Exicom Tele-Systems Limited
Mainboard₹14,200 / 100 Shares
Exicom Tele-Systems Limited IPO Details
The Exicom Tele-Systems Limited IPO price band is set between ₹135-142 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 27 Feb, 2024 and closes on 29 Feb, 2024. Investors can check the allotment status on 1 Mar, 2024, while the listing date is tentatively scheduled for 5 Mar, 2024.
The total issue size is Total ₹429.0 Cr :#Fresh Issue : 23,169,014 shares, aggregating up to ₹329.00 Cr. Stay tuned for the latest Exicom Tele-Systems Limited IPO review and GMP updates.
Exicom Tele-Systems Limited IPO Review, Rating & Analysis
Exicom Tele-Systems Limited IPO Review
NO REVIEWExicom Tele-Systems Limited IPO Rating
Exicom Tele-Systems Limited IPO Highlights
IPO Date
Feb 27, 2024 - Feb 29, 2024
Listing Date
5 Mar, 2024
Face Value
₹10 Per Equity Share
Price Band
₹135-142 per equity share
Lot Size
100 Shares
Fresh Issue
23,169,014 Shares
Offer for Sale
7,042,200 shares of ₹10
Listing At
BSE, NSE
Exicom Tele-Systems Limited IPO Lot Size
The minimum market lot for Exicom Tele-Systems Limited IPO is 100 shares with an application amount of ₹14,200. Retail investors can apply for up to 14 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100 | ₹14,200 |
| Retail (Max) | 14 | 1400 | ₹1,98,800 |
| S-HNI (Min) | 15 | 1500 | ₹2,13,000 |
| S-HNI (Max) | 70 | 7000 | ₹9,94,000 |
| B-HNI (Min) | 71 | 7100 | ₹10,08,200 |
Exicom Tele-Systems Limited IPO Timeline
Issue Price
₹135-142 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Monarch Networth Capital LtdUnistone Capital Pvt LtdSystematix Corporate Services LimitedIssue Size
Total ₹429.0 Cr :#Fresh Issue : 23,169,014 shares(aggregating up to ₹329.00 Cr) +
#OFS : 7,042,200 shares of ₹10(aggregating up to ₹100.00 Cr)
Exicom Tele-Systems Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 705.09 | 723.40 | 6.37 | 232.00 | 213.61 | 117.92 |
| 31 Mar 22 | 602.99 | 848.96 | 5.14 | 221.57 | 207.39 | 107.67 |
| 31 Mar 21 | 678.46 | 524.36 | 3.45 | 213.44 | 201.55 | 101.76 |
All values are in ₹ Cr.
Exicom Tele-Systems Limited IPO Valuations
EPS Pre IPO
₹0.65/-EPS Post IPO
₹4.55/-PE Pre IPO
217.63PE Post IPO
31.24ROE
13.38%ROCE
10.92%Debt Equity
-RoNW
2.75%PAT Margin
-Price to Book Value
5.63Promoters & Share Holding
Promoter(s) Name
- NextWave Communications Private Limited
- Anant Nahata
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 93.28% | N/A% |
About Company
Exicom Tele-Systems Limited specializes in power systems, electric vehicle (EV) charging, and other related solutions. The company operates under two business vericals.
Power Systems: Exicom provides uninterrupted power solutions for digital communication networks.
EV Charging Solutions: Exicom has deployed over 6,000 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 one of the first to enter the EV charger manufacturing segment in India. 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 March 31, 2023, the company had installed more than 35,000 EV chargers across 400 locations in India.
The company's manufacturing facility is compliant with ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015.
The company's revenue from operations increased from ₹ 5,129.05 million in FY'21 to ₹ 7,079.30 million in FY'23, representing a CAGR of 17.48%.
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 August 31, 2023, the company employs 1,124 employees in India, of which 421 are contractual. 705 employees are technically qualified - 431 with diplomas and 274 with engineering degrees. The company also has 43 employees at its subsidiaries.
Exicom Tele-Systems Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 9,063,365 | 4,531,682 3,021,100 1,510,533 | 3,021,100 | 16,616,168 |
Day 1 -27-02-24 05:00 PM | 0.73 x | 19.02 16.70 x 23.66 x | 27.03 x | 9.99 x |
Day 2 -28-02-24 05:00 PM | 4.48 x | 54.39 49.21 x 64.75 x | 64.79 x | 27.78 x |
Day 3 -29-02-24 05:00 PM | 121.80 x | 153.22 157.69 x 144.28 x | 119.58 x | 129.54 x |
Frequently Asked Questions about Exicom Tele-Systems Limited IPO
When will Exicom Tele-Systems Limited IPO open for subscription?
The Exicom Tele-Systems Limited IPO opens on 27 Feb, 2024 and closes on 29 Feb, 2024.
What is the investors portion for Exicom Tele-Systems Limited IPO?
The investors' portion for QIB is 121.80 x, NII is 157.69 x, and Retail is 119.58 x.
How to apply for Exicom Tele-Systems Limited IPO?
You can apply for Exicom Tele-Systems Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Exicom Tele-Systems Limited IPO?
The issue size of Exicom Tele-Systems Limited IPO is approx ₹Total ₹429.0 Cr :#Fresh Issue : 23,169,014 shares(aggregating up to ₹329.00 Cr) +#OFS : 7,042,200 shares of ₹10(aggregating up to ₹100.00 Cr) crores.
What is the price band of Exicom Tele-Systems Limited IPO?
The price band for Exicom Tele-Systems Limited IPO is ₹135 to ₹142 per equity share.
What is the lot size of Exicom Tele-Systems Limited IPO?
The minimum bid (lot size) for Exicom Tele-Systems Limited IPO is N/A shares with an investment of approx ₹14,200 .
What is the allotment date of Exicom Tele-Systems Limited IPO?
The allotment date for Exicom Tele-Systems Limited IPO is 1 Mar, 2024.
What is the listing date of Exicom Tele-Systems Limited IPO?
The listing date for Exicom Tele-Systems Limited IPO is expected to be 5 Mar, 2024.
What is the GMP of Exicom Tele-Systems Limited IPO?
The latest Grey Market Premium (GMP) for Exicom Tele-Systems Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.