E2E Networks IPO

E2E Networks IPOBusiness description - E2E Networks is in the business of providing cloud infrastructure in India. The company launched its contract-less computing in India in 2009 and followed this up by launching hourly billed pure SSD (Solid-State-Drive) public cloud and private cloud. Its Cloud Infrastructure has been used by many companies across industries like E-Commerce, Digital Classified, BFSI and whole host of new-age digital businesses. The company claims that its CloudOps platform uses a unique blend of automation delivered via technology combined with human intelligence, to reduce the workload of clients’ in-house DevOps team by freeing them from the worry of managing basic issues related to normal course of business. The Information Security Management system of the company and the Data Center for providing of cloud computing services, Management of information security for managed cloud and infrastructure services, Infrastructure-as-A-Service, Disaster Recovery & Availability Services, Managed storage and Data vaulting services and application hosting services delivered through private, public and hybrid cloud delivery model is ISO/IEC 27001:2013 certified. The company provides its services under the brand name of “E2E”. The company provides its services through Third Party Data Centers situated at Noida, Mumbai and Vellore.

Promoters of E2E Networks – Tarun Dua, Srishti Baweja
E2E Networks IPO details
Subscription Dates 3 - 7 May 2018
IPO Price band INR57 per share
Fresh issue 2,750,000 shares (INR15.67 crore)
Offer for sale 1,108,000 shares (INR6.32 crore)
Total IPO size 3,858,000 shares (INR21.99 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge SME platform
Use of funds
  • Working Capital requirements - INR10.86 crore
  • General Corporate Expenses - INR3.62 crore
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' Contact Details

E2E Networks Limited
282, Sector-19
Faridabad
Haryana- 121002

Phone: +91 011 3001 8095
Email: srishti.baweja@e2enetworks.com
Website: www.e2enetworks.com

E2E Networks IPO Subscription Details
Day Subscription (no. of times)
Day 1 0.38
Day 2 1.17
Day 3 70.11
E2E Networks Valuation (Latest FY)

Earnings Per Share (EPS): INR3.67

Price/Earnings (P/E) ratio: 15.53

Return on Net Worth (RONW): 38.42%

Net Asset Value (NAV): INR9.63 per share

Registrar of E2E Networks IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai - 400 083

Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: e2e.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

E2E Networks IPO Allotment Status

E2E Networks IPO allotment status is now available on Link Intime's website. Click on this link to get allotment status.

Listing performance of E2E Networks

IPO Opening Date: 3 May 2018

IPO Closing Date: 7 May 2018

Listing Date: 15 May 2018

Listing Price on NSE SME: INR85 per share (up 49.12% from IPO price)

Closing Price on NSE SME: INR89 per share (up 56.14% from IPO price)

E2E Networks IPO
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