ESCONET TECHNOLOGIES (NSE SME)
Feb 16, 2024 - Feb 20, 2024
| Price | ₹80 - ₹84 |
| Premium | ₹100 |
|---|---|
| Lot size | 1600 |
| Allotment | Feb 21, 2024 |
| Listing | Feb 23, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 134400 | 697 |
| HNI | 2 | 3200 | 268800 | 299 |
Last updated on 20-Feb-2024 17:01:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 636800 | 99350400 | 156.02 |
| NIB | 478400 | 415451200 | 868.42 |
| RETAIL | 1115200 | 616723200 | 553.02 |
| Total | 2230400 | 1131524800 | 507.32 |
| Retail Apps | 385452 | © IPO Premium | |
| HNI Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹97.93 | @8% ₹111.92 | @9% ₹125.91 | @10% ₹139.9 | @11% ₹153.89 | @12% ₹167.88 |
Esconet Technologies Private Limited, incorporated in 2012, has established itself as a prominent system integrator in the IT infrastructure, cloud computing, managed services, and data security sectors. Over the years, the company has evolved from being a hardware and software vendor to becoming a trusted advisor, manufacturer, integrator, and service provider for numerous private and public sector organizations.
Since its inception, Esconet Technologies Private Limited has undergone a significant transformation, expanding its scope of services and expertise. The company's evolution from a traditional vendor to a comprehensive solution provider has enabled it to cater to the diverse needs of both private and public sector entities.
Esconet Technologies Private Limited specializes in the following key areas:
- IT infrastructure
- Cloud computing
- Managed services
- Data security
Through its commitment to excellence and innovation, Esconet Technologies Private Limited has emerged as a trusted partner for organizations seeking reliable IT solutions. The company's role as an advisor, manufacturer, integrator, and service provider underscores its comprehensive approach to addressing the technological requirements of its clients.
Esconet Technologies Private Limited's journey from its establishment in 2012 to its current standing as a leading system integrator reflects its dedication to growth, adaptability, and providing valuable services to a wide range of clients in the private and public sectors
No. of shares (FV Rs. 10 each) : 33,60,000 Equity Shares (Fresh Issue)
Price band (Rs.) : 80-84
Issue size (Rs. 28.22Cr.) : (at upper band) 28.22
Issue type : Fresh Issue through Book-building
Lot Size : 1600 Equity Shares
Esconet Technologies Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 |
| Assets | 4,260.46 | 2,798.37 |
| Revenue | 7,146.71 | 9,690.84 |
| Profit After Tax | 305.47 | 304.00 |
| Net Worth | 902.97 | 554.47 |
| Reserves and Surplus | 825.19 | 477.48 |
| Total Borrowing | 1,008.95 | 1,103.89 |
| Amount in ₹ Lakhs | ||
| KEY PERFORMANCE INDICATOR | 2023 | 2022 | 2021 |
| Return on Equity | 75.54% | 33.77% | -56.42% |
| Return on Capital Employed | 59.11% | 20.76% | -8.33% |
| Debt-to-Equity Ratio | 1.99 | 3.09 | 3.56 |
| Return on Net Worth | 54.83% | 28.89% | -56.42% |
| Basic & Diluted EPS | 39.63 | 9.43 | -13.10 |
| Price-to-Book Value | 1.16 | - | - |
| Price-to-Earnings (P/E) Ratio | 24.87 | - | - |
Strength Factors
· Experienced promoters: The Company benefits from the expertise and guidance of seasoned promoters, providing valuable leadership and strategic direction.
· Marquee clients and reputation: The Company boasts prestigious clients and a strong reputation in the industry, enhancing credibility and fostering trust among stakeholders.
· Brand awareness: The Company has established significant brand awareness, enabling it to stand out in the market and attract customers effectively.
Risk Factors
· Dependency on manufacturers and suppliers: The Company’s reliance on specific manufacturers and suppliers may pose risks, such as supply chain disruptions or quality issues, potentially impacting operations and customer satisfaction.
· Dependence on corporate IT budgets: The Company’s business may be vulnerable to fluctuations in corporate IT budgets, affecting demand for its products or services and revenue generation.
Corporate CapitalVentures Private Limited
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php