- Share.Market
- 7 min read
- 28 Aug 2026
ESDS Software Solution IPO allotment is scheduled for Wednesday, 2 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.
Key Takeaways
- Allotment date: expected to be finalised on Wednesday, 2 September 2026.
- Registrar: MUFG Intime India Pvt. Ltd. — check status there first, or via BSE/NSE.
- Listing date: tentatively set for Friday, 4 September 2026 on both BSE and NSE.
- Price band and lot size: ₹408–₹429 per share, in lots of 34 shares.
- Issue structure: entirely a ₹720 crore fresh issue — there is no offer-for-sale component.
- Use of proceeds: primarily funds data centre equipment and infrastructure, plus general corporate purposes.
ESDS IPO: Key Details at a Glance
| IPO Name | ESDS Software Solution Limited |
| Issue Type | Mainboard |
| Listing At | BSE & NSE |
| Price Band | ₹408 – ₹429 per share |
| Face Value | ₹1 per share |
| Lot Size | 34 shares |
| Minimum Retail Investment | ₹14,586 (34 shares at the upper price band) |
| Issue Size | ₹720 crore (entirely a fresh issue of 1,67,83,216 shares; no offer for sale) |
| Offer for Sale By | Not applicable — the issue is entirely fresh |
| Lead Managers | DAM Capital Advisors Ltd., Systematix Corporate Services Ltd. |
| Registrar | MUFG Intime India Pvt. Ltd. |
What Is the ESDS IPO Timeline?
| Bid Opens | Friday, 28 August 2026 |
| Bid Closes | Tuesday, 1 September 2026 |
| Basis of Allotment (Expected) | Wednesday, 2 September 2026 |
| Refund Initiation (Non-Allottees) | Thursday, 3 September 2026 |
| Credit of Shares to Demat | Thursday, 3 September 2026 |
| Listing Date (Tentative) | Friday, 4 September 2026 |
When Will ESDS IPO Allotment Be Out?
ESDS Software Solution IPO bidding closes on Tuesday, 1 September 2026. Under SEBI’s standard T+1 timeline, the registrar is expected to finalise the basis of allotment the next working day — Wednesday, 2 September 2026. Refunds for non-allottees (ASBA amounts are unblocked automatically; other payment modes receive an actual refund) and the credit of shares to allottees’ demat accounts are expected on Thursday, 3 September 2026, with listing on BSE and NSE tentatively set for Friday, 4 September 2026. None of these dates falls on a weekend or market holiday, so no further adjustment applies.
How to Check ESDS IPO Allotment Status
Method 1: Via MUFG Intime India Pvt. Ltd. (Registrar)
MUFG Intime India Pvt. Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.
- Visit the MUFG Intime India Pvt. Ltd. IPO allotment status page.
- Select “ESDS Software Solution Limited” from the company dropdown.
- Choose your verification method — PAN, Application Number, or DP/Client ID.
- Enter the details and submit to view your allotment status.
Method 2: Via BSE
- Visit the BSE Application Status Check page.
- Select “ESDS Software Solution Limited” as the issue name.
- Enter your Application Number and PAN.
- Submit to view your status. Data stays available on BSE for about a week after issue closure.
Method 3: Via NSE
- Visit NSE’s bid verification page.
- Complete one-time registration with your PAN if you haven’t already.
- Select “ESDS Software Solution Limited” and view your application status.
How Is the Basis of Allotment Decided?
The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including ESDS. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.
What Happens If You’re Not Allotted Shares?
If you don’t receive an allotment in the ESDS Software Solution IPO, the ASBA amount blocked in your bank account is unblocked automatically — no separate refund request is needed. This is expected around Thursday, 3 September 2026, the same day allotted shares are credited to successful applicants’ demat accounts. If you applied through a payment mode other than ASBA, the actual refund follows the same T+2 timeline.
What Will ESDS Do With the IPO Proceeds?
ESDS Software Solution’s IPO is entirely a fresh issue, so the full ₹720 crore raised goes to the company itself rather than to any selling shareholder; there is no OFS component splitting off part of the proceeds. Per the RHP, roughly ₹576 crore is earmarked for purchasing and installing cloud computing equipment and other infrastructure for the company’s data centres, with the remainder set aside for general corporate purposes.
Who Is ESDS Software Solution Limited?
ESDS Software Solution was started informally in November 2003 by Piyush Somani and a group of friends as a web-hosting support business run out of a kindergarten centre in Nashik, and was formally registered as ESDS Software Solution in 2005. After a difficult pivot around 2006 when the original client base shrank, the company moved into building and operating its own data centre infrastructure, launching its first facility in 2010 and a larger Mumbai data centre in 2016. Today ESDS operates as an AI-enabled, end-to-end IT services provider running five Tier-III data centre facilities across India, offering managed cloud hosting, data centre colocation, and cybersecurity services to clients spanning BFSI, government, and enterprise sectors. The company’s promoters are Piyush Prakashchandra Somani, Komal Piyush Somani, and the P.O. Somani Family Trust.
Related Reading on Share.Market
ESDS is one of several IPOs currently open or upcoming. Track live and upcoming mainboard and SME IPOs on the Share.Market IPO page, and read our related guides on how to check IPO allotment status, how to invest in an IPO and how many lots to apply for to improve your chances of allotment.
Don’t want to miss the next IPO? Open a free demat account on Share.Market in minutes and apply the moment bidding opens.
FAQs
The basis of allotment for the ESDS Software Solution IPO is expected to be finalised on Wednesday, 2 September 2026, a day after bidding closes on 1 September 2026.
You can check status using your PAN or DP/Client ID instead of the application number, on the MUFG Intime registrar page, BSE’s Application Status Check page, or NSE’s bid verification page.
MUFG Intime India Pvt. Ltd. is the official registrar for the ESDS Software Solution IPO.
DAM Capital Advisors Ltd. and Systematix Corporate Services Ltd. are the book-running lead managers for the issue.
ESDS Software Solution is tentatively set to list on both BSE and NSE on Friday, 4 September 2026.
If you’re not allotted shares, the ASBA amount blocked in your bank account is unblocked automatically, expected around Thursday, 3 September 2026 — the same day shares are credited to allottees’ demat accounts.
If the retail category is oversubscribed, allotment is decided through a computerised lottery, so each successful applicant gets at least one full lot. NII and QIB categories are allotted proportionately to the shares bid for.
Since the issue is entirely a fresh issue, the full ₹720 crore goes to the company, primarily around ₹576 crore for data centre equipment and infrastructure, with the balance for general corporate purposes.
No. The entire ₹720 crore issue is a fresh issue of new shares; there is no offer-for-sale portion, so no existing shareholder is selling shares in this IPO.
ESDS Software Solution is an AI-enabled, end-to-end IT services provider operating five Tier-III data centres across India, offering managed cloud hosting, data centre colocation, and cybersecurity services to enterprise, BFSI, and government clients.