ESDS Software Solution IPO Details

Bookbuilding IPO | ₹720 Cr | Listing at BSE, NSE | Fri, Aug 28, 2026 - Tue, Sep 1, 2026

IPO Details

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ESDS Software Solution IPO is a book build issue of ₹720.00 crores. The issue is entirely a fresh issue of 1.68 crore shares of ₹720.00 crore.

ESDS Software Solution IPO opens for subscription on Aug 28, 2026 and closes on Sep 1, 2026. The allotment for the ESDS Software Solution IPO is expected to be finalized on Sep 2, 2026. ESDS Software Solution IPO will list on NSE and BSE with a tentative listing date fixed as Sep 4, 2026.

ESDS Software Solution IPO is set issue price band at ₹408 to ₹429 per share. The lot size for an application is 34 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,586 (34 shares) (based on upper price).

Dam Capital Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.

Refer to ESDS Software Solution IPO RHP for detailed Information.

IPO Open

Fri, Aug 28, 2026

IPO Close

Tue, Sep 1, 2026

Price Band

₹408 to ₹429

Market Cap (Pre-IPO)

₹5,028.35 Cr * on Upper Price

IPO Details

IPO Date

28 Aug to 1 Sep, 2026
Listing Date

Fri, Sep 4, 2026
Face Value

₹1 per share
Price Band

₹408 to ₹429
Lot Size

34 Shares
Sale Type

Fresh capital only
Issue Type

Bookbuilding IPO
Listing At

BSE, NSE

Total Issue Size

1,67,83,216 shares (agg. up to ₹720 Cr)
Fresh Issue

1,67,83,216 shares (agg. up to ₹720 Cr)
Share Holding Pre Issue

10,04,27,753 shares
Share Holding Post Issue

11,72,10,969 shares

IPO Timetable (Tentative)

IPO Open

Fri, Aug 28, 2026
Allotment

Wed, Sep 2, 2026
Credit of Shares

Thu, Sep 3, 2026

IPO Close

Tue, Sep 1, 2026
Refund

Thu, Sep 3, 2026
Listing

Fri, Sep 4, 2026

Issue Reservation

Investor Category	Shares
QIB	Not more than 50% of the Offer
Retail	Not less than 35% of the Net Issue
NII	Not more than 15% of the Issue or the Issue

IPO Lot Size

Investors can bid for a minimum of 34 shares and in multiples thereof.

Application	Lots	Shares	Amount
Retail (Min)	1	34	₹14,586
Retail (Max)	13	442	₹1,89,618
S-HNI (Min)	14	476	₹2,04,204
S-HNI (Max)	68	2,312	₹9,91,848
B-HNI (Min)	69	2,346	₹10,06,434

About ESDS Software Solution Ltd. Updated on Aug 25, 2026

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.

Company Financials (Restated Consolidated)

ESDS Software Solution Ltd.’s revenue increased by 28% and profit after tax (PAT) rose by 117% between the financial year ending with March 31, 2026 and March 31, 2025. (Amount in ₹ Crore)

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

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IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# 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

Key Performance Indicator (KPI)

KPI	Mar 31, 2026	Mar 31, 2025
ROE	25.12%	17.27%
ROCE	32.78%	24.73%
Debt/Equity	0.08	0.15
RoNW	22.85%	13.71%
PAT Margin	25.59%	15.39%
EBITDA Margin	49.60%	42.86%
NAV	52.66
Price to Book Value	8.15

IPO Valuation

Valuation Metric	Pre IPO	Post IPO
EPS (₹)	12.03	10.31
P/E (x)	35.66	41.61
Market Cap at Offer Price	₹4,308Cr.	₹5,028.35 Cr

The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category	Pre IPO	Post IPO
Promoter and Promoter Group	46.06%	39.47%
Public	53.94%	60.53%
Total	100%	100%

Company Promoters: Piyush Prakashchandra Somani, Komal Piyush Somani and P.O.Somani Family Trust.

IPO Registrar

MUFG Intime India Pvt.Ltd.

022-49186000
esdssoftware.ipo@in.mpms.mufg.com
Visit Website

IPO Lead Manager(s)

Dam Capital Advisors Ltd.
Systematix Corporate Services Ltd.

Lead Manager Reports

Lead Manager Performance Summary
Lead Manager Performance Tracker

Contact Details

ESDS Software Solution Ltd. Address

Plot No. B- 24 & 25,

NICE Area, MIDC,

Satpur

Nashik, Maharashtra, 422007

+91 253 711 2244
secretarial@esds.co.in
Visit Website

IPO FAQs

What is the ESDS Software Solution IPO?

ESDS Software Solution IPO is a main-board IPO of 1,67,83,216 equity shares of the face value of ₹1 aggregating up to ₹720 Crores. The issue is priced at ₹408 to ₹429. The minimum order quantity is 34.

The IPO opens on Fri, Aug 28, 2026, and closes on Tue, Sep 1, 2026.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

How to apply in ESDS Software Solution IPO through Angel One?

Angel One customers can apply online in ESDS Software Solution IPO using UPI as a payment gateway. Angel One customers can apply in ESDS Software Solution IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in ESDS Software Solution IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘ESDS Software Solution IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

When ESDS Software Solution IPO will open?

The ESDS Software Solution IPO opens on Fri, Aug 28, 2026 and closes on Tue, Sep 1, 2026.

What is the lot size of ESDS Software Solution IPO?

ESDS Software Solution IPO lot size is 34, and the minimum amount required for application is ₹14,586.

How to apply for ESDS Software Solution IPO?

You can apply in ESDS Software Solution IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

When is ESDS Software Solution IPO allotment?

The finalization of Basis of Allotment for ESDS Software Solution IPO will be done on Wednesday, September 2, 2026, and the allotted shares will be credited to your demat account by Thu, Sep 3, 2026. Check the ESDS Software Solution IPO allotment status.

When is ESDS Software Solution IPO listing date ?

The ESDS Software Solution IPO listing date is not yet announced. The tentative date of listing is Fri, Sep 4, 2026.