IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

ESDS Software Solutions Limited comprises a fresh issue of Rs 322 crore and an offer for sale of 2,15,25,000 equity shares by existing shareholders and promoters.

ESDS Software has built a comprehensive cloud platform that manages cloud service and end-to-end cloud requirement. Their cloud platform consists of a well-architected cloud infrastructure that reduces the cost and provides safety to your customers. Due to the diverse portfolio of ESDS Software Solutions, they have positioned themselves as a “one-stop-shop” for their customer’s cloud adoption. 

Their comprehensive IaaS cloud computing services portfolio includes public cloud, private cloud, virtual private cloud, hybrid cloud and various community cloud offerings. 

ESDS Software Solutions IPO Objectives:

  • The fund will be utilised to purchase cloud computing equipment for our data center
  • A part of the fund will be used for general corporate purposes (such as: working capital, brand building exercises, expenses incurred in the ordinary course of business, etc), s approved by the Board, from time to time.

Why should you invest in ESDS Software Solutions:

  • Due to IT adoption led by cloud computing by the firms, there has been a huge transformation of backend operations resulting in an intensified value proposition for the customers. With the advancement of cloud services, a lot of small companies got access to technological capabilities which was prior available to large enterprises only. 
  • Due to the impact of Covid 19 in 2020, the cloud service got accelerated. During the first quarter of 2020, the use of cloud computing increased by 35%, compared to the fourth quarter of 2019. The shift to work-from-home led the firms to choose cure, reliable, scalable, and cost-effective technology services across the country.

Competitive Analysis Market Peers:

There was no competitor analysis for ESDS Software Solutions

IPO Financials

Metrics FY2021 FY2020 FY2019
Total Income (in millions) 1,741.01 1,605.34 1,375.41
EBITDA 638.05 517.23 471.46
EBITDA Margin (%) 36.65 32.22 34.28
Revenue from long-term contracts (as a % of the total revenue for that respective year) 92.88 84.38 88.53
Revenue from existing customers (as a % of the total revenue for that respective year) 88.53 74.53 69.22
New customers added during the period (nos) 406 318 297
Revenue from top 20 customers (as a % of the total revenue for that respective year) 50.90 53.63 59.87
Average revenue per customer (in million) 24.39 23.40 20.96
Revenue from IaaS (as a % of the total revenue for that respective year 51.15 52.99 54.90
Revenue from SaaS & Managed Services (as a % of the total revenue for that respective year) 48.85 47.01 45.10

Know before investing

Strengths

3
  1. The brand’s one-stop-shop for cloud adoption helps them in customer acquisition and retention and set them apart from other competitors.

  2. ESDS Software Solutions has introduced several billing solutions to add value to their customers.

  3. The brand is one of India’s leading managed cloud service and end-to-end multi-cloud requirements providers.

Risks

3
  1. As the firm is involved cloud computing infrastructure services, any inability of the company to prevent service disruptions could adversely impact business.

  2. Any online security breach can harm the reputation of the brand resulting in a financial impact.

  3. The brand’s growth depends on its ability to maintain a successful relationship with our technology and business collaboration Partners. Any deterioration in the relationship may affect the business severely.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

ESDS Software Solution Ltd IPO FAQs

What is ESDS Software Solutions IPO?

ESDS Software Solutions Limited comprises a fresh issue of Rs 322 crore and an offer for sale of 2,15,25,000 equity shares by existing shareholders and promoters.

When will the ESDS Software Solutions IPO allotment be available?

Details are not available.

What will be the ESDS Software Solutions IPO lot size?

Details are not available.

When will ESDS Software Solutions IPO open for subscription?

Details are not available.

What minimum lot size can retail investors subscribe to?

Retail investors can apply for a minimum of one lot.

When will ESDS Software Solutions list on exchanges?

Usually, it takes ten working days from the last day of subscription to finally list the IPOs on the stock exchanges.

How to check the allotment status of ESDS Software Solutions IPO?

Angel One investors can log in to their account to check the allotment status of ESDS Software Solutions IPO.

Which exchanges will ESDS Software Solutions IPO list on?

The IPO will list on NSE and BSE exchanges.

Is it possible for NRIs to use Angel One App to apply for ESDS Software Solutions IPO?

NRIs can apply for ESDS Software Solutions IPO through Angel One App using their UPI app if their bank supports it for NRE/NRO accounts.

Is it necessary to approve a UPI mandate request immediately?

Approving the UPI payment is the final step of the IPO application. You will get T+1 days to approve the payment mandate in your UPI handle.

How to apply for this ESDS Software Solutions IPO via the Angel One App?

To apply for the IPO from the Angel One app, search for ESDS Software Solutions in the active IPO list and click on apply.

What is the minimum order quantity for ESDS Software Solutions IPO?

Details are not available.