E2E Networks Ltd

E2E Networks Ltd

About the Company:

E2E Networks Ltd (Incorporated in 2009) is in the business of providing Cloud Infrastructure in India. Company provides their services under the brand name of “E2E

Company’s Cloud Infrastructure has been used by many well-known companies across industries like E-Commerce, Digital Classified, BFSI and whole host of new-age digital businesses.

Company does not own any Data Center for providing the services but has made agreement with Data-Centers situated at Noida, Mumbai and Chennai for providing services and products.

Many of India’s best-known digital businesses have been using Company’s CloudOps platform to boost measurable performance, while at the same time reducing their cloud spend.

Company has a fully fledged marketing office situated at Delhi for marketing their products and services.

Company’s Products & Services:

Cloud Infrastructure.

In the Cloud Infrastructure business company provides Infrastructure to handle workloads related to compute and storage needs of their clients. This infrastructure includes hardware and software components – such as server, storage, networking, virtualization and other open source software.

company offers both Private and Public Cloud offering as per the needs of the customers. In case of Private Cloud, the servers are identified and deployed for usage specifically by a particular customer.

Company can also deploy a Hybrid Cloud Infrastructure where the client can use Private Cloud (or Public Cloud) provided by the company and Public Cloud provided by other companies like AWS (Amazon Web Services), Google Cloud, Microsoft Azure and others.

Managed Service (CloudOps).

Company’s Cloud Operations Platform helps clients to focus on the applications and services that drive their business, by assuming total responsibility for infrastructure operation and maintenance.

Company’s Business Strategy Going Forward:

business strategy

Management Team:

  1. Mr.Tarun Dua (Designation: Chairman cum Managing Director)
  2. Ms. Srishti Baweja (Designation: Whole Time Director)
  3. Mr. Manjit Dua (Designation: Non-Executive Director)


Promoters Average Acquisition Cost:

Name of the Promoter No. of Shares held Average Acquisition Cost (in Rs.)
Tarun Dua 77,60,695 0.39
Srishti Baweja NIL NIL


Objectives of the Issue:

Offer For Sale (OFS): (Around Rs.6.31 cr)

  • Company will not receive any proceeds from the Offer for Sale by the Selling Shareholders.

Fresh Issue: (Around Rs.15.67 cr)

  • Working Capital requirements
  • General Corporate Purposes.


Financials of the Company:

(in Crores) FY 14 FY 14 FY 15 FY 16 FY 17 31st Dec 17
Revenue  3.00  5.19  9.92  21.47  29.52  27.21
Net Profit  0.26  0.28  0.84  2.22  4.21  5.26


Valuation of Peer Group Companies:

Company Name Face Value EPS PE Ratio RoNW NAV
E2E Networks Ltd 10 3.67 15.41 38.42% 9.63
8K Miles Software Services 10 0.74 953.78 2.74% 137.92


IPO Details:

Details Info
Issue Opens on 3rd May 2018
Issue Closes on:. 7th May 2018
Issue Price Rs.57
Face Value Rs.10
Minimum Lot 2000
Minimum Investment Rs.1,14,000
Issue Constitutes 27.08%
Issue Size Rs.21.99 cr
Market Cap Rs.65.52 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 27,50,000
Equity Shares Offered (OFS) 11,08,000
Total Equity Shares Offered (Fresh + OFS) 38,58,000
Equity Shares Prior to the Issue 1,14,95,110
Equity Shares after the Issue 1,42,45,110


Subscription Details: (Will be Updated)

(Subscription-Category-Wise (no. of times) Till time : 06:00 PM) Shares Offered 3/5 4/5 7/5
HNI  18,32,000  0.53 1.42  130.8 
Retail  18,32,000   0.26  1.04  13.6
Others   1,94,000  0.00  0.00  32.24
Employee  ———  —-   —-  —-
TOTAL  38,58,000  0.38 1.16   70.20


IPO Valuation Parameters:

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
3.70 15.41 38.42% 9.63


Check IPO Allotment Status:

Link InTime Website (Click on the below Link)



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Company Contact Info:
E2E Networks Limited
Smart-Work Business Centre
Third Floor, Vardhman Trade Center, Nehru Place,
New Delhi-110019
Tel: +91 11-3001-8095
Email: srishti.baweja@e2enetworks.com
Website: www.e2enetworks.com


IPO Registrar Info:
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083
Tel: +91 022-49186200
Investor id:e2e.ipo@linkintime.co.in
Website: www.linkintime.co.in


Lead Manager to the Issue:
B-15/16, Shiv Marg, Bani Park,
Jaipur, Rajasthan-302016
Tel.: +91 0141-2203995
Website: www.holaniconsultants.co.in