Esconet Technologies Limited
ListedSMEEmerging SME Services · NSE
Esconet Technologies Limited specializes in high-end supercomputing solutions and data center services, offering advanced storage, network security, virtualization, and data protection. Its product portfolio includes servers, graphics workstations, data storage solutions, network security tools, backup and disaster recovery solutions, and high-availability databases. The company also provides IT services such as hardware installation, infrastructure management, private cloud setup, data migration, and expert consulting. Through its subsidiary ZeaCloud Services, Esconet offers cloud-based solutions, including disaster recovery, managed cloud services, and Desktop-as-a-Service (DaaS). The company serves prestigious clients such as the Ministry of Defence, National Informatics Centre (MeitY), Indian Institutes of Technology (IITs), Bharat Electronics, ONGC, and Engineers India Limited. As of November 30, 2023, Esconet had over 47 employees.
Price Band
₹80 – ₹84
Issue Size
₹28.22 Cr
Lot Size
1600 shares
GMP
₹100
+119.0%
Est. Listing
₹184
at current GMP
Subscribed
507.32x
overall
Open
16 Feb 2024
Close
20 Feb 2024
Allotment
21 Feb 2024
Refund
22 Feb 2024
Demat Credit
23 Feb 2024
Listing
23 Feb 2024
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹80 - ₹84 per equity share
- •Minimum bid lot is 1600 shares
- •Estimated listing target of ₹184 based on current grey market activity