ESDS Software Solution Stock Surges 112% on IPO Debut; What Investors Need to Know
· Business · LiveMint, Economic Times
ESDS Software Solution’s stock opened at a 76.5% premium to its ₹429 IPO price, closing 112% higher at ₹908.4 on its first trading day. The IPO was oversubscribed 135.88 times, with anchor investors raising ₹216 crore and retail investors subscribing 41.68 times. The company, which operates seven data centres across India—including Nashik, Bengaluru, and Noida—offers colocation, cloud hosting, and AI-enabled infrastructure like GPU-as-a-service. Its diversified model spans data centres, cloud, managed IT services, and cybersecurity, with ₹576 crore allocated for cloud infrastructure expansion. Revenue and net profit grew 27.7% year-over-year in FY26, but the stock’s volatility remains a key risk.
Why it matters
Investors and tech enthusiasts must weigh ESDS’s strong IPO performance against its high valuation and market volatility, while businesses relying on its data centre and cloud services assess long-term reliability. The company’s AI and GPU investments could drive future growth but also expose it to sector-specific risks.
Read the original report — LiveMint
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