ESDS Software Solution IPO Details

Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |

ESDS Software Solution IPO Logo

SEBI has approved the Initial Public Offer (IPO) of ESDS Software Solution Ltd. on December 22, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.

ESDS Software Solution Ltd. IPO is a Book Build Issue

The equity shares are proposed to be listed on NSE and BSE. Dam Capital Advisors Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to ESDS Software Solution IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value1 per share
Price Band
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding IPO
Listing AtBSE, NSE

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeFri, Apr 4, 2025
SEBI/Exchange approval receivedMon, Dec 22, 2025

IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not less than 75% of the Issue
Retail Shares Offered Not more than 10% of the Issue
NII Shares OfferedNot more than 15% of the Issue or the Issue

About ESDS Software Solution Ltd.

Incorporated in 2005, ESDS Software is a leading managed cloud service and end-to-end multi-cloud requirements provider in India. The company provides one-stop solutions to its customers for cloud adoption. The company's offerings can be divided into -

  • Cloud Computing Infrastructure as a Service (IaaS), which includes the company's patented vertically auto-scalable cloud technology platform, 'eNlight Cloud'
  • Software as a Service (SaaS), and Managed Services.

ESDS Software offers products across diversified industries including government ministries & companies and corporate entities across sectors such as BFSI, manufacturing, IT and ITES, telecom, real estate, pharmaceuticals, retail, and education and in several countries across the APAC region, Europe, Middle East, the Americas, and Africa.

The company operates its business through 3 data centres in India, one each in Navi Mumbai, Nashik, and Bengaluru. The data centres cover an aggregate area of over 50,000 sq. feet and are connected on a 10 Gbps backbone network.

Competitive Strengths:

  • "One stop shop" for customer's cloud adoption
  • A robust and scalable business model with multiple levels of growth
  • Innovative billing solutions for customers
  • One of the leading cloud service providers of India
  • Experienced senior management

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets601.78547.71500.70522.56
Total Income173.37292.14212.24198.68
Profit After Tax23.9313.61-22.46-2.66
NET Worth229.93206.36195.34195.39
Reserves and Surplus231.48207.98196.31189.70
Total Borrowing163.71149.04164.83133.48
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Purchase and installation of cloud computing and other equipment and infrastructure for our Data Centres. 480.73
2 General corporate purposes

Key Performance Indicator (KPI)

KPIMar 31, 2024
ROE6.23%
ROCE14.53%
RoNW6.60%
PAT Margin4.75%
Pre IPOPost IPO
EPS (₹)1.36
Promoter Holding46.06%
Piyush Prakashchandra Somani, Komal Piyush Somani and P.O. Somani Family Trust are the company promoters.

IPO Registrar

MUFG Intime India Pvt.Ltd.

Contact Details

ESDS Software Solution Ltd. Address
Plot No. B- 24 & 25,
NICE Area, MIDC, Satpur,
Nashik – 422007, Maharashtra, India
Nashik, Maharashtra, 422007
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IPO FAQs

ESDS Software Solution IPO is a main-board IPO of 0 equity shares of the face value of ₹1 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The ESDS Software Solution IPO open and close dates are not available as of now.

MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in ESDS Software Solution IPO using UPI as a payment gateway. Zerodha customers can apply in ESDS Software Solution IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in ESDS Software Solution IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'ESDS Software Solution IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The ESDS Software Solution IPO dates are not announced. Please check back again after some time.

ESDS Software Solution IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in ESDS Software Solution IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for ESDS Software Solution IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the ESDS Software Solution IPO allotment status.

The ESDS Software Solution IPO listing date is not yet announced. The tentative date of listing is .

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