ESDS Software Solution IPO

ESDS Software Solution IPO is a bookbuilding issue worth ₹720 crore and comprises an entirely fresh issue of 1.68 crore equity shares. 

The IPO will open for subscription on August 28, 2026, and close on September 1, 2026. The allotment is expected to be finalised on September 2, 2026, while the shares are proposed to be listed on both NSE and BSE on September 4, 2026. 

The IPO has a price band of ₹408 to ₹429 per share, with a lot size of 34 shares. Retail investors need to invest a minimum of ₹14,586 for one lot at the upper price band. 

DAM Capital Advisors Ltd. is the book-running lead manager for the issue, while MUFG Intime India Pvt. Ltd. is the IPO registrar. 

Industry Outlook 

1. Rapid digital transformation across businesses has increased the demand for secure, high-performance and cost-efficient cloud solutions.
2. India’s data centre providers are well-positioned to benefit from regulatory initiatives, as enterprises increasingly require secure, compliant and scalable infrastructure to meet data localisation requirements.
3. ESDS Software Solution is among the leading providers of cloud, managed services, data centre infrastructure and software solutions in India.
4. The Company is one of only two players in India offering the complete range of GPU-as-a-Service (GPUaaS), cloud, managed services, data centre infrastructure and software solutions. 

ESDS Software Solution IPO Objectives  

The net proceeds from the ESDS Software Solution IPO will be utilised for the following purposes: 

1. The company plans to utilise the net IPO proceeds for purchasing and installing cloud computing equipment and other infrastructure for its data centres, with an estimated allocation of ₹576 crore.
2. A portion of the proceeds will also be used for general corporate purposes.
3. The total amount proposed to be utilised from the net proceeds is ₹576 crore. 

About ESDS Software Solution Limited  

Established 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 covering Infrastructure-as-a-Service (IaaS), managed services and Software-as-a-Service (SaaS), catering to customers across the BFSI, government and enterprise segments. In FY 2026, the company served 2,501 customers and reported revenue from operations of ₹4,722.10 million. 

Its IaaS offerings include colocation and data centre services, along with public, private, virtual private, hybrid and community cloud solutions and GPU-as-a-Service (GPUaaS). ESDS operates five Tier 3 data centres across India spanning more than 75,266 sq. ft., supported by redundant power systems, disaster recovery infrastructure and round-the-clock services. Its managed services portfolio covers 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 such as SWARAJ Cloud, its patented cloud autoscaling technology, which has evolved into an AI-enabled cloud platform focused on data sovereignty, scalability, security, compliance and AI capabilities. Its SaaS offerings include data centre management tools, vulnerability scanners, web access firewalls, VPN solutions and AI-powered GPU monitoring solutions. As of June 30, 2026, the company had 993 employees across data centre operations, cloud infrastructure, security management, R&D, sales and service delivery. 

How To Check the Allotment Status of the ESDS Software Solution IPO? 

Steps to check IPO allotment status on Angel One’s app: 

1. Log in to the Angel One app.
2. Go to the IPO Section and then to IPO Orders.
3. Select the individual IPO that you had applied for and check the allotment status.
4. Angel One will notify you of your IPO allotment status via push notification and email. 

Don't miss the next investment opportunity - browse the Upcoming IPO on Angel One. 

How To Apply for ESDS Software Solution IPO Online? 

1. Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
2. Locate the IPO Section: Navigate to the 'IPO' section on the platform.
3. Select IPO: Find and select the ESDS Software Solution IPO from the list of open IPOs.
4. Enter the Lot Size: Specify the number of lots you want to bid for.
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
6. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

Contact Details of ESDS Software Solution IPO  

Registered Office:  ESDS Software Solution Ltd. Address- Plot No. B- 24 & 25, NICE Area, MIDC, 

Satpur, Nashik, Maharashtra, 422007 

Phone: +91 253 711 2244 

E-mail: secretarial@esds.co.in 

ESDS Software Solution IPO Reservation 

ESDS Software Solution IPO Promoter Holding 

The promoters of the company are Piyush Prakashchandra Somani, Komal Piyush Somani and P.O.Somani Family Trust. 

ESDS Software Solution IPO Prospectus 

• ESDS Software Solution IPO DRHP 

ESDS Software Solution IPO Registrar and Lead Managers 

ESDS Software Solution IPO Lead Managers 

• Dam Capital Advisors Ltd.
• Systematix Corporate Services Ltd 

Registrar for ESDS Software Solution IPO 

MUFG Intime India Pvt.Ltd. 

• Contact Number: 022-49186000
• Email Address: esdssoftware.ipo@in.mpms.mufg.com 

Financial Performance of ESDS Software Solution Limited 

Strengths and Opportunities of ESDS Software Solution IPO 

1. ESDS Software Solution has an established position in India, offering end-to-end cloud, managed services, data centre infrastructure and software solutions.
2. The company has built long-term relationships with established banks and enterprise customers.
3. It has strong partnerships with government organisations and contributes to policy advocacy in the digital infrastructure space.
4. The company focuses on AI-driven innovation and has developed patented technologies to strengthen its product and service offerings. 

Risks and Threats of ESDS Software Solution IPO  

1. The company operates in a rapidly evolving technology landscape, and any failure to adopt new technologies, respond to technological advancements or keep pace with changing industry standards could negatively impact its business, financial position and operating performance.
2. Revenue generated directly or indirectly from government entities and government projects accounted for 27.37% in FY 2026, 29.52% in FY 2025 and 34.04% in FY 2024 of the company’s revenue from operations, indicating significant dependence on the government segment.
3. ESDS Cloud FZ-LLC, a subsidiary of the company, reported losses of ₹40.46 million in FY 2025 and ₹60.19 million in FY 2024, which could impact the company’s overall financial performance.
4. Any unauthorised access to the company’s networks or data could damage its reputation, expose it to additional liabilities and adversely affect its financial condition, results of operations and cash flows.