Private EquityScreenerRefer

MARKET INSIGHTS

  • EventsNEWPrivate market milestones
  • NewsPrecize daily pulse
  • BlogsIn-depth articles and opinions

GUIDES

Explore Now
  • Unlisted SharesStep-by-step · KYC
  • BuyingStep-by-step · KYC
  • SellingExit in 24 - 48 hours
  • Pre-IPOReturns · risks · case studies
  • Tax GuideBudget 2026 changes
  1. Home
  2. Unlisted share news
  3. ESDS Software Solution files draft papers with Sebi for Rs 600 crore IPO

ESDS Software Solution files draft papers with Sebi for Rs 600 crore IPO

2 Apr 2025

Add as preferred source
Key Takeaways

ESDS Software's Rs 600 crore IPO funds cloud expansion, supported by strong financials and a second public listing attempt.

ESDS Software's Rs 600 crore IPO funds cloud expansion, supported by strong financials and a second public listing attempt.

ESDS Software Solution Unlisted Shares

ESDS Software Solution

DRHP filed0.00%

Expert Analysis

ESDS Software Files ₹600 Cr IPO Draft with Sebi.

Expert Analysis:

  • IPO Details: Filed draft papers with SEBI for a ₹600 crore IPO, solely a fresh issue with no OFS, per DRHP on March 30.

  • Second IPO Attempt & Pre-IPO Placement: ESDS Software's second IPO attempt after its September 2021 filing; may raise ₹120 crore via pre-IPO placement, reducing fresh issue size.

  • Fund Utilization: ₹480.7 crore from the fresh issue will be used for cloud computing equipment, data centres infrastructure, and general corporate purposes.

  • Comprehensive Cloud Services: ESDS Software offers cloud infrastructure, managed services, and data centre solutions, including IaaS, colocation, cloud computing, and SaaS for diverse business needs.

  • Innovative Cloud Solutions: ESDS Software enables cost-efficient, secure, scalable cloud adoption and was among India's first to introduce community cloud services (Nexdigm Report).

  • Business Model & Financials: ESDS operates a multi-tenant model for organizations with similar needs, serving 1,398 customers in six months and earning ₹172 crore revenue and ₹24 crore PAT (as of September 30, 2024).

Publisher:The Ecoonomic Times