ESDS Software IPO GMP, Review, dates & Important detail 2021

ESDS Software Solution Limited is a prominent vendor of maintained cloud services and end-to-end multi-cloud solutions in India (Source: Ken Research Report). ESDS Software IPO is likely to hit the stock market in November 2021.

About ESDS Software Solution

In comparison to standard on-premise IT models, they have established a comprehensive cloud framework on which its clients trust.

It is comprising of cloud infrastructure and well-architected services targeted at decreasing costs and providing organisations with safety, freedom, portability, and reliability.

They feel that their diverse portfolio qualifies them as a “one-stop shop” for cloud adoption for their customers.

In India, they also provide various billing models including “pay-per-consumption,” “pay-per-branch” (for BFSI customers), and “pay-per-transaction,” which they feel helps its customers lower their “Total Cost of Operation” (TCO).

Services

They offer two types of services:

Their revolutionary vertically auto scalable cloud technology platform, “eNlight Cloud,” is part of the Cloud Computing Infrastructure as a Service (IaaS).

Software as a Service (SaaS) and Managed Services are two types of software distribution models:

• SaaS is a software distribution model in which they host applications on cloud systems and make them accessible to target consumers on a subscription basis, enabling customers to create, operate, and manage applications.
• Managed Services, via which they provide a variety of services that help businesses optimise and modernise their cloud infrastructure, secure their data, move legacy data to cloud environments, and maintain it on a day-to-day basis.

Cloud Computing Infrastructure as a Service (IaaS)

Public cloud, private cloud, virtual private cloud, hybrid cloud, and numerous community cloud options are all part of their overall IaaS cloud computing services portfolio.

Their vertical autoscaling technology, which drives their IaaS “eNlight Cloud,” is patented in the United Kingdom and the United States.

To offer a high level of data safety across hypervisor systems, the eNlight Cloud respects to international standards and implements the principle of tiered security.

A hypervisor is a type of emulator — software, hardware, or firmware that generates and runs virtual machines and enables one host device to handle numerous guest virtual systems by virtualizing memory and processing resources.

Software as a Service (SaaS)

They offer software solutions and applications that are hosted on their cloud platform and are available on an annual, semi-annual, monthly, or quarterly subscription basis, allowing their clients to develop, run, and manage apps and services.

They offer both in-house and third-party produced apps on a digital marketplace they created called “Spochub.” Spochub allows them and their software partners to provide clients with tailored packages for their solutions.

Vulnerability scanners, which are tools developed to examine computers, networks, or apps for known vulnerabilities, web access firewalls, and VPN — for secure communication — are all part of their SaaS products.

Business Model

They run their firm on an asset light approach, in which they solely hold computational hardware assets, allowing for faster scalability and lower capital costs of operations.

They sell their goods to government departments and corporations in a variety of industries, including BFSI, industrial, IT and ITES, telecommunications, real estate, medicines, commerce, and educational, and in a number of nations in Asia, Europe, the Middle East, the Americas, and Africa.

ESDS Software IPO

ESDS Software Solution limited, headquartered in Nashik has submitted Draft Red Herring Prospectus(DRHP) to Securities and Exchange Board of India(SEBI) for initial public offering (IPO) of INR 322 Crore & 21,525,000 equity shares on 02 September, 2021.

The Offer includes fresh equity of INR 322 Crore and an offer for sale(OFS) up to 21,525,000 equity shares of face value of 1 per share, by the promoters.

They are now waiting for approval from Securities and Exchange Board of India(SEBI) to float the initial public offering (IPO) in the market.

Originally published at https://profitmust.com on September 3, 2021.