Business Standard

ESDS Software Solution Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

- cr

Price Range (₹)

0

Lot Size

-

Min Investment (₹)

-

Listing Exchange

MumbaiNSE

Open Date

-

Close Date

-

Listing Date

-

ESDS Software Solution Ltd News

    ESDS Software Solution Ltd IPO Details

    Initial public offering of up to [*] equity shares of face value of Rs. 1 each (equity shares) of ESDS Software Solution Limited (The company or the Issuer) for cash at a price of Rs. [*] per equity share (including a premium of Rs.[*] per equity share) (offer price) aggregating up to Rs. [*] crores (offer). The offer comprises of a fresh issue of up to [*] equity shares aggregating up to Rs. 322.00 crores (the fresh issue) and an offer for sale of up to 21,525,000 equity shares aggregating up to Rs. [*] crores comprising of up to 4,231,000 equity shares by GEF ESDS Partners, LLC aggregating up to Rs. [*] crores, up to 16,860,000 equity shares by South Asia Growth Fund II, L.P. Aggregating up to Rs. [*] crores, up to 34,000 equity shares by South Asia EBT Trust (acting through its trustee, Orbis Trusteeship Services Private Limited) aggregating up to Rs. [*] crores (collectively, the investor selling shareholders) and of up to 400,000 equity shares aggregating up to Rs. [*] crores by Sarla Prakashchandra Somani (the promoter group selling shareholder and together with the investor selling shareholders, the selling shareholders) (the offer for sale). The offer will constitute [*]% of its post-offer paid-up equity share capital.

    Objective of issue

    Purchase cloud computing equipment for its data centers. Funding its long-term working capital requirements. Repayment/pre-payment, in full or in part, of certain term loans availed by the company. General corporate purposes.

    ESDS Software Solution Ltd Contact Details

    ESDS Software Solution Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - secretarial@esds.co.in

    Website - www.esds.co.in