ESDS SOFTWARE SOLUTION LIMITED
₹ 408 - ₹ 429
28-Aug-2026 - 01-Sep-2026
₹ 14586.00

/ 34 Shares

ESDS SOFTWARE SOLUTION LIMITED

28-Aug-2026 - 01-Sep-2026

₹ 408 - ₹ 429

Price Band

₹ 14586.00

Minimum Investment

34

Bid Lot

16,783,214

Shares

IPO Details

Fresh Issue of Equity Shares aggregating upto RS 720 Cr

Category % Shares/Amount
QIB 50% 8,391,607 Shares RS.360.00 CR
HNI 1 5% 839,161 Shares RS.36.00 CR @ 1763 FORM 1X
HNI 2 10% 1,678,322 Shares RS.72.00 CR @ 3526 FORM 1X
Retail 35% 5,874,126 Shares RS.252.00 CR @ 172768 FORM 1X

BRLMs: DAM Capital, Systematix Corporate Services

Application Require for 1 Time

Retail (Upto 2 Lakh) HNI (2 Lakh to 10 Lakh) HNI (Above 10 Lakh)
172768 FORM 1X 1763 FORM 1X 3526 FORM 1X

IPO Lot Size

Category Lots Shares Amount
Retail (Upto 2 Lakh) 1 34 ₹ 14,586
Retail (Upto 2 Lakh) 13 442 ₹ 189,618
S-HNI (2 Lakh to 10 Lakh) 14 476 ₹ 204,204
S-HNI (2 Lakh to 10 Lakh) 68 2312 ₹ 991,848
B-HNI (Above 10 Lakh) 69 2346 ₹ 1,006,434

IPO Timeline

  • Open Date

    28-Aug-2026

  • Close Date

    01-Sep-2026

  • Basis of Allotment Date

    02-Sep-2026

  • Initiation of Refunds

    03-Sep-2026

  • Credit Shares to Demat A/c

    03-Sep-2026

  • IPO Listing Date

    04-Sep-2026

Subscription as on
01-Sep-2026 17:39

Category Book Size Subscription No. of Times
QIB 3,356,643 ₹ 144.00 Cr. 922,992,424 ₹ 39596.37 Cr. 274.97x
HNI (<10 LAKH) 839,161 ₹ 36.00 Cr. 142,180,112 ₹ 6099.53 Cr. 169.43x
HNI2 (>10 LAKH) 1,678,322 ₹ 72.00 Cr. 368,536,268 ₹ 15810.21 Cr. 219.59x
RETAIL 5,874,124 ₹ 252.00 Cr. 244,852,836 ₹ 10504.19 Cr. 41.68x
Total 11,748,250 1,678,561,640 142.88x
Category Book Size Subscription No. of Times
QIB 3,356,643 ₹ 144.00 Cr. 922,992,424 ₹ 39596.37 Cr. 274.97x
HNI (<10 LAKH) 839,161 ₹ 36.00 Cr. 142,180,112 ₹ 6099.53 Cr. 169.43x
HNI2 (>10 LAKH) 1,678,322 ₹ 72.00 Cr. 368,536,268 ₹ 15810.21 Cr. 219.59x
RETAIL 5,874,124 ₹ 252.00 Cr. 244,852,836 ₹ 10504.19 Cr. 41.68x
Total 11,748,250 1,678,561,640 142.88x

*Excluding Anchor

Total No. of Application Approx : ~5947889 (34.43 Appwise)

Appwise Subscription
Category Total App App wise
HNIBT 283931.28 1763 (For 1x) 161.05x
HNIAT 153355.73 3526 (For 1x) 43.49x
RETAIL 5944986.00 172768 (For 1x) 34.41x

Disclaimer: The above-mentioned information / data are sourced from the websites of National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) and are subject to change on real time basis. For updated information / data you can visit their respective website. The information / data provided herein above are for information purpose only and provided "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. We do not guarantee or warrant the accuracy, adequacy or completeness of the information received through the said websites. “We” hold not responsibility of any kind as regard to any discrepancies, errors, omissions, losses or damages. “We” including its affiliates and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of information / data received through the said websites. The recipient alone shall be fully responsible / are liable for any decision taken on the basis of such information / data. All recipients should before acting upon the said information make their own investigation, seek appropriate professional advice.

About Company

  • ESDS Software Solutions Ltd (“ESDS”) is an AI-enabled provider of cloud, managed services, Data Centre infrastructure and software solutions in India, and one of only two players offering the full spectrum of GPUaaS, cloud, managed services, Data Centre and software solutions.
  • The company’s IaaS portfolio is broadly divided into Colocation and Data Centre Services and Cloud Services and Cloud Computing, thereby addressing distinct infrastructure needs.
  • ESDS is the largest by revenue in Fiscal 2026, recording ?472.21 crore, with offerings spanning IaaS (colocation, Data Centre services, cloud services, cloud computing), managed services and SaaS, enabling secure, flexible, scalable and reliable cloud adoption.
  • ESDS was among the first in India to introduce community cloud services on a multi-tenant model for organisations with similar compliance and security requirements, serving 2,501 customers in Fiscal 2026 across BFSI, Government and Enterprises.
  • As digital transformation accelerates, enterprises demand scalable infrastructure, SMBs seek cost-efficient adoption, Government bodies require compliance-driven secure environments, and BFSI institutions rely on high-availability architectures with stringent security standards, with cloud providers bridging these gaps.
  • On March 31, 2026, ESDS entered into a strategic AI cloud infrastructure agreement with an Australia-based neocloud AI compute service provider for an initial five-year term, extendable by 2 years, with a total contract value of ?11,831.25 Cr.
  • The agreement covers deployment of 8,208 NVIDIA B300 GPUs with storage infrastructure in Australia, targeted for completion by September 2026, with revenue generation expected from Q3 Fiscal 2027, strengthening ESDS’s access to dedicated, high-performance AI compute capacity to support its cloud and managed services offerings.
  • The company’s SWARAJ Cloud is an AI-autonomous platform converging 30+ services and 80+ capabilities into a unified IT ecosystem, enabling intelligent cloud deployment and optimisation with minimal manual intervention, ensuring 100% Indian data residency, compliance, security and control across hybrid and multi-cloud infrastructures.
  • ESDS in 2026 was awarded The Extraordinaire iconic innovator developing AIOps & other products. They also received Best Managed Security Services award at the Middle East Gen AI & Analytics Summit in 2025.
Read More

Strengths

Competitive Strength 

Business Strategies 

Company Promoters

Company Financials

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 1,937.90 655.95 547.71
Total Income 480.65 376.64 292.14
Profit After Tax 120.82 55.61 13.61
EBITDA 234.23 154.89 101.88
NET Worth 528.81 405.55 206.36
Reserves and Surplus 533.62 407.54 216.62
Total Borrowing 42.92 62.71 149.04
Amount in ? Crore

Objects of the Issue

# Issue Objects Est Amt (? Cr.)
1 Purchase and installation of cloud computing and other equipment and infrastructure for Data Centres. 576.00
2 General Corporate Purposes  
  Total 576.00

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  • Step 02 :

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  • Step 03 :

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  • Step 05 :

    Once you accept the mandate, Application is submitted successful.

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