The address “127.0.0.1:62893” is a local IP address which is usually used with a port number.
127.0.0.1 – It is the loopback address, also called Locahost. It indicates the user’s computer and is often employed as a method of networking in situations when there is no need to leave the computer itself. Therefore any network service on this address will be till the local machine.
62893 – This value refers to a port number. A port is used to distinguish the services or applications on a machine from each other. Foe instance the application or service you are talking about is hosted on the machine at port 62893.
Basically, if this is embossed anywhere in a url or a system log, it means, a program or service running on the host machine has made use of port 62893 for communication. You find this in web development environments and even more in cases where you test network applications on local machine.