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ESDS Software IPO Allotment Expected Today; GMP Suggests Strong Listing

ESDS Software Solutions is expected to finalise the basis of allotment for its Rs 720-crore IPO on September 2, after the issue was subscribed 135.88 times. The grey market premium stood around Rs 251-255, indicating a likely listing price of Rs 680-684, a potential gain of over 58% from the upper price band. Shares are scheduled to list on BSE and NSE on September 4.

By Tertius News AI Desk 2 distinct · 2 mastheads · 2 articles Version 1 Coverage Sep 2, 2026 Published 4h ago

distinct = voices after wire copies and reprints of the same article collapse; mastheads = publisher names; articles = URLs

ESDS Software IPO Allotment Expected Today

ESDS Software Solutions is expected to finalise the basis of allotment for its Rs 720-crore initial public offering (IPO) today, September 2, after the three-day bidding period closed on September 1. The company has fixed the price band at Rs 408 to Rs 429 per equity share, and shares are scheduled to list on the BSE and NSE on September 4.

Subscription Overview

The IPO saw a robust response from investors, with the overall subscription standing at 135.88 times, according to data from the National Stock Exchange (NSE). Investors placed bids for 1,67,85,21,146 equity shares against 1,23,52,942 shares on offer.

Qualified Institutional Buyers (QIBs) led the demand, with their portion subscribed 261.51 times. The Non-Institutional Investors (NIIs) category was subscribed 192.94 times, while the retail investor portion was subscribed 39.64 times.

Grey Market Premium

In the grey market, ESDS Software Solutions shares were commanding a premium of Rs 255 as of the morning of September 2, according to InvestorGain. At the upper end of the price band of Rs 429, this implies an estimated listing price of around Rs 684 per share, translating into a potential listing gain of about 59.44 percent. Another estimate put the grey market premium at around Rs 251, suggesting a likely listing price of Rs 680 and a potential gain of approximately 58.5 percent.

Investors should note that grey market premium (GMP) figures are unofficial and based on grey-market activity and market sentiment. They can change before listing and do not guarantee the actual listing price or future returns.

How to Check Allotment Status

Investors can check their allotment status through the issue registrar, MUFG Intime India, as well as the BSE and NSE websites once the basis of allotment is finalised.

Via Registrar (MUFG Intime India)

Visit the official IPO allotment page at html
Select ESDS Software Solutions from the dropdown.
Choose any of the following: PAN, Application Number, DP ID/Client ID, or Bank Account Number.
Fill in the necessary details and press Search to check your status.

Via BSE Website

Go to the BSE IPO allotment status page.
Select 'Equity' as the issue type.
From the dropdown, choose 'ESDS Software Solution Limited'.
Enter your application number or PAN.
Complete the captcha by ticking 'I'm not a robot' and click on Search.

Via NSE Website

Visit the NSE IPO application tracking page.
Click on 'Equity and SME IPO Bid Details'.
Select 'ESDS' from the list.
Provide details such as your application number and PAN.
Submit to view your allotment status.

The IPO was open for subscription from August 28 to September 1, with the company aiming to raise Rs 720 crore through the issuance of 1.68 crore fresh equity shares of Rs 1 each.

Company Background

Incorporated in 2005, ESDS Software Solutions provides AI-enabled cloud, managed services, data centre infrastructure and software solutions. The company reported revenue from operations of Rs 472.21 crore in FY26 and a net profit of Rs 120.82 crore. It served more than 2,500 customers in FY26 across banking, financial services and insurance, public sector entities, businesses and enterprises.

The company raised Rs 216 crore from anchor investors on August 27. It plans to use Rs 576 crore from the IPO proceeds to purchase and install cloud computing equipment and other infrastructure for its data centres.

How each outlet told it

A framing line is our reading of that outlet's own text — an interpretation, not a quotation and not a fact we assert. Check it against what the outlet published.

The Financial Express

Framing: Promotes the practical utility of the article by focusing on how to check IPO allotment status on BSE, NSE, and MUFG Intime India. — Informational and instructional.

as of Sep 2, 2026, 12:45 PM UTC

Facts Included:

The price band for the IPO was set at Rs 408 to Rs 429.
The grey market premium for the cloud computing company’s offer is currently around Rs 251, suggesting a likely listing price of Rs 680.

Read the source article →

Moneycontrol

Framing: The headline emphasizes the allotment day, where to check the status, and the grey market premium. — informational and promotional

as of Sep 2, 2026, 5:48 AM UTC

Facts Included:

ESDS Software Solutions is expected to finalise the basis of allotment for its Rs 720-crore initial public offering (IPO) today, September 2.
Investors placed bids for 1,67,85,21,146 equity shares against 1,23,52,942 shares on offer.
The IPO opened for subscription on August 28 and closed on September 1.
ESDS Software Solutions has fixed the price band at Rs 408 to Rs 429 per equity share.
The shares are scheduled to list on the BSE and NSE on September 4.
According to InvestorGain, ESDS Software Solutions shares were commanding a grey market premium (GMP) of Rs 255 as of the morning of September 2.
At the upper end of the IPO price band of Rs 429, a GMP of Rs 255 implies an estimated listing price of around Rs 684 per share.
Investors can check their ESDS Software IPO allotment status through the issue registrar (MUFG Intime India), as well as the BSE and NSE websites.
ESDS Software Solutions raised Rs 216 crore from anchor investors on August 27.
The company plans to use Rs 576 crore from the IPO proceeds to purchase and install cloud computing equipment and other infrastructure for its data centres.
Incorporated in 2005, ESDS Software Solutions provides AI-enabled cloud, managed services, data centre infrastructure and software solutions.
The company served more than 2,500 customers in FY26 across banking, financial services and insurance, public sector entities, businesses and enterprises.

Read the source article →

What was claimed, and who backed it

AI-extracted; can misattribute a claim — see Methodology.

Each row is one claim, attributed to the outlet whose wording states it most clearly. Confidence rates how directly the source text states the claim — explicit and unhedged rates high; hedged, pieced-together, or internally inconsistent statements rate lower. It does not measure whether the claim is true. Status is Contested when two claims on this page negate each other; otherwise it counts the mastheads we found asserting that specific claim — so a single-source claim can still show high confidence, and a multi-source claim can show medium. Every one of those outlets is named beside the status, so you can check the count against the list. For claims extracted before we began storing that list, the row says so: it names the outlet the claim is quoted from and states that we have not recorded which outlets backed it. Outlets wrote at different times, so a figure that evolves — a casualty count, for example — can legitimately differ between rows; check the "as of" time next to each claim's source.

Claim	Confidence	Status
ClaimThe price band for the ESDS Software Solutions IPO was set at Rs 408 to Rs 429 per equity share.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via The Financial Express as of Sep 2, 2026, 12:45 PM UTC, Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimThe grey market premium for the ESDS Software Solutions IPO was around Rs 251, suggesting a likely listing price of Rs 680.	ConfidenceHigh	StatusSingle-source via The Financial Express as of Sep 2, 2026, 12:45 PM UTC
ClaimThe grey market premium for ESDS Software Solutions shares was Rs 255 as of the morning of September 2, according to InvestorGain.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimAt the upper end of the IPO price band of Rs 429, a GMP of Rs 255 implies an estimated listing price of around Rs 684 per share.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimThe ESDS Software Solutions IPO was subscribed 135.88 times overall.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via The Financial Express as of Sep 2, 2026, 12:45 PM UTC, Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimQualified Institutional Buyers (QIBs) portion was subscribed 261.51 times in the ESDS Software Solutions IPO.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via The Financial Express as of Sep 2, 2026, 12:45 PM UTC, Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimNon-Institutional Investors (NIIs) category was subscribed 192.94 times in the ESDS Software Solutions IPO.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via The Financial Express as of Sep 2, 2026, 12:45 PM UTC, Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimRetail investors portion was subscribed 39.64 times in the ESDS Software Solutions IPO.	ConfidenceHigh	StatusMulti-source (2 outlets · 2 distinct) via The Financial Express as of Sep 2, 2026, 12:45 PM UTC, Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimInvestors placed bids for 1,67,85,21,146 equity shares against 1,23,52,942 shares on offer in the ESDS Software Solutions IPO.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimThe ESDS Software Solutions IPO was open for subscription from August 28 to September 1.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimESDS Software Solutions is expected to finalise the basis of allotment for its IPO on September 2.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimThe shares of ESDS Software Solutions are scheduled to list on the BSE and NSE on September 4.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimInvestors can check their ESDS Software IPO allotment status through the issue registrar (MUFG Intime India), as well as the BSE and NSE websites.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimESDS Software Solutions raised Rs 216 crore from anchor investors on August 27.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimThe company plans to use Rs 576 crore from the IPO proceeds to purchase and install cloud computing equipment and other infrastructure for its data centres.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimESDS Software Solutions reported revenue from operations of Rs 472.21 crore in FY26.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimESDS Software Solutions reported a net profit of Rs 120.82 crore in FY26.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimESDS Software Solutions was incorporated in 2005.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimESDS Software Solutions provides AI-enabled cloud, managed services, data centre infrastructure and software solutions.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC
ClaimThe company served more than 2,500 customers in FY26 across banking, financial services and insurance, public sector entities, businesses and enterprises.	ConfidenceHigh	StatusSingle-source via Moneycontrol as of Sep 2, 2026, 5:48 AM UTC

Transparency & Audit Trail

2 distinct · 2 mastheads · 2 articles consulted: The Financial Express, Moneycontrol 20 claims extracted Version 1 Written 2026-09-02