
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
Overall Subscription
142.88x
Total Demand
QIB Multiplier
274.97x
Institutions & Funds
NII / HNI
202.87x
High Net-Worth
Retail (RII)
41.68x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,356,643 | 922,992,424 | 274.97x |
| NIB | 2,517,483 | 510,716,856 | 202.87x |
| HNIs(10L +) | 1,678,322 | 368,536,268 | 219.59x |
| HNIs (2-10L) | 839,161 | 142,180,588 | 169.43x |
| RETAIL | 5,874,126 | 244,854,060 | 41.68x |
| Total | 14,265,735 | 2,189,280,196 | 142.88x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 172,768 | 5,848,356 | 33.85x |
| HNIs(10L +) | 3,526 | 153,354 | 43.49x |
| HNIs (2-10L) | 1,763 | 283,809 | 160.98x |
| Total Applications | 178,057 | 6,285,519 | 35.30x |
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 ESDS Software Solution Limited IPO aggregate issue size is ₹1,67,83,216 Crores with an equity price band set at ₹408 to ₹429 per equity share. The retail lot size is 34 shares requiring a minimum capital outlay of approx. ₹14,586.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-09-02.