ESDS Software Solution Listing Price: Stock Debuts 76% Above IPO Price On NSE, BSE
- 4th September 2026
- 11:00 AM
- 3 min read
Summary
ESDS Software Solution shares listed on the NSE and BSE on 4 September 2026, debuting at ₹757 and ₹746.30 respectively, a premium of over 76% and 73% to the ₹429 issue price. The ₹720 crore IPO was subscribed 142.88 times overall during its 28 August to 1 September bidding window.Mumbai | 4 September 2026
ESDS Software Solution Ltd, a cloud and data centre infrastructure provider, listed on the NSE and BSE on Friday, 4 September 2026. The stock opened at ₹757 per share on the NSE, a premium of 76.46% over the ₹429 issue price, and at ₹746.30 per share on the BSE, a premium of 73.96%. At the BSE listing price, the company’s market capitalisation stood at ₹8,747.45 crore.
What Was ESDS Software Solution’s Listing Price And Premium?
ESDS Software Solution shares listed at ₹757 on the NSE and ₹746.30 on the BSE against the ₹429 issue price. The last grey market premium (GMP) for the issue, updated at 5:54 am on 4 September 2026, stood at ₹247, or 57.58%, implying an expected listing price of ₹676. The stock’s actual NSE listing price came in above this GMP-based estimate.
GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock.
How Was ESDS Software Solution IPO Subscribed?
The ESDS Software Solution IPO was subscribed 142.88 times overall by the close of bidding on 1 September 2026. The qualified institutional buyer (QIB) category was subscribed 274.97 times, the non-institutional investor (NII) category 202.87 times and the retail category 41.68 times.
What Were The Key Details Of ESDS Software Solution IPO?
The ESDS Software Solution IPO was entirely a fresh issue worth ₹720 crore, priced in a band of ₹408 to ₹429 per share, with a lot size of 34 shares. The company raised ₹216 crore from anchor investors ahead of the issue opening. Dam Capital Advisors Ltd was the book-running lead manager and MUFG Intime India Pvt Ltd the registrar. The stock trades on the BSE under script code 544898 and on the NSE under the symbol ESDS.
The IPO opened on Friday, 28 August 2026, closed on Tuesday, 1 September 2026, and listed on Friday, 4 September 2026.
How Will ESDS Software Solution Use The IPO Proceeds?
ESDS Software Solution plans to use ₹576 crore of the fresh issue proceeds to purchase and install cloud computing equipment and infrastructure for its data centres, with the remainder going towards general corporate purposes.
What Does ESDS Software Solution Do?
ESDS Software Solution Ltd is an artificial intelligence (AI)-enabled cloud, managed services, data centre infrastructure and software solutions provider. It served more than 2,500 customers in FY2026 and generated 100% of its revenue from technology and cloud-related operations.
The company recorded a compound annual growth rate (CAGR) of 28.4% in revenue, 51.6% in EBITDA and 186.9% in profit after tax (PAT) between FY24 and FY26, with its EBITDA margin expanding from 35.6% to 49.6% over the period.
Stay updated on Indian equity and commodity markets. Read more market news on PL Capital.
Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing.
This is a knowledge-sharing initiative by PL Capital. The information provided is only for educational purposes and should not be considered as financial advice & has no influence on the investment/trading decisions of any investors.
For detailed disclaimers/disclosure and Mandatory terms and conditions please visit our website https://www.plindia.com/regulatory-content/
