Though, this firm has already filed DRHP in December 2021, due to market fluctuation and unfavorable conditions they have withdrawn.
ESDS Software assigned lead managers to DAM capital. And it is going to be listed on the BSE and NSE platforms.
ESDS Software, IPO fund Deployment
The money from the IPO will be used to build more data centers, invest in GPU cloud technology for artificial intelligence, and cover general business expenses for the long term.
ESDS Software, established in 2005 by Piyush Somani, offers AI-powered cloud services, managed solutions, data center infrastructure, and software products.
Its services include infrastructure-as-a-service (IaaS) and software-as-a-service (SaaS), designed to provide businesses with secure, scalable, and affordable cloud solutions.
