To be sure, ESDS’s draft IPO document classifies E2E Networks Ltd as a listed peer for comparison, the latter is an ITeS player that does not generally build or own the physical data centre buildings it operates out of. By contrast, ESDS owns and operates its own network of Tier III-certified sovereign data centres across cities like Nashik, Navi Mumbai, Bengaluru, and Mohali. The firm was incorporated in 2005 in Nashik and is promoted by chief executive officer Piyush Somani. It provides IT infrastructure-related services, including cloud computing infrastructure, co-location data centre infrastructure, software-as-a-service (SaaS) and managed services.
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