Esconet Technologies Ltd IPO
Price Range
₹80 - ₹84
-
Min. Quantity
1,600 Shares
Closes on
20 February 2024
-
Min. investment
₹1,34,400
Esconet Technologies Ltd IPO Timeline
| Event | Date |
|---|---|
| Esconet Technologies Ltd IPO Opening Date | 16 February 2024 |
| Esconet Technologies Ltd IPO Closing Date | 20 February 2024 |
| Basis of Allotment | 21 February 2024 |
| Initiation of Refunds | 22 February 2024 |
| Credit of Shares to Demat | 22 February 2024 |
| Esconet Technologies Ltd IPO Listing Date | 23 February 2024 |
Esconet Technologies Ltd IPO Details
| Esconet Technologies Ltd IPO Date | 16 February 2024 to 20 February 2024 |
| Esconet Technologies Ltd IPO Face Value | ₹10 per share |
| Esconet Technologies Ltd IPO Price | ₹80 to ₹84 per share |
| Esconet Technologies Ltd IPO Lot Size | 1,600 |
| Issue Size | Shares of ₹10 (aggregating up to ₹28.22 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹28.22 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Santosh Kumar Agrawal, Sunil Kumar Agrawal, Vineet Agrawal |
Esconet Technologies Ltd IPO Lot Size
The Esconet Technologies Ltd IPO lot size is 1,600 shares. A retail-individual investor can apply for up to 1 lots (1,600 shares or ₹1,34,400).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,600 | ₹1,34,400 |
| Maximum | 1 | 1,600 | ₹1,34,400 |
- Strengths
- Risks
- Opportunities
- High-end clients.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- Experienced Promoters (experience of over 20 years) .
- Long term relationship with clients and repeat & diversified business.
- Versatile, Technically Sound and young operation Team, which understands creativity at its excellence.
- Well versed and equipped with advance technology.
- Track record of growth and profitability.
Company Financials
Esconet Technologies Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 114.97 | 228 | 6.89 |
| 03-2024 | 74.91 | 137.72 | 5.30 |
| 03-2023 | 28.91 | 94.98 | 3.03 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working capital requirement of the company Esconet Technologies Ltd
- Investment in wholly owned subsidiary viz "Zeacloud Services Pvt Ltd" to fund its capital expenditure expenses
- General corporate expenses
Esconet Technologies Ltd IPO Promoter Holding
| Pre Issue Share Holding | 47.07% |
| Post Issue Share Holding | 34.27% |
Esconet Technologies Ltd IPO Subscription Status (Bidding Detail)
The Esconet Technologies Ltd IPO is subscribed 337.4514 times on 20 February 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 337.4514 |
Esconet Technologies Ltd IPO Prospectus
Esconet Technologies Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0RQZ01017 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
D-147 Okhla Industrial Area -Phase 1 South Delhi,New Delhi-110020
Phone: +91 93118 81642
Email: cs@esc.co.in
Website: https://www.esc.co.in
Esconet Technologies Ltd IPO Registrar
Esconet Technologies Ltd IPO Lead Manager(s)
- Corporate Capital Ventures Pvt Ltd
How to Check the Allotment Status of Esconet Technologies Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Esconet Technologies Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Esconet Technologies Ltd IPO
Esconet Technologies Limited was originally incorporated on March 30, 2012 as 'Esconet Technologies Private Limited'. Subsequently, Company