Esconet Technologies Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | February 16, 2024 |
| Close Date:- | February 20, 2024 |
| Allotment Date:- | February 21, 2024 |
| Listing Date:- | February 23, 2024 |
About Esconet Technologies Limited :-
Established in 2012, Esconet Technologies Limited specializes in providing advanced supercomputing solutions and comprehensive data center facilities, covering a spectrum of services including storage servers, network security, virtualization, and data protection.
Esconet's offerings encompass a wide array of products and services, including Servers and Graphics Workstations, Comprehensive Data Storage Solutions, Virtualization Software, Backup and Disaster Recovery Solutions, Data Centre and Access Networks, Advanced Software Defined Networks, Network Security Tools, Email Communication Systems, Databases with High Availability, and Log Management and Analytics Software.
Additionally, the company extends its services beyond product offerings, providing comprehensive support including IT Hardware Installation & Configuration, Deployment and Seamless Integration of Diverse IT Infrastructure Software, Infrastructure Management & Monitoring, Expertise in Private Cloud Setup and Management, Annual Maintenance Services, Managed Backup and Disaster Recovery Solutions, Data Migration Services, and Expert Consulting Services.
Through its subsidiary ZeaCloud Services, Esconet offers cloud-based solutions tailored to various business requirements such as disaster recovery services, managed cloud services, private cloud, and DaaS services.
Esconet serves a diverse clientele including esteemed organizations like the Ministry of Defence, National Informatics Centre-MeitY, National Informatics Centre Services Inc - MeitY, Indian Institutes of Technology, Indraprastha Institute of Technology Limited, Bharat Electronics Limited, Oil & Natural Gas Commission Limited, Engineers India Limited, Hindustan National Glass & Industries Limited, among others.
As of November 30, 2023, Esconet Technologies Limited boasts a dedicated team of over 47 employees, committed to delivering innovative solutions and exceptional service to its clients.
Contact Details :-
Address:- Esconet Technologies Limited D-147, Okhla Industrial Area Phase 1, South Delhi, New Delhi – 110020
Phone:- +91 9311881642
E-mail:- cs@esc.co.in
Website:- https://www.esc.co.in/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | SME |
| Price:- | ₹80 to ₹84 |
| Lot Size:- | 1600 |
| Minimum Amount for 1 Lot:- | ₹1,34,400 |
| Listing At:- | NSE SME |
| Total issue of Shares:- | 33,60,000 |
| Total issue Size:- | ₹28.22 Crore |
| Fresh issue of Shares:- | 33,60,000 |
| Fresh issue Size:- | ₹28.22 Crore |
| Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | ||
|---|---|---|---|---|
| Assets | 4,260.46 | 2,798.37 | ||
| Revenue | 7,146.71 | 9,690.84 | ||
| Profit After Tax | 305.47 | 304.00 | ||
| Net Worth | 902.97 | 554.47 | ||
| Reserves and Surplus | 825.19 | 477.48 | ||
| Total Borrowing | 1,008.95 | 1,103.89 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 103 |
| ROE:- | 75.54% |
| ROCE:- | 59.11% |
| Debt/Equity:- | 1.99 |
| RoNW:- | 54.83% |
IPO Registrar :-
Name:- Skyline Financial Services Private Ltd
Website:- https://www.skylinerta.com/ipo.php
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Esconet Technologies Limited IPO DHRP:- | Click Here |
| Esconet Technologies Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 16-02-2024 | ₹53 | ₹137 | 63.1% |
| 17-02-2024 | ₹75 | ₹159 | 89.29% |
| 18-02-2024 | ₹77 | ₹161 | 91.67% |
| 19-02-2024 | ₹83 | ₹167 | 98.81% |
| 20-02-2024 | ₹85 | ₹169 | 101.19% |
| 21-02-2024 | ₹90 | ₹174 | 107.14% |
| 22-02-2024 | ₹100 | ₹184 | 119.05% |
| 23-02-2024 | ₹100 | ₹184 | 119.05% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| February 16, 2024 | 1.26 | 5.52 | 16.06 | 5.52 | 5.52 | 9.57 |
| February 19, 2024 | 1.33 | 75.08 | 135.13 | 75.08 | 75.08 | 84.05 |
| February 20, 2024 | 156.02 | 868.05 | 553.02 | 868.05 | 868.05 | 507.24 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on February 21, 2024) | Click Here |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | February 23, 2024 |
| NSE Symbol :- | ESCONET |
| ISIN:- | INE0RQZ01017 |
| Final Issue Price:- | ₹84.00 |
| Open:- | ₹290.00 |
| Low:- | ₹275.50 |
| High:- | ₹294.95 |
| Close:- | ₹275.50 |
Esconet Technologies Limited IPO FAQ :-
What is the opening date for Esconet Technologies Limited IPO?
The Esconet Technologies Limited IPO opens on February 16, 2024.
What is the closing date for Esconet Technologies Limited IPO?
The Esconet Technologies Limited IPO closes on February 20, 2024.
When will the shares be allotted for Esconet Technologies Limited IPO?
Shares of Esconet Technologies Limited IPO will be allotted on February 21, 2024.
What is the listing date for Esconet Technologies Limited IPO?
The listing date for Esconet Technologies Limited IPO is February 23, 2024.
What is the price/ price range for Esconet Technologies Limited IPO?
The price/ price range for Esconet Technologies Limited IPO is ₹80 to ₹84.
What is the minimum lot size for the Esconet Technologies Limited IPO?
The minimum lot size for Esconet Technologies Limited IPO is 1600 shares.
What is the minimum investment required for retail investors in the Esconet Technologies Limited IPO?
The minimum investment required for retail investors in the Esconet Technologies Limited IPO is ₹1,34,400.
What type of IPO is the Esconet Technologies Limited IPO?
The type of Esconet Technologies Limited IPO is SME.
What is the total issue size of the Esconet Technologies Limited IPO?
The total issue size of Esconet Technologies Limited IPO is ₹28.22 Crore.
How many shares are being offered in the Esconet Technologies Limited IPO?
Total 33,60,000 shares are being offered in the Esconet Technologies Limited IPO.
What is the face value of Esconet Technologies Limited IPO share?
The face value of Esconet Technologies Limited IPO share is ₹10.
What is the market capitalization of the Esconet Technologies Limited IPO?
The market capitalization of the Esconet Technologies Limited IPO is ₹103.82 Crore.
Who is the registrar for the Esconet Technologies Limited IPO?
The registrar for the Esconet Technologies Limited IPO is Skyline Financial Services Private Ltd.
Where can I check the IPO Allotment status for Esconet Technologies Limited IPO?
You can check the IPO Allotment status for Esconet Technologies Limited IPO at https://www.skylinerta.com/ipo.php.
What is the email address and website of Esconet Technologies Limited IPO?
The email address of Esconet Technologies Limited IPO is cs@esc.co.in and website is https://www.esc.co.in/.
What is the Esconet Technologies Limited IPO GMP (Grey Market Premium) as of 23-02-2024?
The latest GMP for Esconet Technologies Limited IPO is ₹100 as of 23-02-2024.