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IPO details · Updated

ESDS Software Solution Limited

ClosedMainboardNSE: ESDSBSE: 544898
Check Allotment
Price Band
₹408 – ₹429
Lot Size
34 shares
Min. Investment
₹14,586
Issue Size
₹720 Cr
Offer Dates
28 Aug – 1 Sept 2026
Listing
4 Sept 2026

Issue Details

Full details →
Total Issue Size
₹720 Cr
1,67,83,216 shares
Fresh Issue
₹720 Cr
1,67,83,216 shares
Offer for Sale
₹0 Cr
Face Value
₹1 per share
Issue Type
Book-built IPO
Listing At
BSE, NSE
Shares Pre-Issue
10,04,27,753
Shares Post-Issue
11,72,10,969

IPO Timeline

  1. Offer opens

    28 Aug 2026

  2. Offer closes

    1 Sept 2026

  3. Allotment

    2 Sept 2026

  4. Listing

    4 Sept 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor30.0%50,34,964 shares
  • QIB20.0%33,56,643 shares
  • HNI15.0%25,17,483 shares
  • Retail35.0%58,74,126 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB33,56,64392,29,92,424
274.97x
NII25,17,48351,07,16,856
202.87x
Retail58,74,12624,48,54,060
41.68x
Total1,17,48,2521,67,85,63,340
142.88x

Lot Size & Investment

1 lot = 34 shares

Retail (min)

1 lot · 34 shares

Retail (max)

13 lots · 442 shares

S-HNI (min)

14 lots · 476 shares

ApplicationLotsSharesAmount
Retail134₹14,586
Small HNI (S-HNI)14476₹2,04,204
Big HNI (B-HNI)692,346₹10,06,434

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24
Assets1,937.9655.95547.71
Total Income480.65376.64292.14
Profit After Tax120.8255.6113.61
EBITDA234.23154.89101.88
Net Worth528.81405.55206.36
Reserves & Surplus533.62407.54216.62
Total Borrowing42.9262.71149.04

Key Performance Indicators

Key performance indicators
PeriodMar-26Mar-25
RoNW (%)22.8513.71
EPS (₹)12.03
P/E (pre-issue)35.66
P/E (post-issue)41.61

Peer Comparison

Listed companies in the same business

CompanyP/EROE
E2e Networks Ltd-804.97-0.92%

About ESDS Software Solution Limited

Incorporated in August 2005, ESDS Software Solution Limited is an AI-enabled provider of cloud, managed services, Data Centre infrastructure and software solutions in India. The Company offers an end-to-end portfolio comprising Infrastructure-as-a-Service (IaaS), managed services and Software-as-a-Service (SaaS), serving customers across BFSI, Government and enterprise segments. In Fiscal 2026, the Company served 2,501 customers and reported revenue from operations of ₹4,722.10 million. The Company's IaaS portfolio includes colocation and Data Centre services, public, private, virtual private, hybrid and community cloud solutions, and GPU-as-a-Service (GPUaaS). It operates five Tier 3 Data Centres across India, covering over 75,266 sq. ft., supported by redundant power, disaster recovery infrastructure and 24/7 services. Its managed services include cloud and Data Centre management, cybersecurity, IT infrastructure and network management, backup and disaster recovery, database management and DevOps services. The Company also develops proprietary technology solutions, including SWARAJ Cloud, its patented cloud autoscaling technology, which has been further developed into an AI-enabled cloud platform focused on data sovereignty, scalability, security, compliance and AI capabilities. Its SaaS portfolio includes Data Centre management tools, vulnerability scanners, web access firewalls, VPN solutions and AI-powered GPU monitoring solutions. The Company's operations are supported by 993 employees as of June 30, 2026, across Data Centre operations, cloud infrastructure, security management, R&D, sales, service delivery and other functions. Strengths Leading Position in Cloud, Managed Services and Data Centre Solutions. Comprehensive Security-as-a-Service (SECaaS) Framework. Long-term Relationships with Banks and Enterprises. Strong Government Partnerships and Policy Advocacy. AI-driven Innovations and Patented Technology. Transparent and Flexible Customised Billing System. Experienced Directors, KMPs and Senior Management.

Objects of the Issue

  • Purchase and installation of cloud computing and other equipment and infrastructure for Data Centres. (₹576.00 Cr)
  • General Corporate Purposes (₹91.05 Cr)
  • Issue Expenses (₹52.95 Cr)

Promoters

  • <p>Piyush Prakashchandra Somani
  • Komal Piyush Somani
  • P.O.Somani Family Trust</p>

Company Information

Book running lead managers
  • Dam Capital Advisors Ltd.
  • Systematix Corporate Services Ltd.
Registered office
Plot No. B- 24 & 25,, NICE Area, MIDC,, Satpur, Nashik, Maharashtra, 422007

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.