ESDS Software Solution IPO allotment is expected today. Check allotment status on NSE, BSE and MUFG Intime, along with GMP and listing date details.
The ESDS Software Solution IPO allotment is expected to be finalised today, September 2, following an exceptionally strong response from investors. The ₹720-crore initial public offering (IPO) was subscribed 135.88 times by the end of bidding on Tuesday.
According to data from the National Stock Exchange (NSE), investors placed bids for 1,67,85,63,340 shares against 1,23,52,942 shares available in the issue.
The qualified institutional buyers (QIB) portion was subscribed 261.51 times, while the non-institutional investor category received 192.94 times subscription. The retail portion was subscribed 39.64 times.
ESDS Software Solution IPO GMP Today
The grey market is also indicating strong investor interest in the issue. According to Investorgain, the ESDS Software Solution IPO was commanding a grey market premium (GMP) of around ₹247.
At this GMP, the shares could potentially list near ₹676 against the issue price of ₹429, representing an indicative premium of about 57.58%. However, GMP is unofficial and does not guarantee the actual listing price.
How to Check ESDS Software Solution IPO Allotment on NSE
Investors waiting for their ESDS Software Solution IPO allotment can check the status through the NSE website by following these steps:
- Visit the official NSE IPO bid verification page.
- Select ‘Equity and SME IPO bids’.
- Choose ‘ESDS Software Solution’ from the symbol list.
- Enter your PAN and application number.
- Click on Submit.
The allotment details will appear on the screen if the status has been updated.
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How to Check Allotment Status on BSE
Investors can also check their ESDS Software Solution IPO allotment through the BSE website.
The process is as follows:
- Open the BSE IPO application status page.
- Select ‘Equity’ under the issue type.
- Select ‘ESDS Software Solution’ as the issue name.
- Enter the required details, such as PAN or application number.
- Click on Submit.
The allotment status will then be displayed.
Check ESDS Software Solution IPO Allotment on MUFG Intime
MUFG Intime is the registrar handling the IPO process. Investors can check their ESDS Software Solution IPO allotment status on the registrar’s website.
To check the status:
- Visit the MUFG Intime public issues page.
- Select ‘ESDS Software Solution’ from the company list.
- Enter details such as PAN, application number or other required information.
- Click on Search.
The system will show the application and allotment status once the information is available.
ESDS Software Solution IPO Listing Date
After the allotment process, investors will be looking forward to the company’s stock market debut. The shares of ESDS Software Solution are proposed to be listed on both the BSE and NSE on September 4.
While the strong subscription figures and grey market premium have created positive expectations, investors should remember that GMP is only an unofficial market indicator. The actual listing price will be determined by market conditions on the listing day.
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