loading
loading
ESDS Software Solution IPO listing date has been scheduled for today (Friday, 4 September) on the bourses at 10:00 IST. ESDS Software Solution IPO allotment was finalised on Wednesday, 2 September. According to details on the BSE website, ESDS Software Solution share price will list in a special pre-open session on both the BSE and NSE during Friday's trades. ESDS Software Solution share price today will be available for trade from 10:00 IST. Members of the Exchange are notified that starting Friday, 4 September 2026, the equity shares of ESDS Software Solution Limited will be listed and permitted for trading on the Exchange within the 'B' Group of Securities, as stated in BSE notice. ESDS Software Solution IPO GMP today, or grey market premium, is +247. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of ESDS Software Solution share price was indicated at ₹676 apiece, which is 57.58% higher than the IPO price of ₹429. Analysing grey market trends over the past 10 sessions, the current IPO GMP trajectory shows a downward trend and is likely to decline further. Throughout this period, the GMP fluctuated between ₹247 and ₹372, according to experts. Mahesh M. Ojha, Vice President – Research & Business Development at Kantilal Chhaganlal Securities Pvt Ltd, said ESDS operates predominantly through leased or licensed data-centre infrastructure, enabling the company to expand capacity through an asset-light model with relatively lower upfront investments in land and buildings. According to Ojha, ESDS delivered around 28% revenue CAGR between FY24 and FY26, while its EBITDA margin expanded to 49.6%. The company reported a PAT of ₹120.8 crore in FY26, reflecting strong operating leverage and an improving profitability profile. Ojha highlighted the ₹11,831 crore, five-year AI infrastructure agreement with Sharon AI, involving around 8,208 NVIDIA B300 GPUs, as a key growth driver. He said the agreement provides substantial revenue visibility and positions ESDS to participate meaningfully in the rapidly expanding AI cloud infrastructure market. He added that ESDS has a strong presence across BFSI, government and other regulated enterprises, supported by its SWARAJ Cloud platform and integrated offerings across cloud, data centres, cybersecurity and managed services. However, Ojha cautioned that the company’s valuation, at around 41.8 times FY26 P/E and 21.5 times adjusted EV/EBITDA, leaves limited room for execution disappointments. Key risks include customer concentration, intense competition and rapid technological changes. For IPO allottees, Ojha recommended booking partial listing gains while retaining the balance for the long term. He expects the stock could potentially deliver listing gains of 35–40% or more, subject to overall market conditions and the final issue and listing valuation. “Given the strong AI-led growth opportunity and improving financial profile, investors with a long-term horizon may consider holding a meaningful portion of their allocation to participate in ESDS’ potential growth in AI and cloud infrastructure,” Ojha said. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. <br><br> At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors. <br><br> Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation. <br><br> Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content. Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
document fetched 2026-09-04 02:54 · canonical https://livemint.com/market/ipo/esds-software-solution-ipo-listing-today-gmp-at-rs-247-share-price-prediction-ahead-of-nse-bse-debut-11788482263014.html