Esconet Technologies' shares list with 245% premium to IPO price

Esconet Technologies' shares listed with a premium of 245% over their IPO price of ₹84. The shares opened on NSE at ₹290 on Friday, giving the company an mcap of ₹340 crore. Esconet's IPO was oversubscribed 500 times, with the retail portion booked 553 times and non-institutional investors placing bids for shares 868 times more than those assigned to them.