ESDS Software Solution IPO: dates, price band, lot size and GMP
ESDS Software Solution IPO listed on 4 Sep at ₹757 (NSE, BSE). Issue dates 28 Aug – 1 Sep 2026, price band ₹429, lot 34 shares. The shares now trade on the exchange; any pre-IPO price on this site is historical.
Listing: ESDS Software Solution listed on 4 Sep 2026 on NSE, BSE at ₹757, +₹328 (+76.5%) against the ₹429 upper band. ESDS Software Solution IPO listing date, price and gain · Recently listed IPOs
Updated 17 Oct 2026, 22:10 IST. Unofficial grey-market figures, dated.
BuyUnlistedShares tracks 208 IPOs on its calendar; the ESDS Software Solution IPO has a price band of ₹429, a lot of 34 shares and no grey-market premium reported yet as of 17 Oct 2026.
Key details
| Board | Mainboard |
|---|---|
| Issue dates | 28 Aug – 1 Sep 2026 |
| Price band | ₹429 |
| Lot size | 34 shares |
| Issue size | ₹720.00 Cr |
| Fresh issue | ₹720 Cr |
| Subscription | 142.88x |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead managers | Dam Capital Advisors Ltd., Systematix Corporate Services Ltd. |
| Status | Listed |
Timeline
- Issue opens: 28 Aug
- Issue closes: 1 Sep
- Allotment: 2 Sep
- Refunds: 3 Sep
- Demat credit: 3 Sep
- Listing: 4 Sep
Live subscription
| Category | Subscribed |
|---|---|
| QIB | 274.97x |
| NII | 202.87x |
| sNII | 169.43x |
| bNII | 219.59x |
| Retail | 41.68x |
| Total | 142.88x |
Last updated 1 Sep 2026, 6:55 PM IST.
Issue details
| Face value | ₹1 |
|---|---|
| Issue type | Book Build Issue |
| Listing at | NSE, BSE |
| Market cap at the upper band | ₹5,028.35 Cr |
| P/E (pre-issue) | 35.66x |
| P/E (post-issue) | 41.61x |
| Fresh issue (shares) | 1,67,83,216 |
| Total shares offered | 1,67,83,216 |
| Promoter holding pre-issue | 46.06% |
| Promoter holding post-issue | 39.47% |
| Promoters | Piyush Prakashchandra Somani, Komal Piyush Somani, P.O.Somani Family Trust |
| Lead managers | Dam Capital Advisors Ltd., Systematix Corporate Services Ltd. |
| Registrar phone | 022-49186000 |
| Registrar email | esdssoftware.ipo@in.mpms.mufg.com |
| Company website | esds.co.in |
| Anchor bid date | 27 Aug 2026 |
| Anchor lock-in ends (50%) | 2 Oct 2026 |
| Anchor lock-in ends (remaining) | 1 Dec 2026 |
Lot sizes by investor category
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 34 | ₹14,586 |
| Retail (maximum) | 14 | 476 | ₹2,04,204 |
| sNII (minimum) | 14 | 476 | ₹2,04,204 |
| bNII (minimum) | 69 | 2,346 | ₹10,06,434 |
Reservation
| Category | Share of issue | Shares offered | Basis |
|---|---|---|---|
| Anchor Investor | 30% | 50,34,964 | |
| QIB | 20% | 33,56,643 | Not more than 50% of the Offer |
| NII (HNI) | 15% | 25,17,483 | Not more than 15% of the Issue |
| sNII | 5% | 8,39,161 | |
| bNII | 10% | 16,78,322 | |
| Retail | 35% | 58,74,126 | Not less than 35% of the Net Issue |
Subscription by day
| Day | QIB | NII | sHNI | bHNI | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 · 28 Aug | 0.01x | 3.70x | 6.04x | 2.52x | 2.84x | 2.21x |
| Day 2 · 31 Aug | 0.76x | 73.34x | 75.55x | 72.23x | 19.67x | 25.77x |
| Day 3 · 1 Sep | 274.97x | 202.87x | 169.43x | 219.59x | 41.68x | 142.88x |
Key ratios as of 31 Mar 2025
| EPS (pre-issue) | ₹12.03 |
|---|---|
| EPS (post-issue) | ₹10.31 |
| P/E (pre-issue) | 35.66x |
| P/E (post-issue) | 41.61x |
| RoNW | 13.71% |
| RoCE | 24.73% |
| RoE | 17.27% |
| PAT margin | 15.39% |
| EBITDA margin | 42.86% |
| NAV per share | ₹22.21 |
| Debt / equity | 0.15 |
| Market cap (upper band) | ₹5,028.35 Cr |
Financials (₹ Cr)
| Metric | FY26 | FY25 | FY24 | FY26 vs FY25 |
|---|---|---|---|---|
| Assets | 1,937.9 | 655.95 | 547.71 | +195.4% |
| Total Income | 480.65 | 376.64 | 292.14 | +27.6% |
| Profit After Tax | 120.82 | 55.61 | 13.61 | +117.3% |
| EBITDA | 234.23 | 154.89 | 101.88 | +51.2% |
| NET Worth | 528.81 | 405.55 | 206.36 | +30.4% |
| Reserves and Surplus | 533.62 | 407.54 | 216.62 | +30.9% |
| Total Borrowing | 42.92 | 62.71 | 149.04 | −31.6% |
About ESDS Software Solution
ESDS Software Solution Limited is one of India's leading managed cloud service providers, offering comprehensive cloud infrastructure, software solutions, and managed services to support enterprises in their digital transformation and cloud adoption journeys. The company delivers integrated, end-to-end solutions designed to help organizations migrate, manage, and optimize their IT workloads in cloud environments. The company's service portfolio is broadly categorized into: Infrastructure as a Service (IaaS): Includes its proprietary vertically auto-scalable cloud platform, eNlight Cloud , which enables dynamic resource allocation based on workload requirements.
Software as a Service (SaaS) and Managed Services: Offers a range of cloud-based software solutions, application management, monitoring, security, and IT infrastructure management services. ESDS serves a diverse customer base comprising government departments, public sector organizations, and private enterprises across industries such as banking and financial services (BFSI), manufacturing, information technology, IT-enabled services, telecommunications, real estate, pharmaceuticals, retail, and education. The company also has a global presence, catering to clients across the Asia-Pacific region, Europe, the Middle East, the Americas, and Africa.
Its infrastructure is supported by three data centres located in Navi Mumbai, Nashik, and Bengaluru. Together, these facilities span more than 50,000 square feet and are interconnected through a high-speed 10 Gbps backbone network, enabling reliable and scalable cloud service delivery.
Objects of the issue
- Purchase and installation of cloud computing and other equipment and infrastructure for Data Centres. — ₹576 Cr
- General Corporate Purposes — ₹91.05 Cr
- Issue Expenses — ₹52.95 Cr
Net proceeds: ₹720 Cr
Peer comparison
| Company | EPS (Basic) | EPS (Diluted) | NAV (₹ per share) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| ESDS Software Solution Ltd. (issuer) | 12.03 | 11.81 | 52.66 | — | 22.85% | — | Consolidated |
| E2e Networks Ltd | −0.78 | −0.76 | 81.97 | −804.97x | −0.92% | 7.69 | Consolidated |
Notes: Financial information for the Company is derived from the Restated Consolidated Financial Information. All the financial information for the listed industry peer mentioned above is on a consolidated basis and is sourced from the filings of the listed peer for the year ended March 31, 2026 available on the listed peer's website and Stock Exchanges, the number of equity shares has been considered on a post-split basis. Closing price and Market capitalisation has been taken as the closing price of the equity shares of the listed peer as on August 20, 2026 on the NSE.
Offer documents: DRHP (PDF) · RHP (PDF)
Track this issue
- ESDS Software Solution IPO listing day: listed at ₹757 (+76.5% vs the upper band), 4 Sep 2026
- ESDS Software Solution IPO GMP today and trend
- ESDS Software Solution IPO subscription status, day by day
- ESDS Software Solution IPO allotment status and how to check
Frequently asked questions
When does the ESDS Software Solution IPO open and close?
The issue is scheduled for 28 Aug – 1 Sep 2026.
What is the ESDS Software Solution IPO price band?
The price band is ₹429 per share with a lot size of 34 shares.
How big is the ESDS Software Solution IPO?
The total issue size is ₹720.00 Cr.
When will ESDS Software Solution list?
The tentative listing date is 4 Sep on the main board.
How do I apply for the ESDS Software Solution IPO?
Apply through your broker or bank using ASBA or UPI within the issue window; the amount stays blocked in your account until allotment. BuyUnlistedShares does not take applications; it tracks the issue and the unlisted price before it.
Sources
- Draft red herring prospectus (DRHP), ESDS Software Solution · as filed with SEBI · sebi.gov.in
- Red herring prospectus (RHP), ESDS Software Solution · as filed · sebi.gov.in
- Registrar allotment page, MUFG Intime India Pvt.Ltd. · allotment 2 Sep · in.mpms.mufg.com
- NSE public issues page · listing 4 Sep · nseindia.com
- BSE public issues page · listing 4 Sep · bseindia.com
- ESDS Software Solution company website · esds.co.in
- BuyUnlistedShares IPO record: GMP, subscription and allotment, dated daily · GMP as of 4 Sep, 04:03 · buyunlistedshares.com
How to cite this page: BuyUnlistedShares, “ESDS Software Solution IPO”, https://buyunlistedshares.com/ipo/esds-software-ipo, as of 17 Oct 2026.
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Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP. In the market since 2002. Data as of 17 Oct 2026.
Guides for IPO applicants and pre-IPO holders
- The risks of buying unlisted and pre-IPO shares in India
- Unlisted Shares Lock-In Period: What Every Investor Must Know (2026)
- What Happens to Your Unlisted Shares After the IPO? Lock-In Periods Explained
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