Issue Price
₹57
Per Share
GMP
NIL
Grey Market
Est. Listing
₹57
Expected Price
Min. Application
₹228,000
2 lots × 2000 shares
Incorporated in 2009, Haryana based E2E Networks Limited is in the business of, providing Cloud Infrastructure in India. The company provides its services through Third Party Data Centers situated at Noida, Mumbai, and Vellore.E2E launched contract-less computing in India, way back in 2009. It followed it up by launching an hourly billed pure SSD (Solid-State-Drive) public cloud and private cloud. The company's Cloud Infrastructure has been used by many well-known companies across industries like E-Commerce, Digital Classified, BFSI and a whole host of new-age digital businesses.E2E has 76 employees on its payroll.
E2E Networks Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 194,000 | — | ₹1.11 Cr | — |
| TOTAL | 3,858,000 | 100.00% | ₹21.99 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹114,000 |
| Retail (Max) | 13 | 26,000 | ₹1,482,000 |
| sNII (Min) | 14 | 28,000 | ₹1,596,000 |
| bNII (Min) | 68 | 136,000 | ₹7,752,000 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 2952.55 | 2147.15 | 992.72 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 421.38 | 222.29 | 84.32 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 1565.40 | 1346.54 | 796.30 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |