E2E Networks Limited IPO

E2E Networks Limited Profile:

E2E Networks IpoE2E incorporated in 2009, based in Haryana. E2E Networks provides Cloud Computing Infrastructure and Managed Services. They have built their own Cloud Infrastructure and developed their own Technology Stacks, making their Cloud Infra offering among the most affordable in the market. Their full cloud agnostic CloudOps Platform supports 2,000+ public clouds across the world. The CloudOps platform uses a blend of automation delivered via technology combined with human intelligence, to reduce the workload of in-house DevOps team.

The CloudOps platform makes use of a completely unique combo of automation brought through generation blended with human intelligence, to drastically reduce the workload in-house DevOps team through releasing them from the concern of handling Run the business (RTB) troubles.  E2E Networks is an employer where young and passionate minds work together with a common goal which is to provide the best service to their customers.

E2E Networks Limited Promoters:

The promoters of the Company are Tarun Dua and Srishti Baweja.

E2E Networks Limited IPO details:


Symbol: E2E

Issue Size: The Public issue of 38,58,000 Equity Shares comprising Fresh Issue of 27,50,000 Equity Shares and Offer for Sale of 11,08,000 (including Market Maker reservation portion of 1,94,000 equity shares)

Face Value: Rs.10

Price Range: Rs. 57

Issue Type: Fixed Price

Bid Lot: 2,000 equity shares and in multiples thereof

Minimum Order Quantity: 2,000 Equity shares

Registrar: Link Intime India Private Limited

Issue Period:  03-May-2018 to 07-May-2018

Maximum Subscription Amount for Retail Investor: Rs.2,00,000

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Financials of the E2E Networks Limited:

                    E2E Networks’ financial performance (in INR crore)
FY2013 FY2014 FY2015 FY2016 FY2017 9M FY2018
Total revenue 3.01 5.19 9.93 21.47 29.53 27.21

 

Total expenses 2.63 4.79 8.66 18.15 23.22 20.04
Profit after tax 0.26 0.28 0.84 2.22 4.21 5.26

 

E2E Networks Limited IPO Allotment Status:


E2E Networks Limited IPO Allotment Date: n/a

E2E Networks Limited IPO Listing Date: n/a

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