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

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 Date | [.] |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Fri, Apr 4, 2025 |
| SEBI/Exchange approval received | Mon, Dec 22, 2025 |
| 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 Offered | Not more than 15% of the Issue or the Issue |
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 -
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:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 601.78 | 547.71 | 500.70 | 522.56 |
| Total Income | 173.37 | 292.14 | 212.24 | 198.68 |
| Profit After Tax | 23.93 | 13.61 | -22.46 | -2.66 |
| NET Worth | 229.93 | 206.36 | 195.34 | 195.39 |
| Reserves and Surplus | 231.48 | 207.98 | 196.31 | 189.70 |
| Total Borrowing | 163.71 | 149.04 | 164.83 | 133.48 |
| Amount in ₹ Crore | ||||
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 |
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 6.23% |
| ROCE | 14.53% |
| RoNW | 6.60% |
| PAT Margin | 4.75% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 1.36 | |
| Promoter Holding | 46.06% |
Lead Manager Reports
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
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 .