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Esconet Technologies Limited IPO Date, Price, Review and Details

 

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Esconet Technologies Limited IPO

February 16, 2024 - February 20, 2024 Closed

Esconet Technologies Limited IPO  

Esconet Technologies Limited IPO was engaged in established in 2012, specializes in providing various IT services including advanced computing solutions, data center amenities covering storage servers, network security, virtualization, and data safeguarding. Their all-encompassing offerings address the needs of small and medium-sized businesses, big corporations, and government entities. Esconet has built up both expertise and a diverse client base comprising private and public sector organizations listed below. This progress highlights their dedication to top-notch service, creativity, and thorough client assistance.

Company Promoters:

  • Mr. Santosh Kumar Agrawal
  • Mr. Sunil Kumar Agrawal
  • Mr. Vineet Agrawal

Objects of this Issue:

  •  The working capital requirement of the company.
  •  Investment in Wholly Owned Subsidiary, viz. Zeacloud Services Private Limited, to fund its capital expenditure expenses.

  •  General Corporate Expenses.

Financial Information of the Company:

 Particular

As at 30th

September 2023

As of 31st March

2023

Total Assets

4,260.46

2,798.37

Total Liabilities

3,435.27

2,320.89

Net Profit

305.47

303.03

Esconet Technologies Limited IPO Schedule

1.     Bid or Offer Opens on: 16 February 2024
2.     Bid or Offer Closes on: 20 February 2024
3.     Finalization of BoA: 21 February 2024
4.     Initiation of Refunds: 22 February 2024
5.     Credit of shares to Demat account: 22 February 2024
6.     Listing Date: 23 February 2024

Esconet Technologies Limited IPO Lot Size

The market lot size of Esconet Technologies Limited IPO is 3,200 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1600

₹134,400

Maximum

1

  1600

₹134,400

S-HNI(Minimum)

2

  3,200

₹268,800

Company Contact Details:

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

 

Esconet Technologies Limited IPO Registrar Details:

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED

D-153 A, 1st Floor, Okhla Industrial Area, Phase - I, New Delhi-110020

Telephone: +91- 11-40450193-97

Email: ipo@skylinerta.com

Website: http://www.skylinerta.com/


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