ESDS Software Solution files draft papers with Sebi for Rs 600 crore IPO

Cloud infrastructure and data centre services provider ESDS Software Solution has filed preliminary papers with capital markets regulator Sebi to mop up Rs 600 crore through an initial public offering (IPO). The IPO is solely a fresh issue with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on March 30.

This marks the company’s second attempt to go public. Previously, the company had filed draft papers for its IPO in September 2021.

The company may consider raising Rs 120 crore through a pre-IPO…