Explore ESDS Software Solution Ltd.’s IPO subscription status, investor category-wise bidding details, issue information, important dates, and application process through ASBA or UPI.
The ESDS Software Solution Ltd. IPO opened for subscription on 28 August 2026 through the book-building route. The mainboard IPO comprises an entirely fresh issue of 1.68 crore equity shares aggregating to ₹720 Crores. The company provides cloud computing, managed services, data centre infrastructure and software solutions. The IPO proceeds are proposed to be used to fund cloud computing equipment and infrastructure for its data centres, along with general corporate purposes.
The ESDS Software Solution Ltd. IPO received bids from investors across different categories on the first day of subscription. By the end of Day 1, the issue was subscribed 1.61 times overall, with Non-Institutional Investors and Retail Individual Investors recording the strongest demand. The QIB category remained unsubscribed.
The IPO received bids from investors during the subscription period, with category-wise subscription levels varying across investor segments.
| Investor Category | Subscription (Times) |
|---|---|
Qualified Institutional Buyers (QIBs) |
0.00x |
Non-Institutional Investors (NII – bHNI) |
4.43x |
Non-Institutional Investors (NII – sHNI) |
1.44x |
Retail Individual Investors (RIIs) |
2.18x |
Overall |
1.61x |
The bHNI segment recorded the highest subscription at 4.43x, followed by the sHNI segment at 1.44x. Retail investors subscribed 2.18 times their reserved portion, while the QIB category recorded 0.00x. The overall IPO subscription reached 1.61x by the end of Day 1.
The table below highlights the important details of the ESDS Software Solution Ltd. IPO:
| Particulars | Details |
|---|---|
Price Band |
₹408 to ₹429 per share |
Face Value |
₹1 per share |
Lot Size |
34 shares |
Minimum Investment |
₹14,586 (1 lot at the upper price band) |
Issue Size |
₹720 Crores |
Issue Type |
Book Building IPO |
Total Shares Offered |
1.68 Crore shares |
Fresh Issue |
1.68 Crore shares |
Offer for Sale |
Nil |
Listing Platform |
NSE & BSE |
The ESDS Software Solution IPO is entirely a fresh issue, with no offer-for-sale component. The company proposes to utilise ₹576 Crores of the issue proceeds towards the purchase and installation of cloud computing and other equipment and infrastructure for its relevant data centres. The remaining proceeds are earmarked for general corporate purposes.
For detailed insights about the company, issue particulars, and the latest updates, visit the ESDS Software Solution Ltd. IPO on Bajaj Markets.
The following timeline outlines the milestones associated with the IPO:
| Event | Date | Description |
|---|---|---|
IPO Open Date |
28 August 2026 |
Subscription window opens |
IPO Close Date |
1 September 2026 |
Last date to submit IPO applications |
Basis of Allotment |
2 September 2026 |
Expected allotment finalisation |
Initiation of Refunds |
3 September 2026 |
Refunds for unallotted applicants |
Credit of Shares |
3 September 2026 |
Shares credited to successful applicants |
Listing Date |
4 September 2026 |
Expected listing on NSE and BSE |
The IPO is scheduled to remain open from 28 August to 1 September 2026. The basis of allotment is expected to be finalised on 2 September, followed by refunds and credit of shares on 3 September. The shares are scheduled to list on NSE and BSE on 4 September 2026.
Note: These dates represent procedural milestones based on publicly available IPO information and may be subject to changes.
Investors can apply for the ESDS Software Solution Ltd. IPO through the ASBA facility offered by eligible banks or through the UPI-based application process available on broker platforms.
This is a convenient method where the application amount remains blocked in the investor's bank account until the allotment process.
Log in to your internet banking account.
Go to the ‘Investments’ or ‘IPO Application’ section.
Select ‘ESDS Software Solution Ltd. IPO’ from the available list.
Enter your preferred bid quantity and price.
Confirm and submit your application.
The bid amount will remain blocked in your account until allotment.
Upon allotment, the applicable amount will be debited, and the allotted shares will be credited to your Demat account.
You can apply using UPI through your stockbroker’s or financial marketplace’s online platform.
Log in to your trading account or Demat account on your broker’s platform or financial marketplace.
Navigate to the IPO section and select ‘ESDS Software Solution Ltd. IPO’.
Enter your application details, including the number of lots and bid price.
Provide your UPI ID linked to your bank account.
Approve the UPI mandate request through your UPI application.
The funds will be debited as per the allotment outcome.
Once allotted, the shares will be credited directly to your Demat account.
Sources
LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner