Esconet Technologies Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 15-02-2024 | 19-02-2024 | ₹10 per share | 0 | 1600 Shares | NSE SME | 3,360,000 shares (aggregating up to ₹28.22 Cr) | 2024-02-20 18:30:00 | 2024-02-21 18:30:00 | 2024-02-21 18:30:00 | 22-02-2024 |
About The Company
Esconet Technologies IPO is a book built issue of Rs 28.22 crores. The issue is entirely a fresh issue of 33.6 lakh shares.
Esconet Technologies IPO bidding started from February 16, 2024 and ended on February 20, 2024. The allotment for Esconet Technologies IPO was finalized on Wednesday, February 21, 2024. Esconet Technologies IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.
Esconet Technologies IPO price band is set at ₹80 to ₹84 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹134,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹268,800.
Corporate Capitalventures Pvt Ltd is the book running lead manager of the Esconet Technologies IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Esconet Technologies IPO is Ss Corporate Securities.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 21-06-2023 | 4260 | 7147 | 305 | 902.97 | 825.19 | 1008.95 |
| 21-07-2023 | 2798 | 9691 | 304 | 554.47 | 477.48 | 1103.89 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Qualified Institutions | 156.02 |
| Non-Institutional Buyers* | 868.05 |
| Retail Investors | 553.02 |
| Total * | 507.24 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 134400 |
| Retail (Min) | 1 | 1600 | 134400 |
| HNI (Min) | 2 | 3200 | 268800 |
IPO Listing Details
| Listing Date | 22-02-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr. Santosh Kumar Agrawal and Mr. Sunil Kumar Agrawal
Contact Information of the Company
Esconet Technologies Limited
D-147,
Okhla Industrial Area Phase 1,
South Delhi, New Delhi – 110020
Phone: +91 9311881642
Email: cs@esc.co.in
Website: https://www.esc.co.in/
IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Manager
Corporate Capitalventures Pvt Ltd