The ESDS Software Solution IPO comprises an entirely fresh issue of equity shares aggregating up to ₹720 crore.
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ESDS Software SolutionIPO and Priority Jewels witnessed strong demand on the closing day, fetching an overall subscription of 135.88 times and 100.45 times, respectively.ESDS Software Solution IPO saw an overall subscription of 135.88 times. The QIB portion was subscribed 261.51 times, while the NII portion was subscribed 192.94 times. The retail portion was subscribed 39.64 times.For Priority Jewels, the overall subscription stood at 100.45 times. The QIB portion was subscribed 39.87 times, the NII portion 166.49 times and the retail portion 106.76 times.ESDS Software IPOThe ESDS Software Solution IPO comprises an entirely fresh issue of equity shares aggregating up to ₹720 crore. The price band has been fixed at ₹408-429 per share.The company plans to use ₹576 crore of the IPO proceeds to purchase and install cloud computing and other equipment and infrastructure for its data centres. The remaining funds will be used for general corporate purposes.At the upper end of the price band, the issue values the company at a market capitalisation of about ₹5,028 crore.Priority Jewels IPOPriority Jewels has a price band of ₹190-200 per share. The IPO comprises a fresh issue of up to 45.75 lakh equity shares, aggregating to ₹91.50 crore at the upper end of the price band.The comapny raised ₹27.5 crore from four anchor investors, including WhiteOak Capital and Sanshi Fund-I.Both shares will debut on the bourses on September 4.More Like ThisPublished on September 1, 2026
