ESDS eyes debut as India’s first listed data centre operator with ₹720-crore IPO

Of course, ESDS’s draft IPO document classifies E2E Networks Ltd as a listed peer for comparison purposes; the latter is an ITeS player that generally does not build or own the physical data center buildings in which it operates. In contrast, ESDS owns and operates its own network of Tier III certified independent data centers in cities such as Nashik, Navi Mumbai, Bengaluru and Mohali. The firm was founded in Nashik in 2005 and is promoted by chief executive officer Piyush Somani. Provides IT infrastructure-related services, including cloud computing infrastructure, co-located data center infrastructure, software as a service (SaaS), and managed services.