IPO-Bound ESDS Software Bags ₹216 Cr From Anchor Investors

by · Inc42

SUMMARY

  • ESDS Software Solution raised ₹216 Cr from anchor investors, including Motilal Oswal, Bandhan, Quant, ITI, JM Financial and Samco funds
  • Domestic mutual funds accounted for nearly 82% of the anchor book, signalling institutional interest ahead of the cloud and data centre company’s ₹720 Cr IPO
  • ESDS allotted 50.35 Lakh shares to 19 funds and entities at ₹429 apiece, the upper end of its IPO price band