ESDS Software Solution share price made a bumper debut on the bourses today, Friday, 4 September. On NSE, ESDS Software Solution share price opened at ₹757 per share, 76.46% higher than the issue price of ₹429. On BSE, the stock opened at ₹746.30 apiece, up 73.96% than the issue price.
ESDS Software Solution’s witnessed strong investor demand, with the issuer receiving 135.88 times subscription on the final day of bidding.
ESDS Software Solution IPO allotment was finalised on Wednesday, 2 September. According to details on the BSE website, ESDS Software Solution share price listed in a special pre-open session on both the and NSE during Friday’s trades. ESDS Software Solution share price today are available for trade from 10:00 IST.
Members of the Exchange were notified that starting Friday, 4 September 2026, the equity shares of ESDS Software Solution Limited will be listed and permitted for trading on the Exchange within the ‘B’ Group of Securities, as stated in BSE notice.
ESDS Software Solution IPO GMP today
ESDS Software Solution IPO today, or grey market premium, is +247. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of ESDS Software Solution share price was indicated at ₹676 apiece, which is 57.58% higher than the IPO price of ₹429.
Analysing grey market trends over the past 10 sessions, the current IPO GMP trajectory shows a downward trend and is likely to decline further. Throughout this period, the GMP fluctuated between ₹247 and ₹372, according to experts.
ESDS Software Solution IPO details
The public issue comprises an entirely new issue of equity shares worth up to ₹720 crore, with the price band fixed at ₹408– ₹429 per share.
Of the total IPO proceeds, ESDS plans to deploy around ₹576 crore towards the purchase and installation of cloud computing equipment and other infrastructure for its data centres. The remaining amount will be utilised for general corporate purposes.
DAM Capital Advisors and Systematix Corporate Services are serving as the book-running lead managers for the ESDS Software Solution IPO, while MUFG Intime India has been appointed as the registrar to the issue.
Incorporated in 2005, ESDS provides a range of cloud, managed services, data centre infrastructure and software solutions. The company is among the two players in India offering the complete suite of GPU-as-a-Service (GPUaaS), cloud, managed services, data centre infrastructure and software solutions.
ESDS was also among the early cloud service providers in India to introduce community cloud services, designed to meet the specific data privacy, security, compliance and regulatory requirements of organisations.
During fiscal 2026, the company catered to more than 2,500 customers across sectors including banking, financial services and insurance (BFSI), public sector organisations, businesses and enterprises.
Financially, ESDS reported a rise in revenue from operations to ₹472.21 crore in FY2026, while its net profit stood at ₹120.82 crore.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
