IPO · AI & Deep Tech
E2E Networks debuts on BSE mainboard via direct listing
By Startup Enthusiast ·
- Date
- Company
- E2E Networks
- What it does
- Cloud infrastructure provider for AI and compute
- Kind
- IPO
- Stage
- mainboard debut
- Founded
- 2009
- Sector
- AI & Deep Tech
What they do
E2E Networks provides cloud computing services including GPU clusters for AI model training
What happened
The company debuted on the BSE Mainboard on June 12, 2026, with 20.56 Cr equity shares of face value ₹1 each listed at ₹369, closing 5% higher at ₹387.45 on…
Why it matters
Shares closed at ₹387.45 after a stock split, while Q4 revenue grew significantly year-on-year
The details
- E2E Networks made its BSE Mainboard debut on June 12, 2026.
- The listing occurred via a direct listing route, with 20.56 Cr equity shares of face value ₹1 each listed at ₹369, opening at that price and closing at ₹387.45, a 5% increase.
- No new shares were issued during this specific market entry event.
- The company had 20.56 Cr equity shares approved for trading with a face value of ₹1.
- The initial listing price was set at ₹369 per share.
- Shares closed at ₹387.45, reflecting a +5% gain on the debut day.
- A 1:10 stock split was executed on June 5, 2026, prior to the listing.
- This marks a move from its previous NSE Mainboard listing established in 2022.
The bigger picture
- It highlights the company's maturity following its migration from SME platforms years ago.
- The move signals confidence in its financial standing and operational stability.
About the business
- E2E Networks operates as a cloud infrastructure provider for businesses and developers.
- It offers core services including compute, storage, and GPU resources.
- The company targets startups, developers, and enterprises seeking scalable IT solutions.
- Its flagship product is the TIR platform designed for AI model building and deployment.
- It positions itself as a cost-effective alternative to global cloud providers.
- The firm serves over 10,000 clients across various industries.
- Notable customers include Zomato, Cardekho, Cars24, Healthkart, Junglee Games, Tata 1mg, and Clovia.
- In May, it integrated NVIDIA B200 cluster technology into its TIR platform.
- This integration supports advanced AI workloads using Blackwell architecture GPUs.
The deal
- Type
- Direct Listing
Founders
- Tarun Dua, Founder
More on E2E Networks
- E2E Networks signs ₹1,000 crore deal for Nvidia Blackwell GPUs31 August 2026 · Launch · ₹1,000 crore
- E2E Networks posts first profit with strong revenue growth21 July 2026 · Results
- E2E Networks partners Nvidia to build AI factories18 February 2026 · Partnership
- E2E Networks launches sovereign cloud platform11 March 2025 · Launch
- E2E Networks raises ₹420.51 crore in strategic round21 August 2024 · Funding · ₹420.51 Cr
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