Esconet Technologies Limited IPO (Esconet Technologies IPO) Detail

​@newgen consultancy Holding Azad engineering SHNI lot from IPO, what is your view?It appears expensive now.

​@Admin @ Chittorgarh.com 
BOA page is having 404 error. can you please fix it ?

Market maker sold partially and bought some.

Detailed analysis!!
📌To open data centers in various states, the Indian government is considering a number of projects. For ex, the UP-Data Center Policy established a target investment of INR 20,000 Cr 🔥 for the development of the 250MW data center industry. 💫

📍➡️Esconet Cloud Arm, ZeaCloud Services, secures 5-Year contract to modernize Morepen's Edge Cloud Infrastructure.✅

📌Recognizing the demand in the Indian market, Esconet introduced its brand, HexaData, specializing in high-performance Servers, Workstations, and storage systems. Additionally, Esconet's strategic collaboration with #NVIDIA has resulted its growth in the Artificial Intelligence (AI) and Machine Learning (ML) domain, enhancing its servers and workstations.💫

📌Promoter interview pts:-
➢We have 100% success rate and satisfaction rate.✅
➢We have repeated customers for HexaData brand.🔥
➢One of my favourite project is the Global Data centre which we built for ONGC, which is accessed by all of their offices across the globe.🔥 🔥
➢Our partners considers us as their own company.💫
➢We can grow at 50% CAGR in future.🚀
➢My dream is to have Esconet rated with an NPS of 95+.✅

📍INDUSTRIES they serve:- Defence, manufacturing, education, healthcare, logistics, telecommunications, legal service ,financial service and Media & entertainment.

📌📌 ➡️ ➡️
▪️Founded in 2012, Esconet Technologies ltd✅ provides high-end supercomputing solutions, and data center facilities that include storage servers, network security, virtualization, and data protection.

📌The company offers Servers and Graphics Workstations, Comprehensive Data Storage Solutions, Virtualization Software, Backup and Disaster Recovery Solutions, Data Centre and Access Networks, Advanced Software Defined Networks, Network Security Tools, Email Communication Systems, Databases with High Availability, and Log Management and Analytics Software.🔥

▪️The company also provides service and after-sales services which include IT Hardware Installation & Configuration, Deployment and Seamless Integration of Diverse IT Infrastructure Software, Infrastructure Management & Monitoring, Expertise in Private Cloud Setup and Management, Annual Maintenance Services, Managed Backup and Disaster Recovery Solutions, Data Migration Services, and Expert Consulting Services.💫💫

▪️➡️The company also offers cloud-based services through its subsidiary ZeaCloud Services catering to various business needs, e.g. disaster recovery services, managed cloud services, private cloud, and DaaS services.🚀

📌Listed peers P/E:-
➢E2E Network: 73
➢Netweb Techno: 166😮
➢Esconet : 50 ✅

📌AWARDS & RECOGNITION:-
➢Awarded "Top 10 Most Admired Companies in India 2023.” -Economic Times.🔥
➢Esconet Technologies Limited Recognized on Forbes India’s List of Top 200 Organizations with Global Potential(2023).🔥
➢Cloud Data Center Specialist award by INTEL✅ (2018).
➢Best SI Partner by AMD✅ (2018).
➢Most Significant Project of the Year by Veeam (2022).
➢ChannelWorld Premier100 Award ( 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2021 and 2022).🔥
➢Appreciation award by Hewett Peckard Enterpise✅ (2019).

📌About Hexadata SUPERCOMPUTER:-🔥

▪️This fusion of leading technologies enables an unprecedented level of performance for both single-threaded and parallelized tasks, positioning these systems as exceptionally versatile across an array of critical domains including scientific research, data analytics, financial modeling, and media rendering.🔥

➡️KEY Features:-
➢Unmatched Computational Power.✅
➢AI (Artificial Intelligence) and ML (Machine Learning) Optimization.✅
➢Advanced Graphics Workstations.🔥
➢Dedicated Data Storage Solutions.
➢Reliability and Enterprise-Grade Performance.💫

📌📌
▪️IPO price: Rs.84
▪️IPO size: 28.22Cr (excluding anchor size is: 20.21Cr)
▪️CMP:Rs.248
▪️Market cap: 306Cr
▪️P/E: 50✅
▪️EPS:4.94
▪️ROE: 75.54%
▪️ROCE: 59.11%
▪️RoNW: 54.83%
▪️Employees:47
▪️Debt/Equity:1.9
▪️Assets: 42.6Cr
▪️Total Borrowing: 10Cr (Reserves and Surplus:8.25Cr)
▪️Share Holding Pre Issue: 89.18%
▪️Share Holding Post Issue: 64.94%

📌FINANCIALS:
▪️FY24H1 Rev: 71.46 Cr🔥
▪️FY24H1 PAT: 3.06 Cr🔥(>FY23 full year)
▪️FY23 revenue is 96.9Cr as compared to 69 Cr(FY22), 41%✅ growth yoy.
▪️FY23 PAT is 3.04 Cr as compared to 0.72 Cr(FY22), 322%✅ growth yoy.
▪️120%🔥 growth in revenue in last 2 years.
▪️30400%🔥 growth in PAT in last 2 years.

(PAT margins of - (2.28) % (FY21), 1.06% (FY22), 3.21% (FY23), 4.28% (H1-FY24).✅)
(📍Increase in Revenue is due to competitive advantage and increase in govt orders)

📌Revenue Bifurcation:-
▪️Government:- 25-36%✅
▪️Other than Government:- 64-75%✅

📌IPO funds:
From the net proceeds of the IPO funds, it will utilize Rs. 16.00 cr. for working capital, Rs. 2.50 cr. for investment in wholly owned subsidiary i.e. Zeacloud Services Pvt. Ltd., and the rest general corporate purposes.

📌➡️CLIENTS:
➢Ministry of Defence🔥
➢National Informatics Centre-MeitY✅
➢National Informatics Centre Services Inc. – MeitY✅
➢IIT🔥
➢Bharat Electronics Limited💫
➢ONGC✅
➢SIEMENS🔥
➢Morepen lab.
➢MapMyIndia🔥
➢Engineers India Limited

📌SECTOR GROWTH:
▪️The global supercomputer market is projected to increase at an impressive CAGR of 10.5% and hit a valuation of US$ 19 billion by the end of 2033, up from US$ 7 billion in 2023.✅

▪️The global server market size is anticipated to reach USD 175.29 billion by 2030, growing at a CAGR of 9.3% from 2023 to 2030, according to the latest study by Grand View Research, Inc.✅

▪️India Server Market was valued at USD 1602.97 million in 2022 and is expected to register a CAGR of 7.19% during the forecast period, owing to a rapidly increasing investment in Data Centre due to increased usage of cloud services in the country.✅

▪️Cloud System Management Market Size was valued at USD 2.1 billion in 2022. The Cloud System Management market industry is projected to grow from USD 2.34 Billion in 2023 to USD 5.59 billion by 2032, exhibiting a compound annual growth rate CAGR of 11.50% during the fore2023 - 2032).✅

▪️In order to stop the spread of COVID-19, India went into lockdown. This led to the country's remote working policy, which has been substantially backed by cloud computing solutions and enables employees to do jobs effectively from any place. On the cloud, such as businesses and governments can effectively handle a lot of data.🚀

▪️With more than 1 billion mobile devices and 45 million internet users, India's data center growth is outpacing that of the rest of the world.🔥

📌STRENGTH:
➢Partnerships and Alliances.✅

➢Experienced Promoter and management team with strong industry expertise and successful track record (promoter experience of over 20 years🔥).

➢Long term relationship with clients and repeat & diversified business.(Marque Clients✅)

➢Versatile, Technically Sound and young operation Team, which understands creativity at its excellence.

➢Well versed and equipped with advance technology.🔥

➢Track record of growth and profitability.

📌FUTURE PLAN:

▪️Provide tailor-based services as customer desires.

▪️Technological enhancements.✅

▪️Continued focus on post sales services.

▪️Focus on increasing revenues by leveraging core competencies and grow their business.

▪️Continue to enhance their core strengths by attracting, retaining and training qualified personnel.

📌Disclosure: Not a buy recommendation. only for study and education purpose. Please consult your financial advisor before investing. Although the write up accurately reflects the personal view of the author, there may be manual/human errors in the writeup. Please stop investing blindly. 🙏🙏

Dear,
Can you give me advise please I bought at 290 rs. Now I am in. Loss around rs. 68 k.
Please give me advise what can I do from here.

​@SJogi Its a good analysis. But it is not compelling anyone to buy at cmp 245 paying hefty premium over ipo price(200%)..it will be better for investor at this counter to enter below atleast 200 or 150...RR will be favoured to those who mind it...otherwise people will burn their fingers as they did in maxposure & new swan multitech...however both were good companies...but fomo factor enticed innocent retail investors to trap in these counters with unreasonable prices...people made huge losses....plz note that its SME not a normal main board scrip.
Decision is yours...money is yours....play safe be happy!!!

Hi friends,which levels from it will be reversed.

whenever volume is good and lc vol starts gettnig weak. That means big people are buying , as retailers are scared to buy at lc.

Answer to @NealCaffery 's question.

📌Esconet has strategic collaboration with Nvidia ✅ which resulted in growth of Artificial Intelligence (AI) and Machine Learning (ML) domain, enhancing its servers and workstations.💫
➡️Introduced HexaData SUPERCOMPUTER😮🔥

📍Listed peers P/E:-
➢E2E Network: 73
➢Netweb Techno: 166😮
➢Esconet PE: 52 ✅

📌Esconet Technologies Limited Recognized on Forbes India’s List of Top 200 Organizations with Global Potential(2023)✅🔥.

➡️📍Clients:-
➢Ministry of Defence🔥
➢National Informatics Centre-MeitY✅
➢National Informatics Centre Services Inc. – MeitY✅
➢IIT🔥
➢Indraprastha Institute of Technology Limited
➢Bharat Electronics Limited💫
➢ONGC✅
➢Engineers India Limited
➢Hindustan National Glass & Industries Limited etc🔥🚀

✔️will post detailed analysis soon.

📍It is on LC today, not buying today!
i may add tomorrow at Lc if it is abt to break.🙏

📌Disclosure: Not a buy recommendation. only for study and education purpose. Please consult your financial advisor before investing. Although the write up accurately reflects the personal view of the author, there may be manual/human errors in the writeup. Please stop investing blindly

Thanks for your analysis @SJogi . Just one basic question - How to know when it is about to break and is a good time to Buy/Add?

​@lokes Hi, your review on buying Esconet technologies at today's price for long term.

People know that they wouldn't be able to sell but are placing order any how.

Did not have time to do an in-depth analysis of the company. Did see some recent videos of promoters. Interesting company:

"we don't want to grow too fast.....but year on year, we want to grow by 50% ....it is achievable.....
(at 9:55 minutes of the 12:43 minutes video)
Sunil Agarwal - Director during interview at Convergence 2024

"Hope IPO is successful and we get the required working capital....once we are able to utilize that raised capital, growth will be enormous....for next 2-3 years......we should be able to grow the numbers exponentially.....
(at 16:42 minutes of 25:23 minutes video)
Santosh Kumar - Chairman - Face to Face

I have bought I lot yesterday at@ 290 rs. How many lower circuit from here . Please give me advise experts what can I do from here

Bhai, yeh to 150 jayega. Kal bech dena. Maxosure dekh lo. Kuch log tayyar hai lene ke liye. Phir mauka mile na mile.
Hum bhi le sakte hain 2-3 circuit ke baad. 150 tak bardasht ki taakat hai. 150 par 2-4 aur le lenge.

📌Bought 1 lot of #Esconet technologies at LC today!

▪️IT provides high-end Supercomputing solutions, and data center facilities that include storage servers, network security, virtualization, and data protection.

📍Clients:-Ministry of Defence✅, National Informatics Centre-MeitY, National Informatics Centre Services Inc - MeitY, Indian Institute of Technology, Indraprastha Institute of Technology Limited, Bharat Electronics Limited, Oil & Natural Gas Commission Limited, Engineers India Limited and Hindustan National Glass & Industries Limited and many more. 🔥🔥

📌Disclosure:- Not a buy recommendation. only for study and education purpose. Please consult your financial advisor before investing.

Bought #esconet today at LC, should reverse on monday or tuesday. It has partnership with NVIDIA😮🔥!

➡️Serves to MINISTRY of DEFENCE ✅and many more...

Have a look at their website🔥🔥

📍Will post detailed analysis soon.

📌Disclosure:- Not a buy recommendation. only for study and education purpose. Please consult your financial advisor before investing.

Not a buy/sell recommendation 🙏🙏
Pls do thorough research before buying any stock✅

Mr M Gupta

You were perfect this time.

Please keep providing your SME IPO prefrences and ratings. as per your advise, i sold on listing preopen itself. Made Good profit. Now Lower cercuit. I am saved.

Thank You dil se.

​@KGSKIPO 
If you want to sell in preopen to have to punch your trade before 9:45 or some times 9.44 am.

To be on safer side punch the trade before 9:42.

If you want to sell at whatever is the pre open price , then feed the lowest possible selling rate. But I advise you to put the sell rate suitable to you. E.g. I wanted to sell if the sahees lists @ 185 or above, not less than that, then i should feed 184.95 as my selling quote in pre open.

If equilibrium price is 185 or above my shares will get sold @ equilibrium price. Here in this case i had feeded @ 184.95, and equilibrium price being higher than that, so my shares got sold for 290.

​@M Gupta Thanks.

What a overpriced listing!
Almost 3.5 x of issue price and 50% alloted people still didn't sold in greed of more money.
And people are still buying at 4-5 lakh per lot!
Only euphoria and fomo is playing now , it's above 100 PE now.

​@Simply Vicky Exactly.

This stock reminds me of MAXPOSURE listing...many people burnt their fingers there...now i do not see those ipo listings》3.5 times of ipo price...people must realise near term risk...that's the way to escape losses.
Money saved money earned. Decision is yours!

Today five sme listings
Esconet and Thaai expected for blockbuster listing
Atmastco, Interiors, and Kalaharinandan - Mediocre listing
Expected

Itna paisa hai kya desh ki janta ke pass... All 5 IPOs bumper listings and still buying 😵‍💫😯

bought 1 lot esconet

opening 200 plus

Pre-Open price at 310, bumper listing on its way

Esconet Technologies Ltd NSE SME IPO.
NSE Code:-22767                  
Symbol:-ESCONET
Group:-ST
ISIN:-INE0RQZ01017      
Issue Price:-84/-
Market Lot:-1600 Shares
Face Value:-10/-
Listing At:-NSE SME