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Open
16 Feb 2024
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Close
20 Feb 2024
3
Allotment
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Listing
Fri, Feb 23, 2024
Price Band
₹80 to ₹84
Issue Size
33,60,000 shares (agg. up to ₹28 Cr)
Lot Size
1,600 Shares
Listing Date
Fri, Feb 23, 2024
Latest GMP
₹100
Est. Gain
119.05%
✦ AI Insight
GMP Trend
23-02-2024₹100Est. ₹184+119.05%
22-02-2024₹100Est. ₹184+119.05%
21-02-2024₹90Est. ₹174+107.14%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 351.76x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
|---|---|---|
| Assets | 42.60 | 27.98 |
| Total Income | 71.47 | 96.91 |
| Profit After Tax | 3.05 | 3.04 |
| NET Worth | 9.03 | 5.54 |
| Reserves and Surplus | 8.25 | 4.77 |
| Total Borrowing | 10.09 | 11.04 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Brisk Technovision Ltd. | SME | ₹12.48 Cr | ₹156 | 15.69 | ₹183.75 | +17.79% | ₹69.88 |
| Newjaisa Technologies Ltd. | SME | ₹39.93 Cr | ₹47 | 15.51 | ₹70.80 | +50.64% | ₹17.15 |
| Rashi Peripherals Ltd. | Mainboard | ₹600.00 Cr | ₹311 | 11.75 | ₹321.50 | +3.38% | ₹794.60 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement of the company “Esconet Technologies Limited | 16.00 |
| 2 | Investment in Wholly Owned Subsidiary, viz. “Zeacloud Services Private Limited”, to fund its capital expenditure expenses. | 2.50 |
| 3 | General Corporate Expenses | 6.69 |
About Esconet Technologies IPO
Updated on Aug 5, 2026
Contact Details
Esconet Technologies Ltd. AddressD-147, Okhla Industrial AreaPhase 1New Delhi, New Delhi, 110020+91 9311881642cs@esc.co.inVisit Website