ESDS Software Solution IPO Date, Review, Price and Key Information

ESDS Software Solution Limited IPO is fully book build issue and total IPO size is ₹600 crores. The entire share offering is a fresh issue worth ₹600 crores.

The dates for the ESDS Software Solution Limited IPO have not been announced yet. The allotment process is expected to be finalized by [.].

The ESDS Software Solution Limited IPO is scheduled to list on BSE, NSE, with a listing date of [.]. The price band for the ESDS Software Solution Limited IPO has not been announced yet.

Registrar for this IPO is Mufg Intime India Private Limited and lead managers for ESDS Software Solution Limited IPO are Dam Capital Advisors Limited, Systematix Corporate Services Limited.

IPO Schedule

IPO Open Date	-
IPO Close Date	-
IPO Allotment Date	-
Refund Initiation	-
Share credit in Demat	-
Listing Date	-

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹1 Per Equity Share
Total Issue Size	₹600.00 Crores
Fresh Issue	₹600.00 Crores
Issue Type	Fresh Issue
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	75%
Retail	10%
NII/HNI	15%

About ESDS Software Solution Limited Company

This company is a leading end-to-end AI-enabled cloud, managed services, data center infrastructure, and software solutions provider in India. They offer a comprehensive platform encompassing Infrastructure as a Service (IaaS), Managed Services, and Software as a Service (SaaS). The company operates four data centers in India, boasting "Tier 3" status and interconnected by a high-speed fiber network.

Key highlights include CTRLS and Nxtra By Airtel showcasing significant EBITDA figures, with CTRLS achieving a margin of 47.38%. E2E Networks displays strong margin growth, reaching 66.14% in H1’25. ESDS has shown a good recovery in Return on Capital Employed (RoCE) figures and has turned a profit in Fiscal 2024 after previous losses, achieving a margin of 4.75%.

The company serves a diverse clientele across BFSI, Government, and Enterprise sectors. The Indian cloud services market is experiencing rapid growth, driven by the Digital India initiative, presenting substantial opportunities for the company's expansion.

ESDS Software Solution Limited Financial Details

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	601.77	547.71	500.70	522.56
Revenue	172.15	286.52	207.57	195.36
Profit After Tax	23.93	13.61	-22.46	-2.66
Net Worth	249.51	226.51	210.15	205.27
Reserves and Surplus	231.48	207.98	196.31	189.70
Total Borrowing	163.71	149.04	164.83	133.48

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
1.35	6.60%	22.21

Offer Objectives

The Offer Objects section details the proposed utilization of the net proceeds from the fresh issue of equity shares. The company plans to raise up to ₹600 crore through this issue.

Utilization of Net Proceeds:

1. Purchase and Installation of Cloud Computing and Infrastructure: ₹480.729 crore is allocated for the purchase and installation of cloud computing equipment, storage, and infrastructure at the Data Centers, planned over fiscals 2026 and 2027. This includes augmenting compute and storage capacity, and upgrading existing cloud servers and infrastructure.

2. General Corporate Purposes: The remaining funds will be deployed for general corporate purposes, but will not exceed 25% of the Gross Proceeds.

Pre-IPO Placement: A Pre-IPO placement of up to ₹120 crore may be considered before filing the Red Herring Prospectus. If undertaken, the amount raised will be reduced from the issue size.

Implementation Schedule: The deployment of net proceeds is scheduled for Fiscal 2026 and Fiscal 2027.

The company confirms that there's no requirement to have firm financial arrangements under SEBI ICDR Regulations.