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IPO Details


Esconet Technologies Ltd
Registered Office: D-147 Okhla Industrial Area -, Phase 1 South Delhi, New Delhi - 110020, New Delhi
Phone: +91 93118 81642
Email: cs@esc.co.in
Website: https://www.esc.co.in
Public issue of 33,60,000 equity shares of face value of Rs. 10 each (Equity Shares) of Esconet Technologies Limited (the Company or the Issuer) for cash at a price of Rs. 84 per equity (the Issue Price) aggregating to Rs. 28.22 crores (The Issue) comprising of a fresh issue of 33,60,000 equity shares aggregating to Rs. 28.22 crores (the Fresh Issue) of which 1,76,000 equity shares aggregating to Rs. 1.48 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 31,84,000 equity shares aggregating to Rs. 26.74 crores (the Net Issue). The issue and the net issue will constitute 27.18% and 25.76% respectively of the post issue paid up equity share capital of the company.
Issue Money Payable On
Opens On Closes On Application Allotment
16-Feb-2024 20-Feb-2024 84.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
()Cr. Lead Managers to the Issue
Project Cost 25.19 Corporate Capital Ventures Pvt Ltd
Project Financed through Current Offer 28.22
Post Issue Equity Share Capital 12.36
Issue Price 84.00
Projects
Working capital requirement of the company Esconet Technologies Ltd
Investment in wholly owned subsidiary viz Zeacloud Services Pvt Ltd to fund its capital expenditure expenses
General corporate expenses
Promoted By
Santosh Kumar Agrawal
Sunil Kumar Agrawal
Vineet Agrawal
Listing At
NSE - SME
Registrar to the Issue
Skyline Financial Services Pvt

INDIAN INDICES

Sensex

83,184.80 236.57 (0.29%)

Nifty

25,415.80 38.25 (0.15%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

17,573.30 -54.76 (-0.31%)

HANG SENG

18013.16 353.14(2.00%)