ESDS Software Shares Surge 269% Above IPO Issue Price

10 Sept 2026, 3:09 pm · 2d ago · 1 min read · Inc42

Enterprise cloud and AI firm ESDS Software Solution extended its post-listing rally, locking into upper circuits for the fifth consecutive trading session. The company's shares jumped 10% on both the NSE and BSE to ₹1,582.70 and ₹1,560.35, respectively, taking its market capitalization to approximately ₹18,289 crore ($1.9 billion). ESDS debuted on September 4 at a 76.5% premium on the NSE and has now climbed 268.9% above its IPO issue price of ₹429. The stock has also crossed Choice Institutional Equities' target price of ₹1,550, which recently initiated coverage with a Buy rating.