ESDS Software Solution Limited (ESSL)

esdssoftwaresolutionlimited

The incredible story of ESDS Soft- ware Solution Ltd. commences with the visionary idea of Piy- ush Somani, an ambitious first-gener- ation entrepreneur. Driven by his de- termination to establish a data center in the modest town of Nashik, India, Piyush, along with his team of eight passionate individuals, embarked on a challenging journey. Even in the face of being underestimated, under- mined, and subjected to ridicule by skeptics, their resolute determination propelled them forward, ultimately resulting in the creation of one of In- dia\&#039;s foremost providers of managed cloud services security solutions.

The IPO launch date for ESDS Software has not yet been set, although market rumours indicate that it will happen shortly. The IPO of ESDS Software Technologies aims to generate approximately [.] crores through a fresh issue of 322 crores and an offer to sell up to 21,525,000 equity shares at a price of [.] each. Retail is allotted 35%, QIB 50%, and HNI 15%.

The report contains audited the financial statements of Esds which comprise the Balance Sheet as at March 31, 2022, and the Statement of Profit and Loss including Other Comprehensive Income, Statement of Changes in Equity and Statement of Cash Flows for the year then ended, and notes to the financial statements, including a summary of significant

The Indian Public Cloud Services Market Is expected to touch $13.5 Billion by 2026 from $ 4.6 Billion in 2021

Piyush Somani- I am happy to share that ESDS has got the most sought-after patent for real-time vertical auto-scaling in Cloud from the Indian patent authority. We brought Al ML-based technology in Cloud 12 years back and now we have Global patents for our Technology. This technology is the future of Cloud, as this will bring down cost and allow large Databases and Legacy applications to run in Cloud.

ESDS Software Solution Ltd, has been awarded the Aegis Graham Bell 2022, for their Combat COVID with AI initiative. The award ceremony celebrated their 12th edition to promote and recognize innovators and their innovations across the technology sector. ESDS Software Solution, is amongst India’s leading managed cloud service and end-to-end multi-cloud requirements provider (Source: Ken Research Report). The AA+ Testing Solution developed by ESDS is an AI based testing solution that detects lung abnormalities caused due to any respiratory diseases from an X-ray. This technology driven solution has been recognized by the Aegis Graham Bell awards ceremony held at Delhi.  

In this report contain director Report,  Consolidated Financial Statement , Management Discussion and analysis , ESDS Future Prospects by 2024,  Report on Corporate Governance , Separate Financial statements . 

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