1 week ago
ESDS Software Sets ₹720-Crore IPO Price Band, Dates Announced
ESDS Software is a company that provides cloud services, data-centre infrastructure and software.
It plans to sell new shares to the public in an IPO.
The IPO will be open from August 28 to September 1, 2026.
Each share will cost between ₹408 and ₹429.
The company wants to raise ₹720 crore.
Most of the money will be used to buy equipment and expand its data centres.
ESDS reported ₹472.21 crore in revenue and ₹120.82 crore in profit during fiscal 2026.
Its shares are expected to begin trading on the BSE and NSE on September 4.
ESDS Software Solution Ltd has set its IPO price band at ₹408-429 per share.
The ₹720-crore IPO will open on August 28 and close on September 1, 2026.
The entirely fresh issue will have no Offer-for-Sale component, with anchor bidding scheduled for August 27.
The company plans to use ₹576 crore for cloud computing equipment and data-centre infrastructure.
Shares are proposed to list on the BSE and NSE on September 4, with a projected market capitalisation of about ₹5,028 crore at the upper price band.
- Who
- ESDS Software Solution Ltd, an AI-enabled cloud, managed services, data-centre infrastructure and software provider.
- What
- The company announced a ₹720-crore IPO with a price band of ₹408-429 per share.
- Where
- The shares are proposed to be listed on the BSE and NSE; the company is based in India.
- When
- Public subscription is scheduled for August 28-September 1, 2026; anchor bidding is scheduled for August 27 and listing for September 4.
- Why
- To raise funds, including ₹576 crore for cloud computing equipment and data-centre infrastructure, with the remainder for general corporate purposes.
Key facts
- Issue size
- ₹720 crore
- Price band
- ₹408-429 per share
- Subscription period
- August 28 to September 1, 2026
- Fresh issue
- The IPO consists entirely of newly issued equity shares and has no Offer-for-Sale component.
- Planned infrastructure spending
- ₹576 crore for cloud computing and other equipment and data-centre infrastructure
- Fiscal 2026 revenue
- ₹472.21 crore
- Fiscal 2026 net profit
- ₹120.82 crore
Sources
Related news
ESDS Software Solutions IPO Draws Strong Investor Response
ESDS Software Solution IPO Shows Strong Demand, Analysts Say Apply
ESDS Software IPO Set for August Launch Amid Growth, Risks
ESDS Software IPO Fully Subscribed on Opening Day
ESDS IPO Ends With 135.88X Oversubscription
ESDS IPO Subscription Surges Eightfold as NII, Retail Demand Leads
Aakaar Medical Launches XELIX Platform for Verified Dermatologists
Tech CEO's Daily Routine: Meditation, Fitness, and Nature
