Esconet Technologies
Esconet Technologies Info
Details about the Esconet Technologies IPO. Opening Date of Esconet Technologies is 16 Feb 24 and Closing Date is 20 Feb 24 . Face Value of Each share of Esconet Technologies is ₹10 per share. Price band of Esconet Technologies is ₹80 to ₹84. The Lot size of Esconet Technologies is 1,600 shares. Total issue size of Esconet Technologies IPO is ₹28.22 cr. Fresh Issue of Esconet Technologies IPO is 28.22 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Esconet Technologies is 9,000,000. Share Holding Post Issue of Esconet Technologies is 12,360,000.
Business Summary
Esconet Technologies Private Limited, founded in 2012, is engaged in the business of meeting a wide range of IT requirements such as high-performance supercomputing solutions, data centre facilities, encompassing storage servers, network security, virtualization, and data protection.
Esconet extend its capabilities into the cloud services domain through its wholly owned subsidiary, ZeaCloud Services, ensuring that clients have access to cutting-edge technology and a seamless IT infrastructure experience
Esconet Technologies IPO Details
| Open Date | 16 Feb 24 |
|---|---|
| Close Date | 20 Feb 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹80 - ₹84 |
| Lot Size | 1,600 Shares |
| Total issue Size | 3,360,000 Shares ₹28.22 cr |
| Fresh Issue | 3,360,000 Shares ₹28.22 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 9,000,000 |
| Share Holding Post Issue | 12,360,000 |
| Market Maker | Ss Corporate Securities |
| Market Maker Portion | 176,000 Shares |
| RHP , DHRP | View RHP, View DRHP |
Esconet Technologies IPO Timeline
The Esconet Technologies Initial Public Offering (IPO) is set to open on 16 Feb 24 and will end its subscription phase on 20 Feb 24. You can check your allotment status for Esconet Technologies on 21 Feb 24. The refund process for your funds will start promptly on 22 Feb 24. Esconet Technologies IPO credit of shares will be on 22 Feb 24. The listing date for Esconet Technologies is on 23 Feb 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Esconet Technologies IPO Reservation
The Esconet Technologies IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
176,000 Shares will be reserved for subscription by Ss Corporate Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Esconet Technologies IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 134,400 |
| Retail (Max) | 1 | 1,600 | 134,400 |
| HNI (Min) | 2 | 3,200 | 268,800 |
Esconet Technologies IPO Promoters Holding
Promoters holding details for Esconet Technologies in the current issue is as follows: The share holding of promoters before the issue stands at 89.18%, and after the issue, it has been adjusted to 64.94%.
Promoters of Esconet Technologies are Mr. Santosh Kumar Agrawal, Mr. Sunil Kumar Agrawal,
| Share Holding Pre Issue | 89.18% |
|---|---|
| Share Holding Post Issue | 64.94% |
Esconet Technologies Financial Information
Financial performance details for Esconet Technologies over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 |
|---|---|---|
| Assets | 4,260.46 | 2,798.37 |
| Revenue | 7,146.71 | 9,690.84 |
| Profit After Tax | 305.47 | 304 |
Esconet Technologies IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Esconet Technologies are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 24.87 |
| ROCE | 59.11% |
| ROE | 75.54% |
| RoNW | 54.83% |
Object of the Issue
- • To meet the working capital requirements
- • General Corporate Purpose
- • Investment in Wholly Owned Subsidiary, viz. “Zeacloud Services Private Limited”, to fund its capital expenditure expenses
Contact Details for Esconet Technologies
Phone
Office
D-147, Okhla Industrial Area Phase 1, South Delhi, New Delhi – 110020
Registrar Details for Esconet Technologies
Skyline Financial Services Private Ltd
Phone
Office
D-153 A, 1st Floor Okhla Industrial Area, Phase-I New Delhi - 110020, Delhi, India
Lead Manager
- • Corporate Capitalventures Pvt Ltd