Esconet Technologies IPO Subscription Details

Bookbuilding IPO | ₹28 Cr | Listed at NSE SME | Fri, Feb 16, 2024 - Tue, Feb 20, 2024

Basis of Allotment - Esconet Technologies IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)6,36,8009,53,60015,90,4004,78,40011,15,20031,84,000
Allotment price (Rs.)848484848484
No.of applications7147533,6073,79,9604,13,642
No.of shares applied9,80,67,2009,53,6009,90,20,80041,30,52,80060,79,36,0001,12,00,09,600
Amount collected (Rs.cr.)823.76 8.01 831.77 3,469.64 5,106.66 9,408.08
No.of times subscribed154.001.0062.26863.40545.14351.76
No.of shares allotted6,36,8009,53,60015,90,4004,78,40011,15,20031,84,000
Amount (Rs.cr.)5.35 8.01 13.36 4.02 9.37 26.75
No.of allottees704742966971,067

IPO Shares Offered

Esconet Technologies IPO is a public issue of 0.32 Cr equity shares. The issue offers 0.11 Cr shares to retail investors, 0.16 Cr shares to qualified institutional buyers, and 0.05 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker1,76,0001.48 5.24%
QIB 15,90,40013.36 47.33%
    Anchor 9,53,600 8.01 28.38%
    QIB (Ex Anchor) 6,36,800 5.35 18.95%
NII* 4,78,4004.02 14.24%
Retail11,15,2009.37 33.19%
Total33,60,00028.22 100%

Esconet Technologies IPO Anchor Investor Allocation

A total of 9,53,600 shares at a price of Rs 84 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 15, 2024
Anchor investor price₹84.00
Anchor investors as % of QIBs59.96%
No. of shares locked-in for 30 days4,76,800
No. of shares locked-in for 90 days4,76,800
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 PERSISTENT GROWTH FUND PERSISTENT 3,58,400 3.01 37.58 10.67
2 INDIA MAX INVESTMENT FUND LTD. INDIA MAX INVESTMENT FUND LTD. 2,38,400 2.00 25.00 7.10
3 CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND CRAFT EMERGING MARKET FUND PCC 2,36,800 1.99 24.83 7.05
4 ASTRONE CAPITAL VCC ASTRONE CAPITAL 1,20,000 1.01 12.58 3.57
9,53,6008.0110028.38

IPO Subscription FAQs

The Esconet Technologies IPO is subscribed 507.24 times by Feb 20, 2024 18:21.

Esconet Technologies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional156.02
Non Institutional868.05
Retail Individual553.02
Total Subscription507.24

Retail category of Esconet Technologies IPO subscribed 553.02 times as of date Feb 20, 2024 18:21. The public issue closes on Tue, Feb 20, 2024 for bidding.

An investor can apply in Esconet Technologies IPO online via bank (using ASBA) or the broker (using UPI). The Esconet Technologies IPO shares are offered online only.

The Esconet Technologies IPO is subscribed 507.24 times by Feb 20, 2024 18:21.

The Esconet Technologies IPO allotment status is expected on or around Wednesday, February 21, 2024. Visit Esconet Technologies IPO allotment status to check.

The Esconet Technologies IPO listing date is February 23, 2024. The equity share of Esconet Technologies IPO will list on NSE SME.

Visit Esconet Technologies IPO subscription status page for real-time bidding information about Esconet Technologies IPO.

Esconet Technologies IPO Timetable

IPO opens OnFriday, February 16, 2024
IPO Closes OnTuesday, February 20, 2024
Finalisation of Basis of AllotmentWednesday, February 21, 2024
Initiation of RefundsThursday, February 22, 2024
Credit of Shares to Demat AccountThursday, February 22, 2024
IPO Listing DateFriday, February 23, 2024
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