ESDS Software Solution Limited IPO Price: ₹408 to ₹429 per share
IPO Dates: 28 Aug to 1 sept, 2026
Company Overview
Incorporated in August 2005, ESDS Software Solution Limited is an AI-enabled provider of cloud, managed services, Data Centre infrastructure, and software solutions in India.
The Company offers an end-to-end portfolio comprising Infrastructure-as-a-Service (IaaS), managed services, and Software-as-a-Service (SaaS), serving customers across BFSI, Government, and enterprise segments.
In Fiscal 2026, the Company served 2,501 customers and reported revenue from operations of Rs 4,722.10 million.
Business Operations
The Company’s operations cover cloud infrastructure, managed services, Data Centre infrastructure, cybersecurity, IT infrastructure and network management, backup and disaster recovery, database management, DevOps services, and software solutions.
Cloud & Data Centre Services
The Company’s IaaS portfolio includes colocation and Data Centre services, public, private, virtual private, hybrid, and community cloud solutions, and GPU-as-a-Service (GPUaaS).
The Company operates five Tier 3 Data Centres across India, covering over 75,266 sq. ft., supported by redundant power, disaster recovery infrastructure, and 24/7 services.
Managed Services
Its managed services include cloud and Data Centre management, cybersecurity, IT infrastructure and network management, backup and disaster recovery, database management, and DevOps services.
Technology & Software Solutions
The Company develops proprietary technology solutions, including SWARAJ Cloud, its patented cloud autoscaling technology.
SWARAJ Cloud has been further developed into an AI-enabled cloud platform focused on data sovereignty, scalability, security, compliance, and AI capabilities.
Its SaaS portfolio includes Data Centre management tools, vulnerability scanners, web access firewalls, VPN solutions, and AI-powered GPU monitoring solutions.
Customer Base
The Company serves customers across BFSI, Government, and enterprise segments.
In Fiscal 2026, the Company served 2,501 customers.
Workforce
As of June 30, 2026, the Company had 993 employees across Data Centre operations, cloud infrastructure, security management, R&D, sales, service delivery, and other functions.
Key Strengths
- Experienced directors, KMPs, and senior management.
- Leading position in cloud, managed services, and Data Centre solutions.
- Comprehensive Security-as-a-Service (SECaaS) framework.
- Long-term relationships with banks and enterprises.
- Strong government partnerships and policy advocacy.
- AI-driven innovations and patented technology.
- Transparent and flexible customised billing system.
Bidding Starts In
ESDS Software Solution Limited IPO Specifics:
| IPO Date | 28 Aug to 1 Sep, 2026 |
| Listing Date | Fri, Sep 4, 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹408 to ₹429 |
| Lot Size | 34 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,67,83,216 shares (agg. up to ₹720 Cr) |
| Fresh Issue | 1,67,83,216 shares (agg. up to ₹720 Cr) |
| Share Holding Pre Issue | 10,04,27,753 shares |
| Share Holding Post Issue | 11,72,10,969 shares |
ESDS Software ESDS Software Solution Limited IPO Timetable (Important Dates)
| Event | Date |
|---|---|
| IPO Open | Fri, Aug 28, 2026 |
| IPO Close | Tue, Sep 1, 2026 |
| Allotment | Wed, Sep 2, 2026 |
| Refund | Thu, Sep 3, 2026 |
| Credit of Shares | Thu, Sep 3, 2026 |
| Listing | Fri, Sep 4, 2026 |
ESDS Software Solution Limited IPO Lot Size
Bidders have the opportunity to bid for a minimum of 34 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| 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 | 2,312 | ₹9,91,848 |
| B-HNI (Min) | 69 | 2,346 | ₹10,06,434 |
ESDS Software Solution Limited IPO Reservation
| Investor Category | Shares |
|---|---|
| QIB | Not more than 50% of the Offer |
| Retail | Not less than 35% of the Net Issue |
| NII | Not more than 15% of the Issue or the Issue |
ESDS Software Solution Limited IPO Financial Information
| Particulars (₹ Cr) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 1,937.90 | 655.95 | 547.71 |
| Total Income | 480.65 | 376.64 | 292.14 |
| Profit After Tax | 120.82 | 55.61 | 13.61 |
| EBITDA | 234.23 | 154.89 | 101.88 |
| Net Worth | 528.81 | 405.55 | 206.36 |
| Reserves & Surplus | 533.62 | 407.54 | 216.62 |
| Total Borrowing | 42.92 | 62.71 | 149.04 |
Key Performance Indicator-ESDS Software Solution Limited IPO
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 25.12% | 17.27% |
| ROCE | 32.78% | 24.73% |
| Debt/Equity | 0.08 | 0.15 |
| RoNW | 22.85% | 13.71% |
| PAT Margin | 25.59% | 15.39% |
| EBITDA Margin | 49.60% | 42.86% |
| NAV | 52.66 | – |
| Price to Book Value | 8.15 | – |
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 12.03 | 10.31 |
| P/E (x) | 35.66 | 41.61 |
| Market Cap at Offer Price | ₹4,308Cr. | ₹5,028.35 Cr |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
ESDS Software Solution Limited IPO RHP
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