[Update] ESDS IPO Subscribed 18.3X On Day 2; NII Portion Booked 51X

by · Inc42

SUMMARY

  • ESDS Software Solution’s ₹720 Cr IPO was subscribed 18.34X by 17:00 IST on the second day of bidding
  • The demand, led by NIIs and retail investors, signalled strong investor appetite for ESDS’ homegrown cloud and AI infrastructure story, even as QIB participation remained muted
  • The NII portion was subscribed 51.16X and the retail category 14.61X, while the QIB portion was booked 0.25X