Can ESDS Software Solutions IPO Deliver Long-Term Growth for High-Risk Investors?

ESDS Software Solution IPO Day 1 LIVE: GMP hints 76% listing pop | Apply or not?

ESDS Software Solution IPO is set for 28 August, closing on 1 September, with a price band of ₹408– ₹429. The estimated listing price is ₹754, indicating a 75.76% premium. Brokerages recommend long-term investment despite risks, citing strong growth and market demand.

ESDS Software Solutions IPO: What investors need to know before subscribing

The issue comes amid growing demand for cloud and data-centre infrastructure, with analysts highlighting ESDS’ growth, profitability and market positioning.

Can ESDS Software Solutions IPO deliver long-term growth for high-risk investors?

In a bold move, ESDS Software Solutions is set to launch a ₹720 crore IPO to fuel its growth initiatives. The company excels in providing infrastructure, managed, and software services to a variety of sectors, boasting significant revenue and profit increases over the past three years. Yet, it faces risks such as revenue reliance on key clients and inflation of input costs.

IPO-Bound ESDS Software Bags ₹216 Cr From Anchor Investors

Cloud and data centre company ESDS Software Solution has raised ₹216 Cr from anchor investors ahead of the opening of its ₹720 Cr initial public offering (IPO). In its filings with the BSE, the Nashik-based company said that it allotted 50.3 Lakh equity shares to 19 entities at ₹429 apiece, the upper end of its IPO price band. Domestic mutual funds lapped up 41.26 Lakh shares worth nearly ₹177 Cr, accounting for 81.94% of the total anchor alloca…