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Esconet Technologies files DRHP with SEBI for NSE SME listing
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₹10. The issue's book running lead manager is Corporate Capital Ventures, with Skyline Financial Services serving as the registrar.
Also Read: HRH Next Services IPO allotment to be finalised today; Latest GMP, steps to check HRH Next IPO allotment status As per the DRHP document, Esconet will utilise ₹16 crore of the IPO proceeds to meet its long-term working capital needs. Additionally, it plans to invest ₹2.5 crore in ZeaCloud Services Private Limited, its wholly-owned subsidiary, to strengthen its infrastructure through the purchase of extra hardware and software.
The objective is to increase capacity, strengthen security protocols, and improve overall monitoring capabilities. "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.comAbout this in other media
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FirstCry IPO: CEO Supam Maheshwari sold 6.2 million shares before filing DRHP livemint.com /11 months ago
Unicommerce files DRHP with SEBI to sell 28.9 million shares livemint.com /11 months ago
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