The private corporation ESDS Software IPO is going to strike in the share market soon. According to the sources, they will issue shares to the public in December 2021. They haven’t revealed the exact opening date of issuing shares yet. However, we are going to tell you about the company’s motive that how many shares they will be offering for subscription, and what would be their price and lot sizes? The company hasn’t disclosed yet that how much they are going to raise their capital through IPO.
But they have comprised the fresh issue of ₹322 crores and offering for sale up to 21,525,000 equity shares with the face value of ₹1 each. The quota for retail investors is 35%, QIB is 50% and HNI is 15%. Let’s have a look at the company’s strengths and important details.
ESDS Software IPO Review & Details
ESDS Software Solution is India’s most trusted cloud service provider. The company deals with the client by providing their community cloud services on the Multi-Tenant model. At present they have established 600 enterprises on Enterprise Community Cloud, 400 Banking & Financial Institutions across India on BFSI Community Cloud as well as 150 Enterprises Across multiple Industries on SAP HANA community cloud. We have mentioned all the details of the company’s IPO below.
ESDS Software IPO Date, Price Band, & GMP
| IPO Opening Date | – |
| IPO Closing Date | – |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per equity share |
| IPO Price | [.] to [.] per equity share |
| Market Lot | N/A |
| Min Order Quantity | N/A |
| Listing At | BSE, NSE |
| Issue Size | N/A |
| Fresh Issue | [.] Eq Shares of ₹1 (aggregating up to ₹322.00 Cr) |
| Offer for Sale | 21,525,000 Eq Shares of ₹1 (aggregating up to ₹[.] Cr) |
ESDS Software IPO Market Lot Size
The ESDS Software IPO minimum market lot size is – shares with the ₹-application amount. The retail investors can apply up to 13 lots-share with the ₹-application amount.
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | – | – |
| Maximum | 13 | – | – |
ESDS Software IPO Date, Time Table, Allotment & Listing
The ESDS Software IPO Open Date is Dec 21, 2021, and the close date is Dec 23, 2021. The issue may list on Dec 31, 2021.
| IPO Open Date | December 2021 |
| IPO Close Date | December 2021 |
| Basis of Allotment Date | December 2021 |
| Initiation of Refunds | December 2021 |
| The credit of Shares to Demat Account | December 2021 |
| IPO Listing Date | December 2021 |
ESDS Software Company Financial Report
| ₹ in crores | |||
| Income | Expense | Profit After Tax | |
| 2019 | ₹138 | ₹120 | ₹13.81 |
| 2020 | ₹161 | ₹157 | ₹0.94 |
| 2021 | ₹174 | ₹165 | ₹5.48 |
We couldn’t give you an ESDS Software IPO Review now until the company gives appropriate data regarding the shares lot price. These are following are the initial plans of the company that we have shared with you. Till then you have to wait for the company’s opening and close date of issuing shares. we will get you further updates about the company’s subscription plans. For more company IPOs reviews keep following us on our site All Social Updates.