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
Official Registrar Verification
Esconet Technologies Limited Allotment Status
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
21 Feb 2024
Basis finalization
Refunds Initiate
22 Feb 2024
Mandate release
Demat Credit
23 Feb 2024
Shares in demat
Listing Debut
23 Feb 2024
Trading begins
How to Check Esconet Technologies Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
- Select Esconet Technologies Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Esconet Technologies Limited Public Issue & Market Profile
Esconet Technologies Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹28.22 Crores. The shares are offered at a price band of ₹80 to ₹84 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,34,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-02-23, while un-allotted funds or UPI block mandates will be released on 2024-02-22.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.