The Esconet Technologies IPO commenced on February 16, 2024, and concluded on February 20, 2024. The allotment of shares took place on February 21, 2024, and the initiation of refunds began on February 22, 2024. The shares were credited to the demat accounts of investors on February 22, 2024. Finally, the listing of Esconet Technologies on the stock exchange occurred on February 23, 2024.
The Esconet Technologies IPO was priced at ₹80 to ₹84 per share, with a lot size of 1600 shares. The total issue size was ₹28.22 crores, comprising a fresh issue of ₹28.22 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Esconet Technologies IPO Basic Details
| Company Name | Esconet Technologies Limited |
| Domain of Company | Tech Company |
| Esconet Technologies IPO GMP Today | ₹32 |
| Esconet Technologies IPO Listing Gain | 38.10% |
| Esconet Technologies IPO Open Date | February 16, 2024 |
| Esconet Technologies IPO Close Date | February 20, 2024 |
| Esconet Technologies IPO Allotment Date | February 21, 2024 |
| Esconet Technologies IPO Listing Date | February 23, 2024 |
| Face Value | ₹10 per share |
| Price | ₹80 to ₹84 per share |
| Lot Size | 1600 Shares |
| Issue Size | 3,360,000 shares of ₹10 (aggregating up to ₹28.22 Cr) |
| Fresh Issue | 3,360,000 shares of ₹10 (aggregating up to ₹28.22 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Santosh Kumar Agrawal and Mr. Sunil Kumar Agrawal |
Esconet Technologies IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹32 | 38.10% | – | – |
| 15 February 2024 | ₹32 | 38.10% | – | – |
| 14 February 2024 | ₹32 | 38.10% | – | – |
Esconet Technologies IPO Details:
Established in 2012, Esconet Technologies Limited specializes in top-notch supercomputing solutions and data center facilities. Our offerings include storage servers, network security, virtualization, and data protection to meet diverse business needs.
We provide a range of products and services such as 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.
Esconet goes beyond products with our service and after-sales offerings. We handle IT Hardware Installation & Configuration, Deployment and Seamless Integration of Diverse IT Infrastructure Software, Infrastructure Management & Monitoring, Private Cloud Setup and Management, Annual Maintenance Services, Managed Backup and Disaster Recovery Solutions, Data Migration Services, and Expert Consulting Services.
Through our subsidiary, ZeaCloud Services, we also provide cloud-based services tailored to various business needs like disaster recovery services, managed cloud services, private cloud, and DaaS services.
Notable clients of Esconet include the Ministry of Defence, National Informatics Centre-MeitY, Indian Institute of Technology, Bharat Electronics Limited, Oil & Natural Gas Commission Limited, Engineers India Limited, and Hindustan National Glass & Industries Limited, among others.
As of November 30, 2023, Esconet Technologies Limited proudly boasts a team of over 47 dedicated employees.
Esconet Technologies IPO More Details Click Here
Esconet Technologies IPO FAQs
When is Esconet Technologies IPO open?
Esconet Technologies IPO will open on 16 February 2024.
When is Esconet Technologies IPO Close?
Esconet Technologies IPO will be closed on 20 February 2024.
What is Esconet Technologies IPO GMP Today?
The Esconet Technologies IPO GMP aka Grey Market Premium is ₹32.
What is Esconet Technologies IPO Kostak Rates Today?
The Esconet Technologies IPO Kostak Rate is ₹000.
What is Esconet Technologies IPO Subject to Sauda Price Today?
The Esconet Technologies IPO subject to sauda rates is ₹000.
Esconet Technologies IPO Expected Returns?
The Esconet Technologies expected return is 38.10%.
How much will be the listing gain in Esconet Technologies IPO?
Esconet Technologies IPO will get listing gain of 38.10%. (Approx.)
