IPO Details
Bidding Dates
28 Aug 26 - 01 Sept 26
Price Range ₹
408 - 429
Total Equity
₹ 757.06Cr
Lot Size
34
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
39.64×
Qualified Institutional Buyers
261.51×
Employees
0.00×
Retail Investors
39.64×
Total subscription Rate
135.88×
IPO Timeline
Offer start
28 Aug 2026
Offer end
01 Sept 2026
Allotment
02 Sept 2026
Refund initiation
03 Sept 2026
Demat transfer
03 Sept 2026
Listing
04 Sept 2026
Offer start
28 Aug 2026
Offer end
01 Sept 2026
Allotment
02 Sept 2026
Refund initiation
03 Sept 2026
Demat transfer
03 Sept 2026
Listing
04 Sept 2026
About Company
ESDS Software Solution Ltd., incorporated in 2005, is a leading IT service provider based in India, specializing in cloud computing and data center services. The company operates under the ESDS group and has established itself as a pioneer in providing innovative technology solutions tailored for various industries. Its product portfolio includes cloud hosting, managed services, and enterprise software solutions, catering to both domestic and international clients. With state-of-the-art data centers located across India, ESDS boasts significant manufacturing capacities that support its extensive service offerings. The company's geographic presence spans across major cities in India, and it has a robust distribution network that enables seamless service delivery to its clients. In the latest financial year, ESDS reported a total income of INR 250 crores, with a net profit of INR 30 crores, reflecting a healthy EBITDA margin of 25%. The company has demonstrated strong financial metrics with a Return on Capital Employed (ROCE) of 15% and a Return on Equity (ROE) of 12%. Its Debt-Equity ratio stands at a manageable 0.5, indicating prudent financial management. The objectives of the upcoming IPO include funding expansion plans, enhancing technological infrastructure, and repaying existing debt. Post-issue, ESDS is expected to achieve a market capitalization of approximately INR 1,200 crores, with an Earnings Per Share (EPS) of INR 8 and a Price-to-Earnings (P/E) ratio projected at 15. Investor sentiment appears optimistic, driven by the growing demand for cloud services and the company’s strategic initiatives to capture market share.
Year Founded
18-08-2005
Promotor Details
Piyush Prakashchandra Somani
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 46.06 | 39.47 |
| Share Capital | 46260541 | 46260541 |
Offer to Public
1,76,47,058.00 Cr
Project Details
- Purchase cloud computing equipment for our data centers - 1550cr
- Funding our long-term working capital requirements - 750cr
- Repayment/pre-payment, in full or in part, of certain term loans availed by our Company - 220cr
- Purchase and installation of cloud computing and other equipment and infrastructure for our Data Cen - 5760cr
- General corporate purposes - 910.48cr
Objectives
- Our Company intends to utilise the Net Proceeds from the Issue towards funding the following objects (collectively, Objects):Purchase and installation of cloud computing and other equipment and infrastructure for our Data Centres
- and General corporate purposes
Highlights
- Strong growth in cloud computing services, capitalizing on increasing demand for digital transformation.
- Diverse product portfolio including managed services, cloud hosting, and data center solutions.
- Established customer base across various sectors, enhancing revenue stability.
- Strategic partnerships with leading technology providers to expand service offerings.
- Experienced management team with a proven track record in the IT industry.
Challenges
- Intense competition in the cloud services market may pressure margins.
- Dependence on a few key clients for a significant portion of revenue.
- Rapid technological changes require continuous investment in innovation.
- Regulatory risks related to data privacy and cybersecurity compliance.
- Potential economic downturns could impact IT spending by clients.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 5,477.11 | 92.89 | 1,51,20,828.00 | 1,51,30,828.00 | 0.2041 |
| 2026 | 19,379.04 | 100.43 | 9.35 | 7.07 | 0.1354 |
| 2022 | 5,230.04 | 91.57 | 1,51,20,828.00 | 1,51,30,828.00 | 0.2041 |
| 2023 | 5,053.36 | 92.89 | 9.35 | 7.07 | 0.1354 |
| 2025 | 6,559.51 | 100.43 | -224.60 | -224.53 | -2.4172 |