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Exicom Tele-Systems Ltd.

Exicom Tele-Systems Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹142
₹142
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹142
Based on GMP
Min. Investment
₹14,200
1 lot × 100 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
27 Feb 2024
Close Date
29 Feb 2024
Allotment
01 Mar 2024
Listing Date
05 Mar 2024
Exchange
NSE & BSE
Price Band
₹142
Listing Price
See chart
Allotment Status
Price Band
₹142
Per share
Face Value
₹10 per share
 
Lot Size
100 Shares
per lot
Issue Size
3,02,11,200 shares (aggregating up to ₹429.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,200
1 lot
Pre-IPO Holding
9,76,55,501 shares
Promoters
Post-IPO Holding
12,08,24,515 shares
Promoters
P/E (Pre)
217.63x
 
P/E (Post)
31.24x
 
EPS (Pre)
₹0.65
 
EPS (Post)
₹4.55
 
UPI Deadline
2024-02-29
Mandate
Anchor AllotmentMon, 26 Feb 2024
Basis of AllotmentFri, 01 Mar 2024
Refund InitiationMon, 04 Mar 2024
Demat CreditMon, 04 Mar 2024
Listing DayTue, 05 Mar 2024
UPI Mandate Deadline2024-02-29
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares2,31,69,000 shares (aggregating up to ₹329.00 Cr)
Offer for Sale70,42,200 shares of ₹10 (aggregating up to ₹100.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Exicom Tele-Systems Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 29 Feb 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
30,211,200
100% ₹429.00
IPO Shares Offered
Exicom Tele-Systems Ltd. IPO total issue size: ₹429.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 30,211,200 ₹429.00
100.00%
* Based on upper price band ₹142 per share
Lot Size & Investment
Lot Size
100
Shares per Lot
Issue Price
₹142.00
Upper Band
Min Investment
₹14,200
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2200₹28,400
Retail (Max — 14 Lots)141,400₹198,800
S-HNI (Min — 15 Lots)151,500₹213,000
B-HNI (Min — 71 Lots)717,100₹1,008,200
* Issue Price ₹142 × Lot Size 100 shares
IPO Schedule
Anchor
26 Feb 2024
✓ Done
IPO Open
27 Feb 2024
✓ Done
IPO Close
29 Feb 2024
✓ Done
Allotment
01 Mar 2024
✓ Done
Refunds
04 Mar 2024
✓ Done
Demat Credit
04 Mar 2024
✓ Done
Listing Day
05 Mar 2024
✓ Done
Exicom Tele-Systems Ltd. — Live Price LIVE
₹142.00
INR · BSE
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Issue ₹142.00 Live Price
About Exicom Tele-Systems Ltd.
Incorporated in 1994, Exicom Tele-Systems Limited specializes in power systems, electric vehicle (EV) charging, and other related solutions. The company operates under two business verticals.Power Systems: Exicom provides uninterrupted power solutions for digital communication networks.EV Charging Solutions: Exicom has deployed over 61000 AC and DC chargers in India and Southeast Asia. Their EV charging solutions are designed to withstand harsh environmental and electrical conditions.As of March 31, 2023, the company is among the first to enter India's EV charger manufacturing segment. The company operates in the EV Charger business, which offers both slow charging solutions (primarily AC chargers for residential use) and fast charging solutions (DC chargers for business and public charging networks in cities and highways). The customer base includes established automotive OEMs (for passenger cars and EV buses), charge point operators (CPOs), and fleet aggregators.By September 30, 2023, the company had installed more than 61,000 EV chargers across 400 locations in India. As of September 30, 2023, the company has deployed 470,810 Li-ion Batteries for application in the telecommunications sector, equivalent to a storage capacity of over 2.10 GWH.The company's manufacturing facility complies with ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015.As of September 2023, the company has supplied its EV Chargers to over 70 customers, including 15 automotive OEMs, 32 national and regional CPOs and four fleet aggregators.As of September 30, 2023, the company employs 1,190 employees in India, of which 443 are contractual, 732 employees are technically qualified - 438 with diplomas and 294 with engineering degrees. The company also has 50 employees at its subsidiaries.
Objects of the Issue
1
Part-financing the cost towards setting up production/assembly lines at the planned manufacturing facility in Telangana
2
Repayment/pre-payment, in part or full, of certain borrowings of the company
3
Part-funding incremental working capital requirements
4
Investment in R&D and product development
5
General corporate purposes
Exicom Tele-Systems Ltd. Financials (Amount in Crore)
Revenue from Operations
₹849.0
31 Mar 2022
₹723.4
31 Mar 2023
₹467.2
30 Sep 2023
Profit After Tax (PAT)
₹5.1
31 Mar 2022
₹6.4
31 Mar 2023
₹27.5
30 Sep 2023
Particulars30 Sep 202331 Mar 202331 Mar 2022
Revenue from Operations 467.21 723.40 848.96
EBITDA N/A N/A N/A
Profit After Tax (PAT) 27.46 6.37 5.14
Net Worth 311.40 232.00 221.57
Total Assets 629.41 705.09 602.99
Reserves & Surplus 204.95 213.61 207.39
Borrowings 72.84 117.92 107.67
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
5.63
RoE
13.38%
RoCE
10.92%
RoNW
2.75%
Issue Structure & Shareholding
Total Shares Offered3,02,11,200 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding9,76,55,501 shares
Post-Issue Promoter Holding12,08,24,515 shares
P/BV Ratio5.63
RoE13.38%
RoCE10.92%
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Monarch Networth Capital Ltd.
Unistone Capital Pvt.Ltd.
Systematix Corporate Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Exicom Tele-Systems Ltd. IPO subscribed?

Exicom Tele-Systems Ltd. IPO is subscribed 1.00 times by Feb 29, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Exicom Tele-Systems Ltd. IPO retail subscription status?

The Exicom Tele-Systems Ltd. IPO retail category is subscribed 1.00 times as of 29 Feb 2024. The retail portion is oversubscribed.

How to subscribe Exicom Tele-Systems Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 27 Feb 2024 and closes 29 Feb 2024. Min investment: ₹14,200 (1 lot = 100 shares). UPI mandate: 2024-02-29.

How many times Exicom Tele-Systems Ltd. IPO subscribed?

The Exicom Tele-Systems Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Exicom Tele-Systems Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 01 Mar 2024. Refunds: on 04 Mar 2024.

When Exicom Tele-Systems Ltd. IPO will be listed?

The Exicom Tele-Systems Ltd. IPO listing date is 05 Mar 2024, Tuesday. Listed on: NSE & BSE. Issue price: ₹142. Estimated listing: ₹142. GMP: NIL.

When Exicom Tele-Systems Ltd. IPO close?

The Exicom Tele-Systems Ltd. IPO closes on 29 Feb 2024, Thursday. UPI mandate: 2024-02-29. Allotment: 01 Mar 2024. Listing: 05 Mar 2024.