The Exicom Tele-Systems IPO date has been confirmed from February 27, 2024 and closes on February 29, 2024. Read the post to learn about Exicom Tele-Systems Limited IPO GMP.
Exicom Tele-Systems Limited IPO is trying to plunge with an IPO worth ₹429.00 crores. The allotment price issued at Rs 329.00 crore and 0.7 crore shares hypothecated are from the existing shareholders interested in selling their stocks worth Rs 100.00 crore. From February 27, 2024, the IPO of Exicom Tele-Systems Ltd will be open to investor participation and close on February 29, 2024. The aim is that the amounts assigned to the Exicom Tele-Systems’ IPO be concluded by Friday, March 1, 2024. The securities of Exicom Tele-Systems will be formally trading on the BSE and NSE starting the day of March 5, 2024.
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Key Details Of Exicom Tele-Systems Limited IPO:
Bidding Dates
February 27 till 29
Price Range
₹135 to ₹142 per share
Face Value
₹10 per share
GMP
₹160
Exicom Tele-Systems Limited IPO GMP
The Exicom Tele-Systems Limited IPO GMP Today is ₹160.
Exicom Tele-Systems Limited IPO Overview
Exicom Tele-Systems has charged between ₹135 and ₹142 for each share in its first public offering (IPO). The Exicom Tele-Systems IPO GMP Today is ₹160. You need to possess at least 100 shares to apply. To participate, retail investors need to invest at least ₹14,200. To engage in sNII, investors must commit a minimum of ₹213,000, equivalent to purchasing 15 lots (1,500 shares), whereas bNII necessitates a more substantial investment of ₹1,008,200 for 71 lots (7,100 shares). The Exicom Tele-Systems Limited IPO GMP Today is ₹160.
Exicom Tele-Systems Limited IPO Details
| IPO Date | 27 February 2024 to 29 February 2024 |
| Listing Date | March 5, 2024 |
| Face Value | ₹10 per share |
| Price | ₹135 to ₹142 |
| Lot Size | 100 Shares |
| Total Issue Size | 30,211,214 shares
(aggregating up to ₹429.00 Cr) |
| Fresh Issue | 23,169,014 shares (aggregating up to ₹329.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 97,655,501 |
| Share Holding Post Issue | 120,824,515 |
Exicom Tele-Systems Financial Performance
| Period Ended | 2023 | 2022 | 2021 |
| Revenue | ₹723.40 | ₹848.96 | ₹524.36 |
| Profit After Tax | ₹6.37 | ₹5.14 | ₹3.45 |
| Expense | ₹690.96 | ₹809.19 | ₹511.54 |
| Amount in ₹ Crore | |||
Exicom Tele-Systems IPO Dates & Listing Performance
| IPO Open Date | Tuesday, February 27, 2024 |
| IPO Close Date | Thursday 29, 2024 |
| Basis of Allotment | March 1, 2024 |
| Initiation of Refunds | March 4, 2024 |
| Credit of Shares to Demat | March 4, 2024 |
| Listing Date | March 5, 2024 |
| Cut-off time for UPI mandate confirmation | February 29, 2024 at 5pm |
Exicom Tele-Systems IPO Market Lot
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 100 | ₹14,200 |
| Retail Maximum | 14 | 1400 | ₹198,800 |
| S-HNI Minimum | 15 | 1,500 | ₹213,000 |
| S-HNI Maximum | 70 | 7,000 | ₹994,000 |
| B-HNI Minimum | 71 | 7,100 | ₹1,008,200 |
Company Profile
Exicom Tele-Systems, a prominent player in India’s management solutions market, was founded in 1994. Its two main business segments are: (i) the electric vehicle supply equipment (or “EV Charger(s)”) solutions business, which offers smart charging systems with cutting-edge technology for use in homes, businesses, and public charging in India (“EV Charger Business”); and (ii) the critical power solutions business, which designs, manufactures, and provides critical engineering services. As of March 31, 2023, they had market shares of 60% and 25% in the
residential and public charging categories, As of March 31, 2023, they had market shares of 60% and 25% in the residential and public charging categories, respectively, making them among the market leaders. They were among the first companies in India to join the EV charger manufacturing business (Source: CRISIL Report). Additionally, as of March 31, 2023, they held a 10% market share in their Critical Power Business and a 16% in the DC Power Systems industry. They are also recognized as a significant participant in the Li-ion Battery market for telecommunications applications. CRISIL Report is the source.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91 22 4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Exicom Tele-Systems Limited |
| Phone number | +91 124 6615 200 |
| Email ID | [email protected] |
| Website | www.exicom.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Exicom Tele-Systems Limited IPO FAQs
When Exicom Tele-Systems IPO will open?
The initial public offering (IPO) for QIB, NII, and Retail investors will take place on February 27, 2024.
What is Exicom Tele-Systems IPO Size?
The size of Exicom Tele-Systems IPO is ₹429 crores.
When is Exicom Tele-Systems IPO Listing Date?
The Exicom Tele-Systems IPO listing date is on March 5, 2024.
When is Exicom Tele-Systems IPO Allotment Date?
The Exicom Tele-Systems IPO allotment date is March 1, 2024.
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