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Esconet Technologies shares list at 245% premium over issue price

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.

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