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ESDS Software Solution Ltd.
Closed
Price Band
₹408 to ₹429
IPO Issue Period
28 Aug to 01 Sep, 2026
Issue Size
₹720 Cr
Face value
₹1 per share
Fresh issue
₹720 Cr
Offer for sale
NIL
Minimum Shares for Retail
34 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue - IPO
Registrar to the Issue
MUFG Intime India Pvt. Ltd.
Tentative Listing Date
Fri, Sep 04, 2026
QIB
50%
NII
15%
Retail
35%

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Dam Capital Advisors Ltd.
Systematix Corporate Services Ltd.

Founded in August 2005, ESDS Software Solution Limited is an Indian tech company specializing in cloud services, data centers, and digital security for corporate, banking, and government clients. The company operates five state-of-the-art data centers across India, helping over 2,500 clients run their digital operations smoothly and securely. In fiscal 2026, ESDS generated over ₹472 crore in revenue from its core operational services.

Beyond standard data hosting, ESDS creates its own smart technology solutions, including its signature SWARAJ Cloud platform. Backed by a team of nearly 1,000 professionals, the company provides automated server scaling, cyber defense, network protection, and 24/7 technical support to keep client systems running without interruption.

For the year/period ended (Rs. in Cr.)

FY26 FY25 FY24
Total Revenue 480.65 376.64 292.14
Profit After Tax 120.82 55.61 13.61
EPS 12.03 5.83 1.35
EBITDA Margin (%) 49.60 42.86 35.56
PAT Margin (%) 25.59 15.39 4.75

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY26
Net Profits(Cr.)
FY26
ESDS Software Solution Limited 5028.35* 429 8.15 41.61 480.65 120.82
E2E Networks Limited 12611 613 7.48 405 246 (16)

*Market cap @upper band

  • 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 Customized Billing System.
  • Experienced Directors, KMPs and Senior Management.

The Company ESDS SOFTWARE SOLUTION LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • Purchase and installation of cloud computing and other equipment and infrastructure for Data Centres. (Rs. 576.00 Cr.)
  • General Corporate Purposes.

At the upper band of IPO Rs. 429, the stock is valued at 41.61 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.