ESDS Software Solution IPO allotment in focus today; GMP hints 59% listing pop, 6 steps to check status
ESDS Software Solution IPO allotment is scheduled for today, 2 September. Investors can check their allotment status via MUFG Intime India's portal. The IPO saw a subscription rate of 135.88 times with a grey market premium of +255, projecting a listing price of ₹684.
ESDS Software Solution IPO GMP today, or grey market premium, is +255. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of ESDS Software Solution share price was indicated at ₹ 684 apiece, which is 59.44% higher than the IPO price of ₹ 429.
Considering the grey market activity over the past eight sessions, the current IPO GMP trend indicates a downward trajectory and is likely to decrease further. Throughout this period, the GMP fluctuated between ₹ 255 and ₹ 372, according to analysts.
The initiation of the refund process will start on Thursday, 3 September, for individuals not given shares. Those allotted will receive their shares in their demat accounts on Thursday. ESDS Software Solution IPO listing date is scheduled for Friday, 4 September.
If you have applied for the ESDS Software Solution IPO, you can do a ESDS Software Solution IPO status check on the website of the IPO registrar, which is MUFG Intime India Private Ltd. You can check the ESDS Software Solution IPO allotment status of your application below: ESDS Software Solution IPO :
Visit the website of the IPO registrar, Link Intime India Private Ltd. Here’s the link: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
From the dropdown menu, select the IPO; the name will only be displayed if the allocation has been finalised.
Opt for one of the three available methods to check the status: Application No, Demat Account, or PAN.
Enter the necessary details based on the mode you selected in Step 3.
Go to the allotment page on the official BSE website - ESDS Software Solution IPO allotment status check online - https://www.bseindia.com/investors/appli_check.aspx
Click on 'I am not a Robot' to verify your identity, then press the 'Submit' button.
Go to the official NSE website for checking the ESDS Software Solution IPO allotment status online: https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Dhanya Nagasundaram works as a Content Producer at LiveMint, specializing in news related to financial markets, stocks, and business. With over eight years of experience in journalism and content creation, she has honed her skills in data-driven reporting and market analysis. Her focus is on monitoring stock trends, initial public offerings (IPOs), corporate news, policy shifts, and larger economic trends that affect investors and market players. <br><br> At LiveMint, Dhanya consistently writes and produces articles that make complex financial topics accessible to readers. She keeps a close eye on equity markets, commodities, and macroeconomic indicators, assisting audiences in comprehending how global and domestic events influence investment perspectives. Her stories frequently underscore emerging trends within sectors, the IPO market, company earnings results, and market strategies pertinent to both retail and institutional investors. <br><br> Before her tenure at LiveMint, Dhanya accumulated a wealth of professional experience at various companies, including MintGenie, Informist, Cogenics, Chary Publications, KPMG, and the Royal Bank of Scotland. These positions allowed her to establish a solid foundation in financial research, reporting, and content creation. <br><br> Throughout her career, she has explored numerous subjects such as trading strategies, commodities, IPOs, wealth generation, corporate profits, and macroeconomic indicators. Her background in both financial journalism and corporate settings has given her the ability to tackle stories with analytical rigor while ensuring clarity for her audience. Through her contributions, Dhanya strives to deliver insightful, trustworthy, and investor-centric financial content.
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