Blockbuster listing - ESDS Software Solution Limited’s IPO lists at Rs 757 on the exchange, reaches a high of Rs 908.4 on NSE
September 04, Mumbai: Shares of ESDS Software Solution Limited, which is an end-to-end AI-enabled cloud, managed services, data centre infrastructure and software solutions provider in India, listed at Rs 757 on the exchange, a premium of 76.5% to IPO price.
The scrip reached a high of Rs 908.4 on the NSE, and Rs 895.55 on the BSE. The scrip closed at Rs 895.55 on the BSE, and at Rs 908.4 on the NSE.
As per NSE, the total quantity traded stood at 157.9 lakh shares, on BSE the total Quantity stood at 18.08 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1461.3 crore.
The market capitalization of the Company at today’s closing price stood at Rs 10,496.8 crore as per BSE, and Rs 10,647.4 crore as per NSE.
The issue received bids of 1,67,85,63,340 equity shares against the offered 1,23,52,942 equity shares, according to data available on the stock exchanges.
Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 261.51 times and 39.64 times, respectively. Non-Institutional Investors (NII) portion was subscribed 192.94 times.
About the Company
Incorporated in 2005, the company is an end-to-end AI-enabled cloud, managed services, data centre infrastructure and software solutions provider in India. It is one of the only two players in India providing the entire spectrum of GPUaaS cloud, managed services, data centre infrastructure and software solutions in India (source: Nexdigm Report, page 7). Further, among the two, it is the largest in terms of revenue from operations in Fiscal 2026 (source: Nexdigm Report, page 77), with a revenue from operations of ₹ 472.2 crore in Fiscal 2026.
The company offers a comprehensive platform of cloud infrastructure and software solutions consisting of infrastructure as a service (IaaS), which is broadly divided into colocation and data centre services, cloud services and cloud computing, managed services and software as a service (SaaS), which allows it to provide well architected cloud-adoption solutions to its customers aimed at reducing their cost while providing security, flexibility, scalability and reliability.
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