{"id":5787,"date":"2024-02-15T17:04:00","date_gmt":"2024-02-15T11:34:00","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5787"},"modified":"2024-08-28T10:45:36","modified_gmt":"2024-08-28T05:15:36","slug":"ipo-esconet-technologies-limited","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/ipo-esconet-technologies-limited\/","title":{"rendered":"IPO : Esconet Technologies Limited"},"content":{"rendered":"

Esconet Technologies Limited IPO<\/h1>\n\n\n\n\n\n\n\n\n\n
\u00a0SYMBOL<\/strong><\/td>\nESCONET<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE TYPE<\/strong><\/td>\nBook Built Issue IPO<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE OPENS ON<\/strong><\/td>\nFriday, February 16, 2024<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE CLOSES ON<\/strong><\/td>\nTuesday, February 20, 2024<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE PRICE<\/strong><\/td>\n\u20b980 to \u20b984 per share<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE SIZE<\/strong><\/td>\nUp to Rs.28.22 Crores<\/strong><\/td>\n<\/tr>\n
\u00a0FACE VALUE<\/strong><\/td>\nRs.10 per share<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Esconet Technologies IPO is a book built issue of Rs 28.22 crores. The issue is entirely a fresh issue of 33.6 lakh shares.<\/strong><\/p>\n

Esconet Technologies IPO opens for subscription on February 16, 2024 and closes on February 20, 2024. The allotment for the Esconet Technologies IPO is expected to be finalized on Wednesday, February 21, 2024. Esconet Technologies IPO will list on NSE SME with tentative listing date fixed as Friday, February 23, 2024.<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0MINIMUM BID<\/strong><\/td>\n1600 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MINIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.134,400<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM BID<\/strong><\/td>\n1600 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.134,400<\/strong><\/td>\n<\/tr>\n
\u00a0PROMOTER HOLDING<\/strong><\/td>\n64.94% (Post-issue)<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING DATE<\/strong><\/td>\nFriday, February 23, 2024<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING AT<\/strong><\/td>\nNSE-SME<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Esconet Technologies IPO price band is set at \u20b980 to \u20b984 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is \u20b9134,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to \u20b9268,800.<\/strong><\/p>\n

Objects of the Issue (Esconet Technologies IPO Objectives)<\/h4>\n

The company intends to utilize the Net Fresh Issue Proceeds for the following Objects:<\/strong><\/p>\n

    \n
  1. The working capital requirement of the company,<\/strong><\/li>\n
  2. Investment in Wholly Owned Subsidiary, viz. Zeacloud Services Private Limited, to fund its capital expenditure expenses, and<\/strong><\/li>\n
  3. General Corporate Expenses.<\/strong><\/li>\n<\/ol>\n

     <\/p>\n

    SMART IPO using UPI, you can now apply online<\/strong><\/p>\n

    \n

    For Existing Clients :\u00a0https:\/\/gudwil.in\/IPO
    \n<\/a>Open an account : \u00a0    https:\/\/gudwil.in\/smart<\/a><\/strong><\/p>\n

    Further any clarification, feel free to contact your Branch \/ Relationship Manager.For all your investment needs feel free to reach us. Give us a missed call at 90037 90027. For Support: 044-40329999<\/strong><\/p>\n

    Warm Regards,<\/strong><\/p>\n

    Team GoodwillDISCLAIMER :\u00a0Investments in the securities market are subject to market risk. Read all the related documents carefully before investing. The data and information herein provided are believed to be reliable, but Goodwill Wealth Management Pvt. Ltd., does not warrant its accuracy or completeness. Goodwill Wealth Management Pvt. Ltd., or any of its employees are not liable for any action taken by any party based on the above information. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Special note: Short-term trading on the basis of technical is high risk and skill-oriented venture and may result in huge losses also. Traders doing so are doing at their own risk. We are not responsible for any damages. Note: The material is being provided to you for educational purposes only and does not constitute investment advice; returns mentioned herein are in no way a guarantee or promise of future returns. See Disclaimer, Privacy Policy @\u00a0https:\/\/www.gwcindia.in\/Disclaimer<\/a><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    Esconet Technologies Limited IPO \u00a0SYMBOL ESCONET \u00a0ISSUE TYPE Book Built Issue IPO \u00a0ISSUE OPENS ON Friday, February 16, 2024 \u00a0ISSUE CLOSES ON Tuesday, February 20, 2024 \u00a0ISSUE PRICE \u20b980 to \u20b984 per share \u00a0ISSUE SIZE Up to Rs.28.22 Crores \u00a0FACE VALUE Rs.10 per share Esconet Technologies IPO is a book built issue of Rs 28.22 […]<\/p>\n","protected":false},"author":6,"featured_media":5788,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[],"class_list":["post-5787","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-ipo","post_format-post-format-image"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=5787"}],"version-history":[{"count":0,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5787\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/5788"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=5787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}