ESDS Software Solution Share Price: Stock Hits 20% Upper Circuit on 2nd Day Post Listing

ESDS Software Solution shares soared 154.09% above the IPO issue price, reaching ₹1,090.05 and hitting a 20% upper circuit in two days since listing.  

This sharp increase in share value reflects the strong demand following a well-received IPO. 

Listing Day Performance of ESDS Software Solution 

The shares debuted at ₹757 on the NSE, a 76.46% premium over the IPO issue price of ₹429. On the BSE, shares opened at ₹746.30, reflecting a 73.96% premium. The initial surge of 112% on the listing day illustrates the enthusiastic market response. 

Post-Listing Share Movements 

Following the listing day rally, ESDS Software Solution shares locked at ₹1,090.05 hitting the 20% Upper circuit on the NSE. This translates to a cumulative 154.09% increase from the initial IPO price of ₹429, as investors benefitted from an extraordinary demand for the stock. 

IPO Subscription Details 

The IPO bidding window, opened from August 28 to September 1, 2026, closed with an aggregate subscription figure of 142.88 times. The public category saw the Qualified Institutional Buyers (QIB) section oversubscribed by 274.97x, followed by Non-Institutional Investors (NII) at 202.87x, and the retail portion at 41.68x. 

Utilisation of IPO Proceeds 

The IPO proceeds amounting to ₹720 crore will be utilised primarily for infrastructure expansion. ₹576 crore is designated for acquiring and installing cloud computing equipment. The remaining funds are allocated for general corporate purposes. 

Background of ESDS Software Solution 

Founded in 2005, ESDS Software Solution is a key player in cloud computing, managed services, and data centre infrastructure. The company serves over 2,500 clients, including major sectors like BFSI and public sector organisations. 

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ESDS Software Solution Share Price Performance 

As of September 07, 2026, at 2:21 PM, ESDS Software Solution share price on NSE was trading at ₹1,090.05, up by 20.00% from the previous closing price. 

Conclusion 

ESDS Software Solution shares increased by 154.09% from the IPO price of ₹429 to ₹1,090.05, with significant subscription levels indicating strong market interest. The IPO raised ₹720 crore for infrastructure expansion. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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