
Information Technology · NSE / BSE
Founded in 2005, ESDS Software is one of India’s leading managed cloud service providers, offering complete solutions for businesses looking to move to the cloud. The company provides services like cloud infrastructure (IaaS) through its own auto-scalable platform called eNlight Cloud, along with software services (SaaS) and managed services. ESDS serves a wide range of industries including government, banking, manufacturing, IT, telecom, real estate, pharma, retail, and education, with a presence across regions like APAC, Europe, the Middle East, the Americas, and Africa. It operates three data centres in India located in Navi Mumbai, Nashik, and Bengaluru, covering over 50,000 sq. ft. and connected through a high-speed 10 Gbps network.
Price Band
₹408 – ₹429
Issue Size
₹1678.32 L Cr
Lot Size
34 shares
GMP
+72.5%
Est. Listing
₹740
at current GMP
Subscribed
142.88x
overall
Open
28 Aug 2026
Close
1 Sep 2026
Allotment
2 Sep 2026
Refund
3 Sep 2026
Demat Credit
4 Sep 2026
Listing
4 Sep 2026
Last updated: 4 Sept 2026
Current Premium
Issue Price (Upper)
₹429
Band: ₹408 – ₹429
Estimated Listing Price
₹740
Upper price + GMP
Lot Size
34 shares
Min investment ₹14,586
Estimated Profit / Lot
₹10,574
34 × ₹311
Grey Market Premium trend
+₹311
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹311 | 72.5% | ₹740 |
| 26 Sep 2026 | +₹311 | 72.5% | ₹740 |
| 25 Sep 2026 | +₹280 | 65.2% | ₹709 |
GMP is unofficial market data. Not a guarantee of listing performance.
ESDS Software Solution Limited is bringing an initial public offering (IPO) in the Information Technology sector with an aggregate issue size of ₹1,67,83,216 Crores. The shares are offered at a price band of ₹408 to ₹429 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-01, the basis of allotment is scheduled to be finalized on 2026-09-02. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for ESDS Software Solution Limited IPO is ₹311, which indicates an expected listing price of ₹740.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.