ESDS Stock Surge | Exclusive: CMD Piyush Somani On IPO Success, Growth Strategy & Future Plans
ESDS Stock Surge | Exclusive: CMD Piyush Somani On IPO Success, Growth Strategy & Future Plans
Shailendra Bhatnagar
- Updated Sep 10, 2026 5:19 PM IST
ESDS Software Solution made a blockbuster debut on the stock exchanges, listing at a nearly 74% premium and closing 112% higher at ₹908.40. In an exclusive conversation with Business Today, ESDS CMD Piyush Somani discusses the company’s strong IPO response, business growth and expansion strategy. He shares his outlook on the cloud and data-centre business, plans to deploy ₹576 crore of IPO proceeds towards infrastructure and equipment, and the company’s growth roadmap. Somani also discusses ESDS’ AI-enabled offerings, data-centre expansion, government business and future opportunities as demand for cloud computing, managed services and digital infrastructure continues to grow.
