ESDS Software Solution IPO

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About this issue

ESDS Software Solution is a Mainboard issue. The grey market premium is +55.9% (+₹240), which is an informal figure and not a quoted price. Our call is Risky, on 67% of our checks. This is provisional while bidding is open.

Segment
Mainboard
Issue size
₹600 Cr
Grey market premium
+55.9% (+₹240)
Our call
Risky

Who the shares are reserved for

CategoryShare of the offer
Qualified institutionsAt least 75%
Non-institutionalAt most 15%
RetailAt most 10%

As stated in the issue’s prospectus. The exact quantities are published when the issue opens.

Where the money goes

PortionAmountShare
Fresh issueNew shares. The company raises this.₹600 Cr100%
Offer for saleExisting shares. The sellers take this.0%
Total issue size₹600 Cr100%

What we checked

7 further checks could not be judged, because the issue did not disclose enough. They count neither for nor against.

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