Planify
June 11, 2025 at 05:33 AM
*🔥 ESDS Files DRHP for ₹600 Cr IPO! Should You Invest in Unlisted Shares Now? Let’s Dive In…*
💡 About ESDS: A leader in Cloud Computing, Software Services, and Managed Services for BFSI, enterprises and government.
📊 Key Financial Highlights:
• Revenue Growth: FY24 revenue surged 38% to ₹292 Cr; H1 FY25 already at ₹173 Cr.
• Profit Turnaround: After losses in FY23, ESDS posted ₹14 Cr PAT in FY24—and ₹24 Cr PAT in H1 FY25.
• Rising EBITDA Margins: 29% in FY22 → 43% in H1 FY25, reflecting strong cost control and higher-margin services.
⚠️ Liquidity & Debt Alert:
• Debt Load: ₹163 Cr outstanding (Debt to Equity 0.66 (H1 FY25)
• Interest Coverage: Dropped from 2.82× (FY24) to 1.71× (H1 FY25)—indicating tighter cash flows.
💸 Recent Fund Raises:
Oct 2024: Raised ₹76.46 Cr @ ₹165/share (PE: 49.9) - Sept -FY24
Feb 2025: Raised ₹65.53 Cr @ ₹226/share (PE: 71.7)
➡️ Total ₹141 Cr raised—awaiting clarity in FY25 results on whether these proceeds were used for debt repayment.
🔔 Promoter Holding Watch:
• As of H1 FY25, promoter stake is 46%. With the IPO, expect dilution as new shares are issued.
🌟 Big-Name Backers:
• Recent funding rounds included marquee investors such as Mukul Agrawal, Capri Global, Ashish Kacholia, Niveshaay, Ace Investment, and Tattvam.
➡️ Their participation signals confidence in ESDS’s turnaround potential!
💰 IPO Shares Available: Price band ₹380/share | Min. lot: 100 shares
📞 Call/WhatsApp to book: +91 7065560002 📲
*🚀 Don’t miss ESDS’s unlisted opportunity before the IPO window closes!*