ESDS Software Solution Shares List at 76% Premium on NSE
ESDS Software Solution (India) made a strong stock market debut on Friday, September 4, 2026, with its shares listing at a 76.46% premium on the NSE. The stock opened at ₹757 apiece on the NSE against its IPO issue price of ₹429 per share. On the BSE, the shares debuted at ₹746.30 per share, representing a 73.96% premium over the issue price.
The company’s ₹720.00 crore IPO was open for subscription from August 28 to September 1, 2026, and witnessed strong investor interest. The issue was subscribed 135.88 times by the end of the bidding period.
ESDS Software Solution IPO - Issue Details
- Issue Type: Book Built Issue (Fresh Issue only)
- Total Issue Size: Up to ₹720.00 crore
- Fresh Issue: Up to ₹720.00 crore
- Offer for Sale (OFS): Not Applicable
- Face Value: ₹10 per equity share
- Price Band: ₹408 to ₹429 per share
- Lot Size: 34 shares
- Minimum Investment Amount (Retail Investor): ₹14,586 (34 shares at the upper price)
- Listing: BSE, NSE
- Book Running Lead Managers: DAM Capital Advisors Limited, Systematix Corporate Services Limited
- Registrar: MUFG Intime India Private Limited
ESDS Software Solution IPO Overall Subscription Status
[September 1, 2026, 7:00 P.M.]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
261.51x |
|
Non-Institutional Investors (NIIs) |
192.94x |
|
Retail Individual Investors (RIIs) |
39.64x |
|
Total |
135.88x |
Utilisation of IPO Proceeds
The company intends to utilise the net proceeds from the fresh issue towards:
- Purchase and installation of cloud computing and other equipment and infrastructure for the company’s Relevant Data Centres
- General corporate purposes.
About ESDS Software Solution Limited
ESDS Software Solution Limited is an AI-powered technology company that delivers cloud computing, managed services, data centre infrastructure, and software solutions across India. It is among only two Indian companies offering an integrated portfolio of GPU-as-a-Service (GPUaaS), cloud, managed services, data centre infrastructure, and software solutions, and was the country's largest player by revenue in FY2026, generating ₹4,722.10 million in revenue from operations.
The company provides Infrastructure-as-a-Service (IaaS), Software-as-a-Service (SaaS), and managed services, enabling enterprises and government organisations to develop secure, scalable, and cost-effective digital infrastructure. As of FY2026, ESDS served 2,501 customers across the BFSI, government, and enterprise sectors.
Key Financial Highlights
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
472.21 |
361.34 |
286.52 |
|
EBITDA |
234.23 |
154.89 |
101.88 |
|
Profit After Tax (PAT) |
120.82 |
55.61 |
13.61 |
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
To read the RA disclaimer, please click here.