ESDS Software Solution Limited IPO (ESDS Software IPO) Detail

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:

ParticularsFor the year/period ended (₹ in Millions)
Total Assets4,604.374,115.962,847.09
Total Revenue1,741.011,605.341,375.41
Profit After Tax54.859.35138.12

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 TypeBook Built Issue IPO
Face Value₹1 per equity share
IPO Price[.] to [.] per equity share
Market Lot
Min Order Quantity
Listing AtBSE, NSE
Issue Size
Fresh Issue[.] Eq Shares of ₹1
(aggregating up to ₹322.00 Cr)
Offer for Sale21,525,000 Eq Shares of ₹1
(aggregating up to ₹[.] Cr)

ESDS Software IPO Promoter Holding

Pre Issue Share Holding90.76%
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

ESDS Software IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

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