ESDS Software Solution
Upcoming28 Aug – 1 Sep 2026
Updated 2026-08-27 (IST)
What ESDS Software Solution does
ESDS Software Solution Limited is an AI-enabled cloud, managed services, Data Centre infrastructure and software solutions provider in India, offering a comprehensive platform of cloud infrastructure and software solutions consisting of Infrastructure as a Service (IaaS), managed services, and Software as a Service (SaaS).
ESDS Software Solution financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| 2024 | 2025 | 2026 | ||
|---|---|---|---|---|
| Sales | 287 | 361 | 472 | |
| Operating Profit | 102 | 155 | 234 | |
| OPM % | 35.6% | 42.9% | 49.6% | |
| Net Profit | 14 | 56 | 121 | |
| Total Debt | 149 | 63 | 43 |
ESDS Software Solution IPO offer structure
Fresh issue: ₹720 cr
The offer-for-sale component is not stated in what we extracted from the offer document, so the full issue size and the split between the two are unknown. This figure is the fresh issue alone, not the total raise. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Purchase and installation of cloud computing and other equipment and infrastructure for our Relevant Data Centres: ₹576 cr
- General corporate purposes
ESDS Software Solution promoters and holding
- PIYUSH PRAKASHCHANDRA SOMANI: Managing Director and Chairman
- KOMAL PIYUSH SOMANI: Whole-time Director
- P.O. SOMANI FAMILY TRUST: Promoter Trust
ESDS Software Solution strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- We are a leading player offering end-to-end cloud, managed services, Data Centre infrastructure and software solutions in India. (p.245)
- Our comprehensive Security-as-a-Service (SECaaS) framework enables businesses to proactively manage threats and achieve robust security and compliance objectives. (p.246)
- We have long-term relationships with well-established banks and other businesses. (p.246)
- Strong Government Partnerships and Policy Advocacy. (p.246)
- AI-driven innovations and patented technology. (p.248)
- If we fail to innovate in response to new technological changes or adapt to evolving industry standards, our business could be adversely affected. (p.27)
- Our revenue from government entities and projects represented a significant portion of our revenue, and changes in government policies may adversely affect us. (p.28)
- Our subsidiary, ESDS Cloud FZ-LLC, incurred losses in Fiscals 2025 and 2024, which may adversely affect our consolidated financial condition. (p.29)
- Any unauthorized access to our network or data could harm our reputation, create additional liability and adversely affect our financial condition. (p.30)
- A significant portion of our revenue is concentrated among our top client and top 10 clients, and any loss of business from them could adversely affect us. (p.31)
ESDS Software Solution peer comparison
Live BSE prices| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| E2E Networks Limited | Rs 626 +1.9% | -819.8x | 82.5% | — | live |
P/E from offer document where live data unavailable. Not a fair-value judgement.
ESDS Software Solution market and competition
We are 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. We face competition from players principally of Indian origin, such as CtrlS Datacenters Limited, Nxtra By Airtel, Yotta Data Services Private Limited, WebWerks India Private Limited, Cyfuture India Private Limited, E2E Networks Limited and Sify Infinit Spaces Limited.
ESDS Software Solution outlook, as the document states it
Our multi-pronged expansion strategy aims to enhance infrastructure capabilities, while ensuring operational efficiency, and customer-centric innovation. We are investing in both cloud node and GPU node servers, storage, and networking equipment, with the majority of the capital expenditure focused on expanding existing infrastructure. In addition, we are planning to open two new Data Centres: one in Kolkata, West Bengal, which we expect to be operational in the third quarter of Fiscal 2027; and one in Sahibabad, Uttar Pradesh, which we expect to be operational in the first quarter of Fiscal 2028.
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ESDS Software Solution IPO: common questions
When does the ESDS Software Solution IPO open and close?
The ESDS Software Solution IPO is open from 28 Aug 2026 to 1 Sep 2026.
What is the ESDS Software Solution IPO price band?
The price band is ₹408–₹429 per share.
What is the lot size and minimum investment for the ESDS Software Solution IPO?
One lot is 34 shares, and a retail application must be at least one lot. That is about ₹14,586 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
What is the grey-market premium (GMP) for the ESDS Software Solution IPO?
As of 27 Aug 2026 the indicative GMP is +79.3%. GMP is unregulated and self-reported. Never decide on it alone.
When are the ESDS Software Solution IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 2 Sep 2026, refund/unblock around 3 Sep 2026 and listing around 4 Sep 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the ESDS Software Solution IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. Bidding opens 28 Aug 2026. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → All live GMP, and its record →
How often do these actually open above the issue price?
Of the 359 mainboard IPOs that have listed on the NSE since 2021, 260 (72%) opened above their issue price, at a median of +10%. That is the segment's own record, not a forecast for this issue.