Esperides was founded in 1995, and at the end of 2012, changed its name and its emblem, and restarted as GS Ikaros kallitheas.

This was because since Esperides faced financial problems and wasn't able to continue in the Greek Women's League championship.

Esperides was founded in 1995, after merging with the Esperos Women's club, Pantzitzifiakos, and Kallithea AE.

It won two Greek Women's League championships (2006, 2008), and was also the finalist six times (2004, 2005, 2007, 2009, 2010, 2012).

In 2012, the club was renamed to Ikaros Kallitheas, since it was in danger of dissolving because of financial problems.