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Esconet Technologies Ltd

Esconet Technologies Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹84
₹84
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹84
Based on GMP
Min. Investment
₹134,400
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
16 Feb 2024
Close Date
20 Feb 2024
Allotment
21 Feb 2024
Listing Date
23 Feb 2024
Exchange
NSE SME
Price Band
₹84
Listing Price
See chart
Allotment Status
Price Band
₹84
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
33,60,000 shares (aggregating up to ₹28.22 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹134,400
1 lot
Pre-IPO Holding
90,00,000 shares
Promoters
Post-IPO Holding
1,23,60,000 shares
Promoters
P/E (Pre)
24.87x
 
P/E (Post)
16.99x
 
EPS (Pre)
₹39.63
 
EPS (Post)
₹4.94
 
UPI Deadline
2024-02-20
Mandate
Anchor AllotmentThu, 15 Feb 2024
Basis of AllotmentWed, 21 Feb 2024
Refund InitiationThu, 22 Feb 2024
Demat CreditThu, 22 Feb 2024
Listing DayFri, 23 Feb 2024
UPI Mandate Deadline2024-02-20
Sale TypeFresh Capital
Net Offer to Public31,84,000 shares (aggregating up to ₹26.75 Cr)
Market Maker Quota1,76,000 shares (aggregating up to ₹1.48 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Esconet Technologies Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 20 Feb 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
176,000
₹1.48
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
3,360,000
100% ₹28.22
IPO Shares Offered
Esconet Technologies Ltd IPO total issue size: ₹28.22 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 176,000 ₹1.48
5.24%
Total 3,360,000 ₹28.22
100.00%
* Based on upper price band ₹84 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹84.00
Upper Band
Min Investment
₹134,400
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹268,800
Retail (Max — 13 Lots)1320,800₹1,747,200
S-HNI (Min — 14 Lots)1422,400₹1,881,600
B-HNI (Min — 68 Lots)68108,800₹9,139,200
* Issue Price ₹84 × Lot Size 1,600 shares
IPO Schedule
Anchor
15 Feb 2024
✓ Done
IPO Open
16 Feb 2024
✓ Done
IPO Close
20 Feb 2024
✓ Done
Allotment
21 Feb 2024
✓ Done
Refunds
22 Feb 2024
✓ Done
Demat Credit
22 Feb 2024
✓ Done
Listing Day
23 Feb 2024
✓ Done
Esconet Technologies Ltd — Live Price LIVE
₹84.00
INR · NSE
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Issue ₹84.00 Live Price
About Esconet Technologies Ltd
Founded in 2012, Esconet Technologies Limited provides high-end supercomputing solutions, and data center facilities that include storage servers, network security, virtualization, and data protection.The company offers 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.The company also provides service and after-sales services which include 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.The company also offers cloud-based services through its subsidiary ZeaCloud Services catering to various business needs, e.g. disaster recovery services, managed cloud services, private cloud, and DaaS services.Esconet's clients include Ministry of Defence, National Informatics Centre-MeitY, National Informatics Centre Services Inc - MeitY, Indian Institute of Technology, Indraprastha Institute of Technology Limited, Bharat Electronics Limited, Oil & Natural Gas Commission Limited, Engineers India Limited and Hindustan National Glass & Industries Limited and many more.As at November 30, 2023, the company had over 47 employees.
Objects of the Issue
1
The working capital requirement of the company,
2
Investment in Wholly Owned Subsidiary, viz. Zeacloud Services Private Limited, to fund its capital expenditure expenses, and
3
General Corporate Expenses.
Esconet Technologies Ltd Financials (Amount in Rs Cr)
Revenue from Operations
N/A
FY 2022-23
₹9,690.8
31 Mar 2023
₹7,146.7
30 Sep 2023
Profit After Tax (PAT)
N/A
FY 2022-23
₹304.0
31 Mar 2023
₹305.5
30 Sep 2023
Particulars30 Sep 202331 Mar 2023FY 2022-23
Revenue from Operations 7146.71 9690.84 N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 305.47 304.00 N/A
Net Worth 902.97 554.47 N/A
Total Assets 4260.46 2798.37 N/A
Reserves & Surplus 825.19 477.48 N/A
Borrowings 1008.95 1103.89 N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
1.16
RoE
75.54%
RoCE
59.11%
RoNW
54.83%
Debt/Equity
1.99
Issue Structure & Shareholding
Total Shares Offered33,60,000 (100.00%)
Net Offer to Public31,84,000 shares (aggregating up to ₹26.75 Cr)
Reserved for Market Maker1,76,000 shares (aggregating up to ₹1.48 Cr)
Pre-Issue Promoter Holding90,00,000 shares
Post-Issue Promoter Holding1,23,60,000 shares
P/BV Ratio1.16
RoE75.54%
RoCE59.11%
Debt / Equity1.99
Script CodeN/A
Registrar & Lead Managers
IPO Registrar
Skyline Financial Services Pvt.Ltd
Check Allotment
Book Running Lead Managers
Corporate Capitalventures Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Esconet Technologies Ltd IPO subscribed?

Esconet Technologies Ltd IPO is subscribed 1.00 times by Feb 20, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Esconet Technologies Ltd IPO retail subscription status?

The Esconet Technologies Ltd IPO retail category is subscribed 1.00 times as of 20 Feb 2024. The retail portion is oversubscribed.

How to subscribe Esconet Technologies Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 16 Feb 2024 and closes 20 Feb 2024. Min investment: ₹134,400 (1 lot = 1,600 shares). UPI mandate: 2024-02-20.

How many times Esconet Technologies Ltd IPO subscribed?

The Esconet Technologies Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Esconet Technologies Ltd IPO allotment?

Check allotment on the registrar website (Skyline Financial Services Pvt.Ltd) at https://www.skylinerta.com/ipo.php. Enter your PAN, application number or DP/Client ID. Allotment date: 21 Feb 2024. Refunds: on 22 Feb 2024.

When Esconet Technologies Ltd IPO will be listed?

The Esconet Technologies Ltd IPO listing date is 23 Feb 2024, Friday. Listed on: NSE SME. Issue price: ₹84. Estimated listing: ₹84. GMP: NIL.

When Esconet Technologies Ltd IPO close?

The Esconet Technologies Ltd IPO closes on 20 Feb 2024, Tuesday. UPI mandate: 2024-02-20. Allotment: 21 Feb 2024. Listing: 23 Feb 2024.