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Esconet Technologies Ltd

Registered Office : D-147 Okhla Industrial Area -,Phase 1 South Delhi,New Delhi New Delhi 110020 Phone : +91 93118 81642
Fax :

Email : cs@esc.co.in

Website : https://www.esc.co.in

Public issue of 33,60,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Esconet Technologies Limited (the "Company" or the "Issuer") for cash at a price of Rs. 84 per equity (the "Issue Price") aggregating to Rs. 28.22 crores ("The Issue") comprising of a fresh issue of 33,60,000 equity shares aggregating to Rs. 28.22 crores (the "Fresh Issue") of which 1,76,000 equity shares aggregating to Rs. 1.48 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 31,84,000 equity shares aggregating to Rs. 26.74 crores (the "Net Issue"). The issue and the net issue will constitute 27.18% and 25.76% respectively of the post issue paid up equity share capital of the company.

Issue

Opens On

Closes On

16-Feb-2024

20-Feb-2024

Money Payable On

Application

Allotment

84.00

0.00

Minimum Application for shares in Nos : 1600.0 Further Multiples of : 1600.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

25.19

28.22

12.36

84.00

Corporate Capital Ventures Pvt Ltd

Projects

Working capital requirement of the company Esconet Technologies Ltd

Investment in wholly owned subsidiary viz "Zeacloud Services Pvt Ltd" to fund its capital expenditure expenses

General corporate expenses

Promoted By

Santosh Kumar Agrawal

Sunil Kumar Agrawal

Vineet Agrawal

Listing At

NSE - SME

Registrar to the Issue

Skyline Financial Services Pvt