Esconet Technologies IPO received a stellar response from investors with an overall subscription of over 471 times at close. The overwhelming response was led by NII and retail investors whose categories were booked 800 and 500 times, respectively. The company is engaged in the business of meeting a wide range of IT requirements such as high-performance supercomputing solutions, data centre facilities, encompassing storage servers, network security, virtualization, and data protection.
Investors can check the status of Esconet Technologies IPO allotment by logging in to the official website of the registrar, which is Skyline Financial Services in this case.
Esconet Tech IPO Day 3: The price band was fixed in the range of Rs 80 to Rs 84 apiece for a lot size of 1,600 equity shares. The company plans to raise around Rs 28.22 crore (at upper band) from the offering and aims to be listed with NSE Emerge.
Esconet Technologies Rs 28-crore SME IPO has been garnering an overwhelming response from investors with an overall subscription of 259 times so far on Tuesday, the last day of the bidding process.
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