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ESDS Software Solution's ₹720 Cr IPO opens with a ₹408-₹429 price band. Server costs jumped from ₹25 Lakh to ₹1.8 Cr since filing, straining expansion plans. The Nashik-based firm serves 2,500+ customers and reported ₹472 Cr FY26 revenue with ₹120 Cr PAT.
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