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Esconet Technologies IPO Date, Review, Price, Allotment Details

Esconet Technologies Private Limited, based in 2012, is engaged within the trade of assembly quite a lot of IT necessities corresponding to high-end supercomputing answers, information middle amenities, encompassing garage servers, community safety, virtualization, and information coverage. Their complete answers cater to the desires of SMEs, huge enterprises, and public sector shoppers. Furthermore, Esconet extends its features into the cloud services and products area thru its wholly owned subsidiary, ZeaCloud Services, making sure that its shoppers have get right of entry to to state-of-the-art era and a unbroken IT infrastructure enjoy.

Esconet supplies a strong suite server answer meticulously crafted to cater to the varied and evolving wishes of enterprises. These answers surround state-of-the-art {hardware} configurations, seamless networking, and safe garage choices, offering a competent basis for companies to construct upon. In stride with the data-driven technology, Esconet is going past standard server services and products and integrates systematic system studying gear and synthetic intelligence into its portfolio.

Esconet supplies quite a lot of System Integration services and products that contain overall IT answers together with {hardware}, community, and device implementations. Considering shoppers’ necessities Esconet additionally supplies tailor-based services and products that can be aligned with the operational necessities and targets in their respective shoppers.

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Objects of the Issue:

  • The running capital requirement of the corporate
  • Investment in Wholly Owned Subsidiary, viz. Zeacloud Services Private Limited, to fund its capital expenditure bills
  • General Corporate Expenses

Esconet Technologies IPO Review

Esconet Technologies IPO Date & Price Band Details

IPO Open: February 16, 2024
IPO Close: February 20, 2024
IPO Size: Approx ₹28.22 Crores, 3,360,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹80 to ₹84 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 35% of the web be offering
QIB Quota: 50% of the web be offering
NII Quota: 15% of the web be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Esconet Technologies IPO Market Lot

The Esconet Technologies IPO minimal marketplace lot is 1600 stocks with a ₹134,400 software quantity.

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Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹134,400
Retail Maximum 1 1600 ₹134,400
S-HNI Minimum 2 3200 ₹268,800

Esconet Technologies IPO Dates

The Esconet Technologies IPO date is February 16 and the IPO shut date is February 20. The IPO allotment date is February 21 and the IPO would possibly checklist on February 23.

IPO Open Date: February 16, 2024
IPO Close Date: February 20, 2024
Basis of Allotment: February 21, 2024
Refunds: February 22, 2024
Credit to Demat Account: February 22, 2024
IPO Listing Date: February 23, 2024

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Esconet Technologies IPO Form

How to use Esconet Technologies IPO? You can follow Esconet Technologies IPO by the use of ASBA to be had for your checking account. Just pass to the net financial institution login and follow by the use of your checking account via deciding on the Esconet Technologies IPO within the Invest segment. The different possibility you’ll follow Esconet Technologies IPO by the use of IPO bureaucracy obtain by the use of the NSE site. Check out the Esconet Technologies bureaucracy – click on NSE IPO Forms obtain, fill and put up for your financial institution or together with your dealer.

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Esconet Technologies Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹44.20 ₹45.25 ₹1.00
2022 ₹68.59 ₹67.99 ₹0.72
2023 ₹94.98 ₹90.52 ₹3.04
Sep 2023 ₹71.33 ₹67.23 ₹3.04

Esconet Technologies IPO Valuation – FY2023

Check Esconet Technologies IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹39.63 according to Equity Share
Price/Earning P/E Ratio: [.]
Return on Net Worth (RoNW): 54.83%
Net Asset Value (NAV): ₹23.22 according to Equity Share

Peer Group

  • E2E Networks Limited
  • Netweb Technologies India Limited
  • Mr. Santosh Kumar Agrawal
  • Mr. Sunil Kumar Agrawal

Esconet Technologies IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

Esconet Technologies IPO Allotment Status

Check Esconet Technologies IPO allotment standing on Skyline Financial site URL. Click Here

Esconet Technologies IPO Lead Managers aka Merchant Bankers

  • Corporate Capital Ventures Pvt Ltd

Company Address

Esconet Technologies Limited
D-147,
Okhla Industrial Area Phase 1,
South Delhi, New Delhi – 110020
Phone: +91 9311881642
Email: [email protected]
Website: https://www.esc.co.in/

Esconet Technologies IPO FAQs

What is Esconet Technologies IPO?

Esconet Technologies IPO is an NSE SME IPO. They are going to elevate ₹28.22 Crores by the use of IPO. The factor is priced at ₹80 to ₹84 according to fairness proportion. The IPO is to be indexed on NSE.

When Esconet Technologies IPO will open?

The IPO is to open on February 16, 2024 for QIB, NII, and Retail Investors.

What is Esconet Technologies IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Esconet Technologies IPO?

You can follow Esconet Technologies IPO by the use of ASBA on-line by the use of your checking account. You too can follow for ASBA on-line by the use of UPI thru your inventory agents. You too can follow by the use of your inventory agents via filling up the offline shape.

How to Apply the Esconet Technologies IPO thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Esconet Technologies”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Esconet Technologies IPO thru Upstox?

Log in to Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Esconet Technologies”. Click on Bid Button. Confirm your software. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Esconet Technologies IPO thru Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Esconet Technologies”. Click on Bid Button. Confirm your software. Now pass in your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Esconet Technologies IPO Size?

Esconet Technologies IPO dimension is ₹28.22 crores.

What is Esconet Technologies IPO Price Band?

Esconet Technologies IPO Price Band is ₹80 to ₹84 according to fairness proportion.

What is Esconet Technologies IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 stocks with ₹134,400.

What is Esconet Technologies IPO Allotment Date?

Esconet Technologies IPO allotment date is February 21, 2024.

What is Esconet Technologies IPO Listing Date?

Esconet Technologies IPO checklist date is February 23, 2024. The IPO to checklist on NSE SME.

Note: The Esconet Technologies IPO main points are introduced formally. The IPO gray marketplace top class (Esconet Technologies IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.



– Source : IPOWATCH

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