GENERAL3 Sept 2026
ESDS Software Solution IPO GMP signals near 56% listing gains on Sept 4; check total subscription and other details
ESDS Software Solution's ₹720 crore IPO was subscribed 143 times, with institutions leading the rush. Shares are set to list on BSE and NSE on Sept 3. With the grey market premium at ₹240, the stock may open near ₹669 — a potential 55.94% gain over the ₹429 issue price. The company will use most proceeds for cloud and data centre infrastructure. Check your demat account for allotment.
Key Statutory Highlights
- The ESDS Software Solution IPO was subscribed 143 times, with the QIB portion seeing the strongest response at 274.97 times.
- With the grey market premium at ₹240, shares are estimated to list around ₹669, a 55.94% gain over the ₹429 issue price.
- The ₹720 crore issue is entirely a fresh issue, and ₹576 crore is earmarked for cloud computing and data centre equipment.
Actionable Advice for Taxpayers / Founders:If you applied, verify your allotment status through the registrar MUFG Intime or on the BSE and NSE websites, and remember that grey market premium is unofficial.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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