Incorporated in 2005, ESDS Software is a leading managed cloud service and end-to-end multi-cloud requirements provider in India. The company provides one-stop solutions to its customers for cloud adoption. The company’s offerings can be divided into –
- Cloud Computing Infrastructure as a Service (IaaS), which includes the company’s patented vertically auto-scalable cloud technology platform, ‘eNlight Cloud’
- Software as a Service (SaaS), and Managed Services.
ESDS Software offers products across diversified industries including government ministries & companies and corporate entities across sectors such as BFSI, manufacturing, IT and ITES, telecom, real estate, pharmaceuticals, retail, and education and in several countries across the APAC region, Europe, Middle East, the Americas, and Africa.
The company operates its business through 3 data centres in India, one each in Navi Mumbai, Nashik, and Bengaluru. The data centres cover an aggregate area of over 50,000 sq. feet and are connected on a 10 Gbps backbone network.
Competitive Strengths:
- “One stop shop” for customer’s cloud adoption
- A robust and scalable business model with multiple levels of growth
- Innovative billing solutions for customers
- One of the leading cloud service providers of India
- Experienced senior management
Company Promoters:
Piyush Prakashchandra Somani is the company promoter.
Company Financials:
| Particulars | For the year/period ended (₹ in Millions) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 4,604.37 | 4,115.96 | 2,847.09 |
| Total Revenue | 1,741.01 | 1,605.34 | 1,375.41 |
| Profit After Tax | 54.85 | 9.35 | 138.12 |
Objects of the Issue:
The company intends to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Purchase cloud computing equipment for data centers
- Funding long-term working capital requirements.
- Repayment/pre-payment, in full or in part, of certain term loans availed by the company
- General corporate purposes
- The company will not receive any proceeds from the Offer for Sale
ESDS Software IPO Details
| IPO Opening Date | |
| IPO Closing Date | |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per equity share |
| IPO Price | [.] to [.] per equity share |
| Market Lot | |
| Min Order Quantity | |
| Listing At | BSE, NSE |
| Issue Size | |
| Fresh Issue | [.] Eq Shares of ₹1 (aggregating up to ₹322.00 Cr) |
| Offer for Sale | 21,525,000 Eq Shares of ₹1 (aggregating up to ₹[.] Cr) |
ESDS Software IPO Promoter Holding
| Pre Issue Share Holding | 90.76% |
| Post Issue Share Holding |
Company Contact Information
ESDS Software Solution Limited
Plot No. B- 24 & 25,
NICE Area, MIDC, Satpur,
Nashik – 422 007, Maharashtra, India
Phone: +91 253 6636 500
Email: secretarial@esds.co.in
Website: https://www.esds.co.in/
ESDS Software IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: esds.ipo@linkintime.co.in
Website: https://linkintime.co.in/