Exicom Tele-Systems Ltd
Price Range
₹135 - ₹142
Min. Quantity
100
Closes on
29 February 2024
Min. investment
₹14,200/1,400 Shares
Exicom Tele-Systems Ltd IPO Timeline
Exicom Tele-Systems Limited was incorporated as 'Himachal Exicom Communications Limited', a Public Limited Company, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh situated at Jalandhar on May 9, 1994. The Company was granted a Certificate of Commencement of Business on May 11, 1994, by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh situated at Jalandhar. The name of Company was changed to 'Exicom Tele-Systems Limited', and a fresh Certificate of Incorporation was issued by the RoC on August 11, 2008.
| Event | Date |
|---|---|
| Exicom Tele-Systems Ltd IPO Opening Date | 27 February 2024 |
| Exicom Tele-Systems Ltd IPO Closing Date | 29 February 2024 |
| Basis of Allotment | 1 March 2024 |
| Initiation of Refunds | 4 March 2024 |
| Credit of Shares to Demat | 4 March 2024 |
| Exicom Tele-Systems Ltd IPO Listing Date | 5 March 2024 |
Exicom Tele-Systems Ltd IPO Details
| Exicom Tele-Systems Ltd IPO Date | 27 February 2024 to 29 February 2024 |
| Exicom Tele-Systems Ltd IPO Face Value | ₹10 per share |
| Exicom Tele-Systems Ltd IPO Price | ₹135 to ₹142 per share |
| Exicom Tele-Systems Ltd IPO Lot Size | 100 |
| Issue Size | Shares of ₹10 (aggregating up to ₹429 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹329 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹100 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,03,70,540 of the Net Offer |
| Retail Shares Offered | Not less than 31,41,200 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 47,11,800 of the Net Offer |
| Company Promoters | Nextwave Communications Pvt Lt, Anant Nahata |
Exicom Tele-Systems Ltd IPO Lot Size
The Exicom Tele-Systems Ltd IPO lot size is 100 shares. A retail-individual investor can apply for up to 14 lots (1,400 shares or ₹1,98,800).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 100 | ₹14,200 |
| Maximum | 14 | 1,400 | ₹1,98,800 |
- Strengths
- Risks
- Opportunities
- Established player in the Indian EV Charger market, with an early-mover-and-learner advantage in a fastgrowing industry characterized by high entry barriers.
- Domain experience and know-how and diversified product portfolio with a track record of demonstrated outcomes in critical cases.
- Vertically integrated operations, backed by manufacturing capabilities, robust supply chain, significant research and development activities and sales and marketing initiatives.
- Significant product development and focussed engineering capabilities.
- Track record of long-standing relationships with an established customer base.
- Experienced and qualified leadership and management team.
Company Financials
Exicom Tele-Systems Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 921.9 | 885.38 | 66.43 |
| 03-2023 | 467.51 | 534.06 | 7.84 |
| 03-2022 | 501.25 | 373.69 | 4.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in
- Repayment/pre-payment in part or full of certain borrowings of the company
- part-funding incremental working capital requirements
- Investment in R&D and product development
- General corporate purposes
Exicom Tele-Systems Ltd IPO Promoter Holding
| Pre Issue Share Holding | 76.55% |
| Post Issue Share Holding | 56.04% |
Exicom Tele-Systems Ltd IPO Subscription Status (Bidding Detail)
The Exicom Tele-Systems Ltd IPO is subscribed 129.54 times on 29 February 2024 05:00:00 PM. The public issue subscribed 119.59 times in the retail category, 121.8 times in the QIB category, and 153.22 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 121.8 | 153.22 | 119.59 | - | 129.54 |
Exicom Tele-Systems Ltd IPO Prospectus
Exicom Tele-Systems Ltd IPO Listing Date
| Listing Date | 5 March 2024 |
| BSE Script | 544133 |
| NSE Symbol | EXICOM |
| Listing In | BSE, NSE |
| ISIN | INE777F01014 |
| IPO Price | ₹142 |
| Face Value | ₹10 |
Company Contact Information
8 Elecronics ComplexChambaghat,Solan-173213
Phone: 91-179-2230 948
Email: investors@exicom.in
Website: www.exicom.in
Exicom Tele-Systems Ltd IPO Registrar
Exicom Tele-Systems Ltd IPO Lead Manager(s)
- Monarch Networth Capital Ltd
- Unistone Capital Pvt Ltd
- Systematix Corporate Services Ltd
FAQ
What is the issue size of Exicom Tele-Systems Ltd IPO?
I have pre-applied for Exicom Tele-Systems Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.