Subscribe to Esconet Technologies Ltd: Profitmart

Profitmart, IPO report on Esconet Technologies Ltd

Founded in 2012, Esconet Technologies Limited provides high-end supercomputing solutions, and data center facilities that include storage servers, network security, virtualization, and data protection. ETL 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. It 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 Service Esconet's clients include 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.

Valuation and Outlook

We are positive on ETL for the long term as both India's & Global Cab Data center and Server/Super Computer market offers a massive runway for growth over the next 3-5 years ahead. More importantly, the company enjoys marquee customers which makes its positioning very strong & will help it scale up its operations going ahead After the proposed IPO, the company’s net worth will total Rs 33.88 crore; post-IPO, the equity capitalwill stand at Rs 12.36 crore. We are confident that Esconet Technologies Limited will deliver consistent performance and provide an excellent investment opportunity for investors with a long-term horizon. Hence, we recommend SUBSCRIBE for long-term investment.

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16022023 - Esconet Technologies -IPO - profit