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ESDS Software Solution IPO GMP History

ESDS Software Solution IPO has been listed on September 4, 2026 at a listing price of ₹757, against the issue price of ₹429 — a gain of ₹328 (+76.46%). The GMP peaked at ₹372 on 29 August 2026 and reached a low of ₹245 on 2 September 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.

ESDS Software Solution IPO raised ₹720 Cr. through its IPO at a price band of ₹408 to ₹429 per share, with a lot size of 34 shares. The IPO was open for subscription from 28 Aug 2026 to 01 Sep 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

GMP trend

Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 8 Sep, 1:37 PM IST.

Peak GMP
₹372
29 Aug 2026
Lowest GMP
₹245
02 Sep 2026
Direction
— stable
Latest day vs the day before

Day-wise GMP

The last reading of each day, newest first. Arrows compare with the previous day.

Date GMP ↑↓ % Kostak Sub. Sauda
04 Sep 2026 ₹ 247 — 57.58% — —
03 Sep 2026 ₹ 247 ▲ 57.58% — —
02 Sep 2026 ₹ 245 ▼ 57.11% — —
01 Sep 2026 ₹ 255 ▼ 59.44% — —
31 Aug 2026 ₹ 316 ▼ 73.66% — —
30 Aug 2026 ₹ 335 ▼ 78.09% — —
29 Aug 2026 ₹ 372 ▲ 86.71% — —
28 Aug 2026 ₹ 360 ▲ 83.92% — —
27 Aug 2026 ₹ 315 ▼ 73.43% — —
26 Aug 2026 ₹ 365 ▲ 85.08% — —
25 Aug 2026 ₹ 275 — 64.10% — —

ESDS Software Solution IPO dates

Key dates from opening to listing. Today is 13 October.

Key dates Listed
  1. Open 28 Aug 2026
  2. Close 01 Sep 2026
  3. Allotment 02 Sep 2026
  4. Refund/credit 03 Sep 2026
  5. Listing 04 Sep 2026

ESDS Software Solution IPO actual listing price

How the grey market's final call compared with the listing-day open.

Issue price₹429
GMP-based estimate (pre-listing)₹676 (+57.6%)
Listing gain / loss +₹328 per share
Listing date04 Sep, 2026
Actual listing price ₹757 (+76.46%)

Is ESDS Software Solution IPO GMP reliable?

Grey market premium for ESDS Software Solution IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:

  • 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
  • 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
  • 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
  • 04Cross-check before acting: Review the ESDS Software Solution IPO full review for a fundamentals-based assessment before making any grey market trades.

ESDS Software Solution IPO Kostak rate explained

Two ways the grey market trades an IPO application before listing.

Kostak
Not available

The Kostak rate for ESDS Software Solution IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.

Subject to Sauda
Not available

The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.

Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.

About ESDS Software Solution IPO

ESDS Software Solution Limited was started in August 2005. It provides cloud services, managed IT services, data centre infrastructure and software, and describes itself as an AI enabled provider. Its customers are in banking and insurance, government and large enterprises, and it served 2,501 customers in FY2026.

The company offers three things together. Infrastructure as a Service covers colocation and data centre services, along with public, private, virtual private, hybrid and community cloud, and GPU as a Service. Managed services cover cloud and data centre management, cybersecurity, IT infrastructure and network management, backup and disaster recovery, database management and DevOps. Software as a Service covers its own tools such as data centre management software, vulnerability scanners, web access firewalls, VPN solutions and AI powered GPU monitoring.

It runs five Tier 3 data centres across India covering more than 75,266 square feet, with backup power, disaster recovery setup and round the clock service. It has also built its own technology, including SWARAJ Cloud, a patented cloud autoscaling system that has since been developed into an AI enabled cloud platform focused on data sovereignty, security and compliance. As on 30 June 2026 it had 993 employees.

View full IPO details →

Frequently asked

What is the GMP of ESDS Software Solution IPO?

The current Grey Market Premium (GMP) of ESDS Software Solution IPO is ₹ 247.

What is the Kostak Price of ESDS Software Solution IPO?

Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for ESDS Software Solution IPO is not available.

What is the Subject to Sauda Price of ESDS Software Solution IPO?

Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.

What was the actual listing price of ESDS Software Solution IPO?

ESDS Software Solution IPO listed on September 4, 2026 at ₹757, against the issue price of ₹429 — a gain of +76.46%.

How did the GMP of ESDS Software Solution IPO trend before listing?

The GMP of ESDS Software Solution IPO was stable in its final days before listing. The GMP peaked at ₹372 on 29 August 2026. View the day-wise table above for the complete GMP history.

Explore ESDS Software Solution IPO further

The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.

ESDS Software Solution IPO GMP

The grey market called it. Now check the fundamentals.

IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.

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Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.

GMP
₹ 247
Kostak
—
Listed at
₹757
Full IPO details