Exicom Tele-Systems Limited IPO

Exicom Tele-Systems Limited IPO bidding starts from February 27, 2024 and ends on February 29, 2024. The allotment for the Exicom Tele-Systems Limited IPO is expected to be finalized on March 1, 2024. Exicom Tele-Systems Limited IPO will list on BSE, NSE with tentative listing date fixed as March 5, 2024. Exicom Tele-Systems Limited IPO price band is set at ₹135 to ₹142 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹14,200.

Important Dates:-

ParticularsValue
Open Date:-February 27, 2024
Close Date:-February 29, 2024
Allotment Date:-March 1, 2024
Listing Date:-March 5, 2024

About Exicom Tele-Systems Limited :-

Established in 1994, Exicom Tele-Systems Limited specializes in power systems, electric vehicle (EV) charging, and related solutions, operating across two main business divisions.

Under the Power Systems vertical, Exicom delivers uninterrupted power solutions tailored for digital communication networks.

In the realm of EV Charging Solutions, Exicom boasts a portfolio comprising over 6,000 AC and DC chargers deployed in India and Southeast Asia. These solutions are engineered to endure harsh environmental and electrical conditions.

As of March 31, 2023, Exicom emerged as a pioneer in India's EV charger manufacturing sector. The company's EV Charger business encompasses both slow charging solutions, primarily AC chargers for residential use, and fast charging solutions, including DC chargers for commercial and public charging networks in urban areas and highways. Its clientele encompasses established automotive OEMs, charge point operators (CPOs), and fleet aggregators.

By September 30, 2023, Exicom had installed over 61,000 EV chargers across 400 locations in India. Additionally, the company deployed 470,810 Li-ion Batteries for telecommunications applications, representing a storage capacity exceeding 2.10 GWH.

Exicom's manufacturing facility adheres to ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015 standards.

As of September 2023, Exicom has supplied EV Chargers to over 70 clients, including 15 automotive OEMs, 32 national and regional CPOs, and four fleet aggregators.

Employment-wise, as of September 30, 2023, Exicom boasts a workforce of 1,190 in India, comprising 443 contractual employees and 732 technically qualified personnel—438 holding diplomas and 294 possessing engineering degrees. Furthermore, the company employs 50 individuals across its subsidiaries.

Contact Details :-

Address:- Exicom Tele-Systems Limited 8, Electronics Complex, Chambaghat Solan 173 213

Phone:- +91 124 6615 200

E-mail:- ivestors@exicom.in

Website:- https://www.exicom.in/

IPO Details :-

ParticularsValue
IPO Type:-Mainline
Price:-₹135 to ₹142
Lot Size:-100
Minimum Amount for 1 Lot:-14,200
Listing At:-BSE, NSE
Total issue of Shares:-3,02,11,214
Total issue Size:-429 Crore
Fresh issue of Shares:-2,31,69,014
Fresh issue Size:-329 Crore
Offer for Sale issue of Shares:-70,42,200
Offer for Sale issue Size:-100 Crore
Face Value:-10 per Equity Share
Retail Quota:-10%
QIB Quota:-75%
NII Quota:-15%

Financial Information :-

Amount in ₹ Crore

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets629.41705.09602.99678.46
Revenue467.21723.40848.96524.36
Profit After Tax27.466.37 5.143.45
Net Worth311.40232.00221.57213.44
Reserves and Surplus204.95213.61207.39201.55
Total Borrowing72.84117.92107.67101.76

Key Performance Indicator :-

ParticularsValue
Market Cap (₹ in Crore):-1,715
ROE:-13.38%
ROCE:-10.92%
RoNW:-2.75%

IPO Registrar :-

Name:- Link Intime India Private Ltd

Website:- https://linkintime.co.in/initial_offer/public-issues.html

IPO Prospectus :-

ParticularsLink
Exicom Tele-Systems Limited IPO DHRP:-Click Here
Exicom Tele-Systems Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
23-02-202413027291.55%
24-02-2024 13027291.55%
25-02-2024 13027291.55%
26-02-2024 170312119.72%
27-02-2024180322126.76%
28-02-2024 165307116.2%
29-02-2024151293106.34%
01-03-2024155297109.15%
02-03-2024 155297109.15%
03-03-2024 155297109.15%
04-03-2024 160302112.68%
05-03-2024160302112.68%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 27, 20240.8419.9829.3119.9819.9811.23
February 28, 20245.1356.7368.3556.7356.7330.70
February 29, 2024124.82159.29124.27159.29159.29133.56

Allotment Status:-

ParticularsLink
Check Allotment Status (available on March 1, 2024)Click Here

Listing Details :-

ParticularsValue
Listing Date:-March 5, 2024
BSE Script Code:-544133
NSE Symbol :-EXICOM
ISIN:-INE777F01014
Final Issue Price:-142.00
Open:-265.00
Low:-219.00
High:-274.50
Close:-224.95

Exicom Tele-Systems Limited IPO FAQ :-

What is the opening date for Exicom Tele-Systems Limited IPO?

The Exicom Tele-Systems Limited IPO opens on February 27, 2024.

What is the closing date for Exicom Tele-Systems Limited IPO?

The Exicom Tele-Systems Limited IPO closes on February 29, 2024.

When will the shares be allotted for Exicom Tele-Systems Limited IPO?

Shares of Exicom Tele-Systems Limited IPO will be allotted on March 1, 2024.

What is the listing date for Exicom Tele-Systems Limited IPO?

The listing date for Exicom Tele-Systems Limited IPO is March 5, 2024.

What is the price/ price range for Exicom Tele-Systems Limited IPO?

The price/ price range for Exicom Tele-Systems Limited IPO is ₹135 to ₹142.

What is the minimum lot size for the Exicom Tele-Systems Limited IPO?

The minimum lot size for Exicom Tele-Systems Limited IPO is 100 shares.

What is the minimum investment required for retail investors in the Exicom Tele-Systems Limited IPO?

The minimum investment required for retail investors in the Exicom Tele-Systems Limited IPO is ₹14,200.

What type of IPO is the Exicom Tele-Systems Limited IPO?

The type of Exicom Tele-Systems Limited IPO is Mainline.

What is the total issue size of the Exicom Tele-Systems Limited IPO?

The total issue size of Exicom Tele-Systems Limited IPO is ₹429 Crore.

How many shares are being offered in the Exicom Tele-Systems Limited IPO?

Total 3,02,11,214 shares are being offered in the Exicom Tele-Systems Limited IPO.

What is the face value of Exicom Tele-Systems Limited IPO share?

The face value of Exicom Tele-Systems Limited IPO share is ₹10.

What is the market capitalization of the Exicom Tele-Systems Limited IPO?

The market capitalization of the Exicom Tele-Systems Limited IPO is ₹1715.71 Crore.

Who is the registrar for the Exicom Tele-Systems Limited IPO?

The registrar for the Exicom Tele-Systems Limited IPO is Link Intime India Private Ltd.

Where can I check the IPO Allotment status for Exicom Tele-Systems Limited IPO?

You can check the IPO Allotment status for Exicom Tele-Systems Limited IPO at https://linkintime.co.in/initial_offer/public-issues.html.

What is the email address and website of Exicom Tele-Systems Limited IPO?

The email address of Exicom Tele-Systems Limited IPO is ivestors@exicom.in and website is https://www.exicom.in/.

What is the Exicom Tele-Systems Limited IPO GMP (Grey Market Premium) as of 05-03-2024?

The latest GMP for Exicom Tele-Systems Limited IPO is ₹160 as of 05-03-2024.