E2E Networks Limited IPO (E2E Networks IPO) Detail

May 3, 2018 - May 7, 2018

Incorporated in 2009, Haryana based E2E Networks Limited is in the business of, providing Cloud Infrastructure in India. The company provides its services through Third Party Data Centers situated at Noida, Mumbai, and Vellore.

E2E launched contract-less computing in India, way back in 2009. It followed it up by launching an hourly billed pure SSD (Solid-State-Drive) public cloud and private cloud. The company's Cloud Infrastructure has been used by many well-known companies across industries like E-Commerce, Digital Classified, BFSI and a whole host of new-age digital businesses.

E2E has 76 employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lacs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,565.40 1,346.54 796.30 253.77 163.34
Total Revenue 2,952.55 2,147.15 992.72 519.42 300.90
Profit After Tax 421.38 222.29 84.32 28.18 26.25

Objects of the Issue

The Objects Of The Issue are-

1. Working Capital requirements
2. General Corporate Purposes

E2E Networks IPO Details

E2E Networks IPO Date May 3, 2018 to May 7, 2018
E2E Networks IPO Face Value ₹10 per share
E2E Networks IPO Price ₹57 per share
E2E Networks IPO Lot Size 2000 Shares
Issue Size3,858,000 shares of ₹10
(aggregating up to ₹21.99 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the Company are Tarun Dua and Srishti Baweja. They hold, in aggregate 77, 60,695 Equity Shares representing 67.51% of the preissue Paid-up Capital of the Company.

E2E Networks IPO Lot Size

The E2E Networks IPO lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹114,000).

Application Lots Shares Amount
Retail (Min) 1 2000 ₹114,000
Retail (Max) 1 2000 ₹114,000

E2E Networks IPO Review

Based on outperforming track record by the company so far and pricing around 12 P/E the offer looks appealing. However, investors may consider investment for long term.

Read detail review...

E2E Networks IPO Subscription Status (Bidding Detail)

The E2E Networks IPO is subscribed 73.81 times on May 7, 2018 5:00:00 PM. The public issue subscribed 13.39 times in the retail category, times in the QIB category, and 130.82 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

E2E Networks IPO Prospectus

E2E Networks IPO Rating

Rating:Rated 4.2 stars
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E2E Networks IPO Listing Date

Listing Date Tuesday, May 15, 2018
BSE Script Code
NSE Symbol E2E
Listing In
ISIN INE255Z01019
IPO Price ₹57 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade
IPO Price: ₹57.00
Open: ₹85.00
Low: ₹84.00
High: ₹89.25
Last Trade: ₹89.00

Company Contact Information

E2E Networks Limited
282, Sector-19,
Phone: +91 11-3001-8095

E2E Networks IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

E2E Networks IPO Review

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E2E Networks IPO FAQs

E2E Networks IPO is a SME IPO of 3,858,000 equity shares of the face value of ₹10 aggregating up to ₹21.99 Crores. The issue is priced at ₹57 per share. The minimum order quantity is 2000 Shares.

The IPO opens on May 3, 2018, and closes on May 7, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The E2E Networks IPO opens on May 3, 2018 and closes on May 7, 2018.

E2E Networks IPO lot size is 2000 Shares and the minimum order quantity is .

You can apply in E2E Networks IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for E2E Networks IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the E2E Networks IPO allotment status.

The E2E Networks IPO listing date is on Tuesday, May 15, 2018.
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E2E Networks IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



101. Saurabh Bhatnagar |   Link |Jun 5, 2018 3:22:50 PM
Someone deleted my yesterday Post.

I have had requested yesterday to advice what is supposed to be done now since it is at 103 now ?
101.1. ipo_hunt |   Link |Jun 12, 2018 10:47:03 PM
What was your yesterdays Post !!!!
100. Small Investor |   Link |May 29, 2018 10:22:24 AM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
boom booom booom E2E

Now 82
99. ???????????? IPO CALLING ???????????? |   Link |May 25, 2018 3:08:44 PM
IPO Mentor IPO Mentor (800+ Posts, 600+ Likes)
Can I add now CMP 65 ?
99.1. Small Investor |   Link |May 25, 2018 3:17:25 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
i also buy @ 68.55 one day ago
98. INVESTIGATOR |   Link |May 17, 2018 10:35:07 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Only 2 lots sold at LC @80.35 and No buyers at this rate (LC).... All are sellers under Panic.

There was maximum participation from QIB & NII in this issue so Please Wait for few days for their action.
98.2. INVESTIGATOR |   Link |May 18, 2018 1:52:14 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
On 16th May, You have predicted that rate will settled around Rs.77/- and I think you are right.
Lower Rates are settled already and now going upward direction.
98.3. MAMU |   Link |May 18, 2018 1:55:42 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Stovk is manipulating by operator
i saw today morning in seller circuit 62000 Sellers and within five minutes with raising volume only 4000 shares rate quoting 77-78
i m still cautious at this level
Your suggestion please.
97. AmanSingh |   Link |May 18, 2018 9:27:31 AM
Sold at 84.35 and then LC hits.
96. RAJAKUMAR |   Link |May 15, 2018 2:59:52 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Ankur
I sold at 86
96.3. Small Investor |   Link |May 23, 2018 1:58:23 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Sir now i can Buy 1 Lot at this leval 70+
96.4. AmanSingh |   Link |May 23, 2018 3:11:41 PM
@SmallInvestor, LC hits once again 68.55
I would say wait for a week, it will decrease some more days.
95. v for vendetta |   Link |May 17, 2018 10:24:22 AM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
There were about 5 Lakhs buyer on listing day to buy at 89.25, strange that today no one is willing to buy @80.35.
95.1. COMMONMAN |   Link |May 17, 2018 10:31:23 AM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
The Sellers On Listing Dat at 56% Up was Insiders and Operators. They got Exit.

Buyers were Normal retailers. Now Rii are Trapped Now They are Long Term Holders.
95.2. AmanSingh |   Link |May 17, 2018 10:33:05 AM
Is there any chance for it to increase ?
94. AmanSingh |   Link |May 17, 2018 10:03:05 AM
Again LC 80.35

Is there any chance for it to increase?
93. Nilesh Parekh |   Link |May 16, 2018 9:55:33 AM
93.1. MAMU |   Link |May 16, 2018 10:10:47 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Bro. do not panic may it will setrle around 77 but sure that for long term it will be beneficiary
93.2. DIPAQ |   Link |May 16, 2018 1:02:02 PM
Just Think, yesterday traded qty. is aprox 18.5 lacs @ WAP Rs.86-87, today they are selling @ 84.55, why they are losing money ? it is just for take out of your share....their name is operator...
92. Nilesh Parekh |   Link |May 15, 2018 6:32:24 PM
Enjoy till party (circuit) is on ...Place yourself at exit gate when party (buying circuit) gets over.
91. Roshan M |   Link |May 11, 2018 5:29:38 PM
2/2 :)
91.1. Small Investor |   Link |May 15, 2018 5:09:30 PM
IPO Guru IPO Guru (1600+ Posts, 900+ Likes)
Pary kb de rhe ho Sir E2E profit k liy
90. INVESTIGATOR |   Link |May 15, 2018 3:30:07 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Buyers are standing in Line (Q) to buy at Rs.89.25
89. Nilesh Parekh |   Link |May 15, 2018 2:01:33 PM
We here to make profit. one should sell one lot at this rate if 2 lots are allotted. Nearly 56% return in 10 days Awesome !!!
88. Krimal |   Link |May 15, 2018 12:07:34 PM
Super duper listing,

As I said earlier multi bagger,

Those who alloted, hold it, still it will give much better returns due to great fundamentals and future growth potentials.

87. RAJAKUMAR |   Link |May 15, 2018 9:09:51 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Pre open indicates 65
87.8. AnkurGoel |   Link |May 15, 2018 10:01:55 AM
Sold at 89.25 :)
87.9. RAJAKUMAR |   Link |May 15, 2018 10:56:26 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Ankur
I am holding and put my stop loss as stated in the earlier post. Good, you sold at circuit,
86. Umang and his ultrasonic uproar |   Link |May 15, 2018 10:42:26 AM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
Akshar by Pantomath 3 consecutive L. C.
E2E by new lead manager gives 50% + returns in 2 hours of trade.

Really SME market is highly unpredictable.
85. INVESTIGATOR |   Link |May 15, 2018 10:35:59 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Only buyers at Rs.89.25 ... No sellers at this rate
Buyers Bid Qnty = 5,02,000 at present time
84. RAJAKUMAR |   Link |May 15, 2018 10:03:47 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Ankur
I put my stop loss at 82 to 84. Discover price is 85 so i put below the discover price. We will take chance.
83. MAMU |   Link |May 15, 2018 9:53:39 AM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Stellar listing. 85
82. RAJAKUMAR |   Link |May 15, 2018 9:53:22 AM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
Dear Ankur
I will put stop loss at lower circuit on opening. Then i will decide what to do.