· Mainboard · NSE, BSE
Price Band
₹408–429
Lot Size
34 shares
Issue Size
₹720 Cr
Min. Investment
₹14,586
Indicative, updates through the day
Cap price plus current GMP: ₹740 — arithmetic, not a forecast
ESDS Software Solution IPO is a Mainboard issue that listed on NSE, BSE on 4 September 2026. The issue price band is fixed at ₹408–₹429 per equity share with a minimum market lot size of 34 shares, bringing the total issue size to ₹720 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹14,586.
The latest unlisted Grey Market Premium (GMP) for ESDS Software Solution IPO is quoted at ₹311, representing a premium of approximately 72.49% over the upper price band of ₹429. On a simple cap price plus GMP basis, the estimated opening price indicates a listing near ₹740, and informal quotes have risen over recent sessions. Please note that GMP is an unregulated sentiment indicator quoted by off-market dealers; it fluctuates based on supply-demand dynamics and does not constitute a guaranteed listing price. For historical accuracy studies, read our research on IPO GMP accuracy, or compare with live GMP quotes for all active IPOs.
As per the latest exchange feeds from BSE and NSE, ESDS Software Solution IPO has been subscribed 142.64x overall — with QIB at 274.97x, NII at 202.74x, bNII at 219.59x, sNII at 169.04x, Retail at 41.27x, representing over 62,47,517 retail and institutional applications. When the retail category is oversubscribed, SEBI regulations mandate that allotment is determined via an automated computerized lottery where each valid PAN gets one equal chance.
The minimum investment for retail investors is one lot of 34 shares (approx. ₹14,586 at the cut-off price), while the maximum retail bid is capped at 13 lots (under ₹2,00,000). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is MUFG Intime India Pvt. Ltd. (formerly Link Intime), with the basis of allotment finalised on 2 September 2026 and listing completed on 4 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
Issue Price
₹429
Listed At
₹757
Current Price
₹908.4
ESDS Software Solution IPO raises ₹216.00 crore from anchor investors. ESDS Software Solution IPO Anchor bid date is August 27, 2026.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 83,91,607 | 50% |
| − Anchor Investor | 50,34,964 | 30% |
| − QIB (Ex. Anchor) | 33,56,643 | 20% |
| NII (HNI) | 25,17,483 | 15% |
| − bNII > ₹10L | 16,78,322 | 10% |
| − sNII < ₹10L | 8,39,161 | 5% |
| Retail | 58,74,126 | 35% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 34 | ₹14,586 |
| Retail (Max) | 13 | 442 | ₹1,89,618 |
| S-HNI (Min) | 14 | 476 | ₹2,04,204 |
| S-HNI (Max) | 68 | 2312 | ₹9,91,848 |
| B-HNI (Min) | 69 | 2346 | ₹10,06,434 |
EPS (Pre IPO)
12.03
EPS (Post IPO)
10.31
ROE
22.85%
P/E (Pre IPO)
35.66
P/E (Post IPO)
41.61
Price / Book
8.15
Market Cap
₹4,308Cr.
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Capillary Technologies India Ltd. | 298.93 | ₹877.50 Cr | |
| Sotefin Bharat Ltd. | 14.38 | ₹89.76 Cr | |
| Mobilise App Lab Ltd. | 11.88 | ₹20.10 Cr |
ESDS Software Solution Ltd. Address
MUFG Intime India Pvt. Ltd. (formerly Link Intime)