COMPANY OVERVIEW
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, and data centre facilities, encompassing storage servers, network security, virtualization, and data protection. Our comprehensive solutions cater to the needs of SMEs, large enterprises, and public sector clients. Furthermore, Esconet extends its capabilities into the cloud services domain through its wholly owned subsidiary, ZeaCloud Services, ensuring that our clients have access to cutting-edge technology and a seamless IT infrastructure experience.
Throughout this journey, Esconet has garnered not only experience but also the pool of clientele base of private and public sector organizations mentioned below. This positive evolution showcases our commitment to excellence, innovation, and comprehensive client support. As a trusted partner, we are delivering not just solutions, but tailored strategies that empower our clients to thrive in the rapidly evolving landscape of technology.
- Ministry of Defence
- National Informatics Centre-MeitY
- National Informatics Centre Services Inc.
- Indian Institute of Technology
- Indraprastha Institute of Technology Limited
- Bharat Electronics Limited
- Oil & Natural Gas Commission Limited
- Engineers India Limited
- Hindustan National Glass & Industries Limited & many more.
ESCONET TECHNOLOGIES IPO DATE & PRICE BAND DETAILS
IPO Open Date February 16, 2024 IPO Close Date February 20, 2024 IPO Size Approx ₹28.22 Crores IPO Face Value ₹10 Per Equity Share IPO Price Band ₹80 to ₹84 Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 35% IPO QIB Quota 50% IPO NII Quota 15% IPO Discount N/A
ESCONET TECHNOLOGIES IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 1600 ₹134,400 Retail Maximum 1 1600 ₹134,400 S-HNI Minimum 2 3200 ₹268,800
OBJECTS OF THE ISSUE
- Working capital requirement of our company “Esconet Technologies Limited”
- Investment in Wholly Owned Subsidiary, viz. “Zeacloud Services Private Limited”, to fund its capital expenditure expenses.
- General Corporate Expenses.
ESCONET TECHNOLOGIES IPO ALLOTMENT & LISTING DATE (DETAILS)
IPO Open Date Feb 16, 2024 IPO Close Date Feb 20, 2024 Basis of Allotment Feb 21, 2024 Refunds Feb 22, 2024 Credit to Demat Account Feb 22, 2024 IPO Listing Date Feb 23, 2024
ESCONET TECHNOLOGIES FINANCIAL REPORTS
₹ in Crores Year Revenue Expense PAT(Profit After Tax) 2023 ₹94.98 ₹90.52 ₹3.04 2022 ₹68.59 ₹67.99 ₹0.72 2021 ₹44.20 ₹45.25 ₹1.00
OUR PROMOTERS
- Mr Santosh Kumar Agrawal
- Mr Sunil Kumar Agrawal
- Mr Vineet Agrawal
QUALITATIVE FACTOR
- 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 advanced technology.
- Track record of growth and profitability
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 39.63 39.63 3 March 31, 2022 9.43 9.43 2 March 31, 2021 13.10 13.10 1 Weighted Average 20.77 20.77
ESCONET TECHNOLOGIES COMPANY CONTACT DETAILS
D-147 Okhla Industrial Area Phase 1,
South Delhi, New Delhi -110020
Tel: +91-11-43494950
E-mail: corp@esc.co.in
Website: www.esc.co.in
ESCONET TECHNOLOGIES IPO REGISTAR
SKYLINE FINANCIAL SERVICES PRIVATE
LIMITED
D-153 A, 1st Floor, Okhla Industrial Area, Phase – I, New
Delhi-110020
Tel No.: +91- 11-40450193-97
E-mail: ipo@skylinerta.com
Investor Grievances Email id- grievances@skylinerta.com
Website: www.skylinerta.com
Contact Person: Mr. Anuj Rana
