Edserv Softsystems Ltd IPO

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Public issue of 39,73,908 Equity Shares of Rs.10/- each of Edserv Softsystems Limited (ESSL or the company or the issuer) for cash at a price of Rs. 60/- per equity share (including a share premium of Rs. 50/- per equity share) aggregating to Rs. 23.84 Crores (the issue) out of which 2,00,000 equity shares have been reserved for eligible employees (employee reservation portion). The net issue to the public shall be 37,73,908 equity shares for cash at a price of Rs. 60/- per equity share including a share premium of Rs. 50/- per equity share (the net issue). The issue would constitute 33.10% of the post issue paid-up capital of the company and the net issue would constitue 31.43% of the post issue paid-up capital of the company. Issue Price : Rs. 60/- per equity share of face value of Rs. 10/- each. The Issue price is 6.0 times of the face value

Edserv Softsystems Ltd IPO Subscription Details


Edserv Softsystems Ltd

Issue Type

(Book Built Portion)

Open Date

05 Feb

Close Date

09 Feb

Offer Price


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  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Edserv Softsystems Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630

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Contact Details of Edserv Softsystems Ltd IPO

Company Contact Information

Edserv Softsystems Ltd IPO
24/1 I Flr Thambiah Reddy Road,
West Mambalam,
Chennai, Tamil Nadu 600033.

Email: info@edserve.in

Edserv Softsystems Ltd IPO Register

Karvy Computershare Pvt Ltd

Edserv Softsystems Ltd IPO Lead Manager(s)

  • Ashika Capital Ltd
  • Keynote Corporate Services Ltd

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