ESDS Software Solution IPO Subscription Day 2: Issue Booked 25.77x

Mumbai, August 31: The ESDS Software Solution IPO continued to attract strong investor interest on August 31, 2026, with the issue receiving 25.77 times subscription by the end of Day 2. The ₹720 crore IPO has seen particularly strong demand from NII and retail investors.

The public issue received bids for 30,26,99,858 shares against 1,17,48,252 shares available for subscription. The NII category was subscribed 73.34 times, while the retail portion received 19.67 times subscription.

The QIB portion, excluding anchor investors, was subscribed 0.76 times by the end of Day 2. The issue had received a total of 29,29,002 applications at the latest available update.

The ESDS Software Solution IPO will remain open until September 1, 2026. The shares are proposed to list on both BSE and NSE, with a tentative listing date of September 4, 2026.

ESDS Software Solution IPO Details

The ESDS Software Solution IPO is a ₹720 crore bookbuilding issue. The entire issue comprises a fresh issue of 1,67,83,216 shares, with no offer-for-sale component.

The price band has been fixed at ₹408 to ₹429 per share, while the issue price shown in the provided details is ₹429 per share. The lot size is 34 shares, making the minimum retail investment ₹14,586 at the upper end of the price band.

The IPO opened for subscription on August 28, 2026, and will close on September 1, 2026. The tentative allotment date is September 2, followed by refunds and share credit on September 3.

ESDS Software Solution IPO Subscription Status

The ESDS Software Solution IPO witnessed heavy demand from NII investors on Day 2. The NII category was subscribed 73.34 times, receiving bids for 18,46,22,210 shares against 25,17,483 shares available.

Within the NII segment, bNII investors subscribed 72.23 times, while the sNII portion was subscribed 75.55 times. Both segments recorded substantial demand compared with the shares reserved for them.

Retail investors also showed strong participation, with the category subscribed 19.67 times. The retail portion received bids for 11,55,23,500 shares against 58,74,126 shares offered.

The QIB category excluding anchor investors stood at 0.76 times, with bids for 25,54,148 shares against 33,56,643 shares available. Overall, the IPO was subscribed 25.77 times by the end of Day 2.

Shares offered and total amount are calculated based on the upper price of the issue price range.

Note: The portion of anchor investors is not included in the total number of shares offered.

Day-wise Subscription Details

The ESDS Software Solution IPO opened on August 28, 2026, and entered its second day of bidding on August 31. Subscription levels increased sharply from the first day, with the overall issue moving from 2.21 times on Day 1 to 25.77 times by Day 2.

The NII category recorded the biggest jump, rising from 3.70 times on Day 1 to 73.34 times on Day 2. Retail subscription also increased from 2.84 times to 19.67 times, while QIB subscription moved from 0.01 times to 0.76 times.

About ESDS Software Solution

The provided IPO details do not include detailed information about ESDS Software Solution’s business operations, products or services. The available information identifies the company as the issuer of the ₹720 crore IPO.

Further company information is referred to in the ESDS Software Solution IPO RHP, as indicated in the provided details.

Conclusion

The ESDS Software Solution IPO has received a strong response through Day 2, with the issue subscribed 25.77 times overall. NII investors led the demand at 73.34 times, followed by retail investors at 19.67 times, while the QIB portion excluding anchor investors stood at 0.76 times.

The IPO will remain open for subscription until September 1, 2026. Investors can track the final subscription figures on the closing day, while the tentative allotment is scheduled for September 2, followed by share credit and refunds on September 3. The shares are scheduled to list on BSE and NSE on September 4, 2026.

Source: 

• https://www.chittorgarh.com/ipo/esds-software-ipo/1198/