Exicom Tele-Systems is scheduled to hit the market on February 27, 2024 and close on February 29, 2024. Exicom Tele-Systems plans to raise around ₹429.00 Cr through an IPO with a sale of up to 30,211,214 equity shares of ₹10 each. The Retail offered 10%, QIB Shares Offered 75%, HNI Shares Offered 15%.
Exicom Tele-Systems Limited, established in 1994, specializes in power systems and electric vehicle (EV) charging solutions. The company operates under two main business verticals: Power Systems, providing uninterrupted power solutions for digital communication networks, and EV Charging Solutions, with over 6,000 AC and DC chargers deployed in India and Southeast Asia. Their EV charging solutions are designed to endure challenging environmental and electrical conditions. Notably, Exicom entered India's EV charger manufacturing sector early on and caters to a diverse customer base that includes automotive OEMs, charge point operators, and fleet aggregators.
By September 30, 2023, Exicom had installed more than 61,000 EV chargers across 400 locations in India and deployed 470,810 Li-ion Batteries for telecommunications applications. The company's ISO-certified manufacturing facility reflects its commitment to quality and sustainability. As of September 2023, Exicom has supplied EV chargers to numerous customers, including automotive OEMs, CPOs, and fleet aggregators. With a significant workforce of 1,190 employees in India, Exicom continues to make strides in the power systems and EV charging sectors while upholding high standards of service and innovation.
Exicom Tele-Systems IPO Details
Exicom Tele-Systems IPO opens on Feb 27, 2024, and closes on Feb 29, 2024. The Listing date for Exicom Tele-Systems IPO is on Mar 05, 2024. The price band for IPO is ₹135 to ₹142 per share and lot size of 100 Shares.
| IPO Date | Feb 27, 2024 to Feb 29, 2024 |
| Listing Date | Mar 05, 2024 |
| Price | ₹135 to ₹142 per share |
| Lot Size | 100 Shares |
| Issue Size | ₹429.00 Cr |
| Face Value | ₹10 per share |
Exicom Tele-Systems IPO Tentative Timetable
Exicom Tele-Systems opening date is February 27, 2024 and close date is February 29, 2024. The IPO allotment date is March 01, 2024. The refund initiation of IPO is on March 04, 2024. The credit of shares in demat account is on March 04, 2024. The listing date is on March 05, 2024.
| Event | Date |
|---|---|
| IPO Opening | Feb 27, 2024 |
| IPO Closing | Feb 29, 2024 |
| IPO Allotment Date | Mar 01, 2024 |
| Refund Initiation | Mar 04, 2024 |
| Shares Credit to Demat | Mar 04, 2024 |
| Lisiting Date | Mar 05, 2024 |
Exicom Tele-Systems IPO Lot Size
Lot Size of this IPO is 100 shares. A retail-individual investor can apply for up to 14 lots (1400 shares or ₹198,800).
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail(Minimum) | 1 | 100 | ₹14,200 |
| Retail(Maximum) | 14 | 1400 | ₹198,800 |
| S-HNI (Minimum) | 15 | 1500 | ₹213,000 |
| B-HNI (Minimum) | 71 | 7,100 | ₹1,008,200 |
Exicom Tele-Systems IPO Promoter Holding
| Pre Issue Share Holding | 93.28% |
| Post Issue Share Holding |
Exicom Tele-Systems IPO Review
Exicom Tele-Systems Limited has recently entered the market with its IPO, boasting a market capitalization of Rs 1715.71 Cr. The company has outlined a clear plan on how it intends to utilize the funds generated through the IPO, including setting up production facilities, repaying borrowings, supporting working capital needs, investing in R&D, and addressing general corporate requirements. This strategic allocation of resources signals the company's commitment to expansion and innovation, making it an attractive prospect for potential investors seeking to align themselves with a company focused on growth and development.
Potential investors evaluating the Exicom Tele-Systems IPO should pay close attention to essential performance indicators such as Return on Equity (ROE) standing at 13.38%, Return on Capital Employed (ROCE) at 10.92%, and a Price to Book Value (P/BV) ratio of 5.63. Despite a slight decline in revenue by -14.79%, the company has witnessed a remarkable 24.07% increase in Profit After Tax (PAT) from March 31, 2022, to March 31, 2023. Furthermore, post-issue metrics reveal an Earnings Per Share (EPS) of 4.55 and a Price to Earnings (P/E) ratio of 31.24, indicating a positive outlook for investors looking to capitalize on a company demonstrating solid financial performance.
In conclusion, Exicom Tele-Systems IPO presents a compelling investment opportunity for individuals seeking exposure to a company with robust financial fundamentals and a clear growth trajectory. With a focus on utilizing funds efficiently for strategic initiatives and a track record of improving profitability, Exicom Tele-Systems emerges as a viable option for investors keen on participating in the promising future prospects of a dynamic and forward-thinking organization in the telecommunications sector.
Exicom Tele-Systems IPO Subscription Status (Bidding Details)
Table not foundExicom Tele-Systems IPO Broker Recommendations
- Capital Market: To be updated soon
- Anand Rathi: To be updated soon
- SMC Global: To be updated soon
- Arihant Capital: To be updated soon
Exicom Tele-Systems IPO FAQs
What is Exicom Tele-Systems IPO?
Exicom Tele-Systems is issuing 30,211,214 equity shares with a face value of ₹10 each, totaling up to ₹429.00 Cr. The shares are being offered at a price of ₹135 to ₹142 each, with a minimum order quantity of 100 shares.
Link Intime India Private Ltd is the registrar for the IPO, and the shares are planned to be listed on the BSE and NSE.
When Exicom Tele-Systems IPO will open?
Exicom Tele-Systems will open on February 27, 2024 for QIB, NII, and Retail Investors.
When Exicom Tele-Systems IPO will end?
Exicom Tele-Systems will end on February 29, 2024.
What is Exicom Tele-Systems IPO Size?
Exicom Tele-Systems IPO size is ₹429.00 Cr.
What is Exicom Tele-Systems IPO Price Band?
Exicom Tele-Systems price band is ₹135 to ₹142 per share.
What is the Exicom Tele-Systems IPO Allotment Date?
Exicom Tele-Systems allotment date is March 1, 2024.
What is the Exicom Tele-Systems IPO Listing Date?
Exicom Tele-Systems listing date is March 05, 2024. The IPO is to be listed on BSE and NSE.
How to Exicom Tele-Systems IPO through Zerodha?
To apply for the IPO “Exicom Tele-Systems” on Zerodha, log in to the Zerodha website or app, go to the Portfolio section, and click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Zerodha.
How to Apply Exicom Tele-Systems IPO through Upstox?
To apply for the IPO “Exicom Tele-Systems” on Upstox, log in to the Upstox website or app, click on IPO. Then, click on the “Apply” button and enter your UPI ID, the desired quantity, and the price. Submit the IPO application form and then approve the mandate on your UPI app. To complete the process, you should have an demat account. If you don't have one, open a demat account with Upstox.
How to check Exicom Tele-Systems IPO Allotment Status?
For Exicom Tele-Systems IPO Allotment status check you can visit this link, select the desired IPO and enter your PAN to check the allotment status.
What is Exicom Tele-Systems IPO GMP?
You can check out here: Exicom Tele-Systems IPO GMP