ESDS Software Solution IPO

No current grey market premium reading is being quoted for the ESDS Software Solution Limited IPO — the issue has listed and the grey market stops quoting once shares trade on the exchange. The day-wise history on this page shows every reading we recorded. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.

No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.

The premium is checked about every 20 minutes from third-party grey-market reporters while the issue is live. The history table adds a row only when the premium changes, with the date and time it changed, how much it moved and the listing price it implies.

As of 1 Sept, 7:05 pm the ESDS Software Solution Limited IPO is subscribed 135.88× overall: QIB 261.51×, non-institutional 192.94× and retail 39.64×. Figures are the exchange's consolidated demand across NSE and BSE.

The retail portion is subscribed 39.64× as of 1 Sept, 7:05 pm. Retail applications are those up to ₹2,00,000 at the cut-off price.

NSE and BSE publish the category-wise bids for every open issue during bidding hours. This page reads that feed and shows the QIB, NII and retail book, plus one row per day so the build-up over the issue can be compared.

Overall subscription at the end of each bidding day — day 1 (28 August 2026): 2.1×, day 2 (30 August 2026): 2.1×, day 3 (31 August 2026): 24.49×, day 4 (1 September 2026): 135.88× — from the exchange feed. The day-wise table on this page breaks each day into QIB, non-institutional and retail.

Subscription of 2× means bids were received for twice the number of shares offered in that category. When a category is oversubscribed, allotment in it is decided by the registrar under the basis-of-allotment rules — retail by lottery for the minimum lot, for example.

Allotment for the ESDS Software Solution Limited IPO is expected to be finalised on 2 September 2026, the trading day after the issue closes on 1 September 2026. Under SEBI's T+3 timeline refunds and demat credit follow on 3 September 2026 and the shares list on 4 September 2026. Dates are tentative until the registrar and exchange confirm them.

Allotment is decided and published by the registrar, MUFG Intime India Private Limited (formerly Link Intime India Private Limited) — not by the exchange and not by alphave. Open the registrar's IPO allotment page, choose the issue, and enter your PAN, application number or DP ID / client ID. Your bank will also show the blocked amount released if shares were not allotted.

The registrar to the ESDS Software Solution Limited IPO is MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The registrar processes applications, finalises the basis of allotment with the exchange, and handles refunds.

The amount blocked in your bank account under ASBA or the UPI mandate is released, normally on the day allotment is finalised or the next working day. No shares are credited and nothing further is needed from you.

Bidding for the ESDS Software Solution Limited IPO opens on 28 August 2026 and closes on 1 September 2026. Exchange bidding runs from 10:00 am to 5:00 pm IST on each day; UPI mandates must be accepted by 5:00 pm on the closing day, and brokers may stop taking bids somewhat earlier.

The shares are scheduled to list on 4 September 2026 on NSE. Trading starts at 10:00 am IST after the special pre-open session that discovers the listing price.

Applications are made through a broker's app or a bank's net banking using ASBA, or by UPI mandate, between 28 August 2026 and 1 September 2026. The amount is only blocked, not debited, until allotment. Retail bids of up to ₹2,00,000 are usually placed at the cut-off price (₹429); a UPI mandate must be approved by 5:00 pm on the closing day.

1 September 2026 is the last day of bidding. Allotment is then expected on 2 September 2026, refunds and demat credit on 3 September 2026, and listing on 4 September 2026 — tentative until confirmed.

The ESDS Software Solution Limited IPO price band is ₹429 to ₹429 per share. Applications are made at the cut-off price, which is the upper end of the band.

One lot is 34 shares, so a single application at the ₹429 cut-off costs ₹14,586. Retail investors can apply for up to 13 lots within the ₹2,00,000 retail limit.

₹14,586 — one lot of 34 shares at ₹429. Bids in the non-institutional category start above ₹2,00,000 and are made in multiples of the lot.

ESDS Software Solution Limited is a mainboard issue listing on NSE. The lead managers are DAM Capital Advisors Limited, Systematix Corporate Services Limited.

The issue size is ₹757.06 crore, of which ₹720 crore is a fresh issue.

ESDS Software Solution Limited reported revenue of ₹472.21 crore in FY2026, as restated in its offer document. The table on this page shows each reported year.

ESDS Software Solution Limited reported a profit after tax of ₹120.82 crore in FY2026. Earlier years are in the table above.

From the restated financial statements in the company's draft and final offer documents filed with SEBI and the exchange. alphave reports them as filed, in ₹ crore, and does not publish a valuation or a view on the issue.

The promoter and promoter group hold 39.47% after the issue, down from 46.06% before it, as disclosed in the offer document.

Before the issue the promoter and promoter group hold 46.06% of ESDS Software Solution Limited. An unlisted company has no public shareholders; the public holding is created by the shares sold in this IPO.

The pre-issue register is the capital structure disclosed in the offer document; the post-issue pattern is the company's shareholding-pattern filing with NSE or BSE once it is published, and the offer document's disclosed post-issue register until then.

The offer document for the ESDS Software Solution Limited IPO is linked on this page as filed with the exchange; SEBI and the lead managers also host it.

The Draft Red Herring Prospectus is the document a company files with SEBI before an IPO. It describes the business, the financials, the risk factors, the promoters and how the money raised will be used. The Red Herring Prospectus (RHP) is the version filed just before the issue opens, with the price band and dates added.

The company is a leading player offering end-to-end cloud, managed services, Data Centre infrastructure and software solutions in India. The comprehensive Security-as-a-Service (SECaaS) framework enables businesses to proactively manage threats and achieve robust security and compliance objectives. The company has long-term relationships with well-established banks and other businesses. The page lists all 7 as disclosed.

Failure to innovate in response to new technological changes or adapt to evolving industry standards could adversely affect business and results of operations. Revenue from government entities and projects is a substantial portion of total revenue, making the company vulnerable to changes in government policies or budgetary allocations. ESDS Cloud FZ-LLC, a subsidiary, incurred losses in Fiscals 2025 and 2024, and future losses could adversely affect consolidated financial condition. The page lists all 7 disclosed risk factors.

The ESDS Software Solution Limited shares are scheduled to list on 4 September 2026 on NSE. The listing price is discovered in a special pre-open session from 9:00 am and normal trading begins at 10:00 am IST.

ESDS Software Solution Limited listed at ₹757, a gain of 76.5% on the ₹429 issue price.

On listing day the exchange runs a special pre-open session for the new stock from 9:00 am IST in which orders are collected and the listing price is discovered; continuous trading in the shares begins at 10:00 am IST.

Subscription figures are the exchange's own category-wise bids (NSE and BSE), refreshed every 5 minutes while bidding is open and frozen at the final tally after close. GMP is an unofficial grey-market indicator read about once an hour from third-party reporters, each reading timestamped. Price band, lot size, issue size, dates, registrar and lead managers are from the exchange's issue master and the offer document filed with SEBI. Financials and the shareholding pattern are as restated in the offer document; allotment is published only by the registrar, which this page links to. Anchor investor allocations, where shown, are the exchange's anchor allocation file.