07 Sep 2026
Trilegal advised the Book Running Lead Managers, DAM Capital Advisors and Systematix Corporate Services on ESDS Software Solution’s IPO of INR 7,200.00 million. This is the first pure-play data centre player (offering AI enabled cloud and GPU services) to be listed in India.
The IPO comprised a fresh issue of 16,783,216 equity shares of face value INR 1 each, aggregating to INR 7,200 million by the company, and was oversubscribed 142.88x overall and 275x in the QIB category.
ESDS Software Solution is a Nashik based, AI-enabled cloud, managed services, data centre infrastructure and software solutions provider in India serving BFSI customers, enterprise customers (including customers in the healthcare, education, energy and utilities, real estate, IT and IT enabled services, agriculture, manufacturing, entertainment and media sectors), and Government customers (including government institutions/departments).
The Trilegal Capital Markets Team advising on the mandate was led by Partner: Abhinav Maker, and supported by Senior Associate: Jayant Saxena, Associate: Mrinal Kumar, and Trainee Associate: Nupur.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With 161 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,300 professionals across its Mumbai, Delhi, Gurugram, Bengaluru, Chennai, Pune, and GIFT City offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Law Firm of the Year at the ET Global Legal Awards 2026, Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com.
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