date | Tuesday, September 1, 2026 |
Price Band | ₹408 to ₹429 per equity share |
Face Value | ₹1 per equity share |
Lot Size | 34 equity shares |
Minimum Retail Investment | 1 lot (34 shares) = ₹14,586 at upper price band |
Maximum Retail Investment | 13 lots (442 shares) = ₹1,89,618 |
Issue Type | Book-Built Issue (100% Fresh Issue, no Offer for Sale) |
Total Issue Size | 1,67,83,216 equity shares aggregating up to ₹720 crore |
Listing Exchange | BSE and NSE (Mainboard) |
QIB Quota | 50% of the net offer |
Retail Investor Quota | 35% of the net offer |
Non-Institutional Investor (NII/HNI) Quota | 15% of the net offer (sHNI 5%, bHNI 10%) |
Pre-Issue Market Capitalisation | Approx. ₹4,308.35 crore |
Post-Issue Market Capitalisation | Approx. ₹5,028.35 crore |
Tentative Allotment Date | Wednesday, September 2, 2026 |
Refund / Demat Credit | Thursday, September 3, 2026 |
Tentative Listing Date | Friday, September 4, 2026 |
Registrar to the Issue | MUFG Intime India Private Limited |
Book Running Lead Managers | DAM Capital Advisors and Systematix Corporate Services |
Price Band and Lot Size Explained
The price band for the ESDS Software Solution IPO has been fixed at ₹408 (lower end) to ₹429 (upper end) per equity share, with a face value of ₹1 each. The applicable lot size is 34 equity shares, and retail investors can apply for a minimum of 1 lot and a maximum of 13 lots. Key points to note:
• Minimum lot: 34 shares → ₹13,872 (lower band) to ₹14,586 (upper band)
• Maximum retail application: 13 lots (442 shares) → up to ₹1,89,618
• Retail investor quota: 35% of the net offer
• Qualified Institutional Buyer (QIB) quota: 50% of the net offer
• Non-Institutional Investor (NII/HNI) quota: 15% of the net offer, split into 5% for small HNIs and 10% for big HNIs
• Application modes: ASBA (through net banking) or UPI (through brokers)
IPO Structure and Objects of the Issue
The ESDS Software Solution IPO is a 100% fresh issue of 1,67,83,216 equity shares, with no offer-for-sale (OFS) component, meaning the entire issue proceeds will flow directly to the company. As per the offer documents, the net proceeds are proposed to be used towards objects such as capital expenditure for expanding data centre and cloud infrastructure capacity, and general corporate purposes, as detailed further in the Red Herring Prospectus (RHP).
Financial Performance
As per the offer documents, ESDS Software Solution has shown strong and consistent growth over the last three financial years:
• Total Income: ₹292.14 crore (FY24) → ₹376.64 crore (FY25) → ₹480.65 crore (FY26)
• Profit After Tax (PAT): ₹13.61 crore (FY24) → ₹55.61 crore (FY25) → ₹120.82 crore (FY26)
• EBITDA: ₹101.88 crore (FY24) → ₹154.89 crore (FY25) → ₹234.23 crore (FY26)
How to Apply for the ESDS Software Solution IPO
• Step 1: Log in to your broker's trading app or your bank's net banking/ASBA facility
• Step 2: Search for 'ESDS Software Solution Limited' in the IPO section
• Step 3: Select the number of lots (minimum 1 lot, maximum 13 lots for retail investors) within the price band
• Step 4: Enter your UPI ID (for UPI applications) or authorise via ASBA
• Step 5: Approve the mandate request in your UPI app to block the application amount
• Step 6: Track allotment status on the registrar's website using PAN, application number, or DP/Client ID
Points Investors Should Note
• 100% fresh issue: Since there is no offer for sale, all issue proceeds are available to fund the company's stated objects.
• Sector dependence: Revenue is tied to demand for cloud infrastructure, data centre capacity, and managed IT services, a competitive and rapidly evolving sector
• Customer concentration in select segments: The company serves government, PSU, and BFSI clients significantly; changes in public sector IT spending or procurement policy could impact revenue
• Promoter holding dilution: Promoter holding is expected to reduce from approximately 46.06% to 39.47% after the issue
• Read the RHP: Interested applicants are encouraged to go through the company's Red Herring Prospectus (RHP) for complete details before making any decisions.
Frequently Asked Questions (FAQs)
1. When does the ESDS Software Solution IPO open and close?
The IPO opens for subscription on August 28, 2026, and closes on September 1, 2026, with anchor investor bidding on August 27, 2026.
2. What is the price band of the ESDS Software Solution IPO?
The price band is fixed at ₹408 to ₹429 per equity share, with a face value of ₹1 per share.
3. What is the lot size for this IPO?
The lot size is 34 equity shares. Retail investors can apply for a minimum of 1 lot and up to a maximum of 13 lots.
4. What is the minimum investment amount required?
At the upper price band, the minimum investment is ₹14,586 for 1 lot (34 shares).
5. What is the total issue size of the IPO?
The total issue size is up to ₹720 crore, comprising a 100% fresh issue of 1,67,83,216 equity shares with no offer for sale.
6. On which exchange will ESDS Software Solution shares be listed?
The shares are proposed to be listed on both the BSE and NSE, with a tentative listing date of September 4, 2026.
7. When will the IPO allotment be finalised?
The basis of allotment is tentatively scheduled to be finalised on September 2, 2026.
8. Who is the registrar for the ESDS Software Solution IPO?
MUFG Intime India Private Limited is the registrar to the issue.
9. How can I apply for the IPO?
Applications can be made online through ASBA via net banking or through UPI-enabled broker platforms during the subscription window.
10. What does ESDS Software Solution Limited do?
The company is an AI-enabled IT services provider offering cloud infrastructure, data centre services, managed services, and AI infrastructure solutions, serving government, PSU, BFSI, and enterprise clients.
Disclaimer:
This is written for educational and informational purposes only. Nothing here constitutes investment advice or a recommendation to buy or sell securities. All data is sourced from publicly available information. Investments in securities markets are subject to market risks — please read all offer documents carefully before investing.
