ESDS Software IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 292.14 | 376.64 | 480.65 |
| Expense | 268.76 | 293.91 | 313.23 |
| Profit (PAT) | 13.61 | 55.61 | 120.82 |
| Total Assets | 547.71 | 655.95 | 1,937.90 |
Promoters: Piyush Prakashchandra Somani, Komal Piyush Somani and P.O.Somani Family Trust
Strengths & Risks
- Heavily oversubscribed — 142.8x overall (so far).
- Strong institutional (QIB) demand — 275.0x.
- Revenue grew 28% in the latest reported year.
- Solid profit margin — 25.1%.
- Strong return on equity — 25%.
Our metrics didn't flag a major concern for ESDS Software from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
ESDS Software Solution, founded in August 2005, is an AI-enabled End-to-End IT Service Provider with over 20 years of experience in building and managing IT infrastructure. The company provides data center, cloud, colocation, managed services, and AI infrastructure solutions for government, BFSI institutions, and Enterprises. ESDS offers Infrastructure capable of handling workloads across banking, public services, manufacturing, healthcare, retail, energy, logistics, and other sectors. It operates 5 Tier-III data centers located across Nashik, Navi Mumbai, Bengaluru, Mohali, and Noida, covering over 75,266 sq. ft. Its services include Managed Services, Cloud & Data Migration, Disaster Recovery as a Service (DRaaS), Backup as a Service, Colocation Services, and Data center services. Moreover, ESDS has built its own AI-powered cloud platform, SWARAJ Cloud, focused on data sovereignty, scalability, security, compliance, and AI capabilities.
| Purpose | Amount (Cr) |
|---|---|
| Purchase and installation of cloud computing and other equipment and infrastructure for Data Centres. | 576.00 |
| General Corporate Purpose | - |
Resources & Documents
ESDS Software Solution IPO Limited, Plot No. B- 24 & 25, NICE Area,, MIDC, Satpur, Nashik – 422 007,, Maharashtra, India
ESDS Software has set a price band of Rs 408–Rs 429 per share for an issue size of Rs 720 crore. The stock listed with a 76.46% gain versus its issue price on September 04, 2026.
ESDS Software Solution, founded in August 2005, is an AI-enabled End-to-End IT Service Provider with over 20 years of experience in building and managing IT infrastructure. The company provides data center, cloud, colocation, managed services, and AI infrastructure solutions for government, BFSI institutions, and Enterprises.
The issue is promoted by Piyush Prakashchandra Somani, Komal Piyush Somani and P.O.Somani Family Trust with DAM Capital Advisors Limited, Systematix Corporate Services Limited acting as lead manager. Net proceeds will primarily be used towards Purchase and installation of cloud computing and other equipment and infrastructure for Data Centres. (Rs 576 crore) and General Corporate Purpose.
Grey market is quoting a premium of +Rs 247 (+57.6% over issue price), down Rs 3 from the previous session. Final subscription data records overall subscription at 142.80x, retail at 41.56x, QIB at 274.97x, NII at 202.82x.
On fundamentals, the company is posting revenue growth of 27.6%, a profit margin of 25.1%, return on equity of 25.1% in its most recent reported period. Listed peers in this segment include E2E Networks (P/E -786.66x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.
Our data-driven engine currently flags this issue as a Strong Subscribe — the data suggests strong listing-day potential backed by healthy fundamentals. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
ESDS Software IPO GMP — What It Means
The latest grey market premium for ESDS Software IPO is ₹247 (+57.6%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For ESDS Software it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full ESDS Software GMP history and trend, or learn how grey market premium works and how reliable it is.
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