Exicom Tele-Systems IPO Date, Review, Price, Allotment Details

Exicom Tele-Systems IPO Details: Exicom Tele-Systems IPO date is fixed, the IPO is to hit the market on February 27 and will close on February 29. Exicom Tele-Systems IPO to raise around ₹429 crores via IPO that comprises fresh issue of ₹329 crores and offer for sale up to 70,42,200 equity shares of ₹10 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Exicom Tele-Systems IPO

Table of Contents

Incorporated in 1994, they are an India headquartered in other management solutions provider, operating under two business verticals, (i) Their electric vehicle supply equipment (“EV Charger(s)”) solutions business, wherein they provide smart charging systems with innovative technology for residential, business, and public charging use in India (“EV Charger Business”); and (ii) Their critical power solutions business, wherein they design, manufacture and service critical digital infrastructure technology to deliver overall energy management at telecommunications sites and enterprise environments in India and overseas (“Critical Power Business”).


They were amongst the first entrants in the EV Chargers manufacturing segment in India and as of March 31, 2023, they are among the market leaders, with a market share of 60% and 25% in the residential and public charging segments, respectively (Source: CRISIL Report). Furthermore, in their Critical Power Business, they occupy a market share of 16% in the DC Power Systems market and are recognized as a leading player in the market for Li-ion Batteries for application in the telecommunications sector, having a market share of approximately 10% as of March 31, 2023 (Source: CRISIL Report).

They have strategically expanded their presence and operations to overseas markets by establishing three Subsidiaries (including direct and indirect), Exicom Tele-Systems (Singapore) Pte. Ltd. in Singapore, Horizon Power Solutions DMCC in U.A.E., and Horizon Tele-System SDN BHD in Malaysia and are in the process of incorporating a subsidiary in the Netherlands.


Objects of the Issue

  • Part-financing the cost of setting up production/assembly lines at the planned manufacturing facility in Telangana.
  • 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 IPO Review (Apply or Not)

  • Apply

Brokerage Firm IPO Review

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

Exicom Tele-Systems IPO Date & Price Band Details

IPO Open:February 27, 2024
IPO Close:February 29, 2024
IPO Size:Approx ₹429 Crores
Fresh Issue:Approx ₹329 Crores
Offer for Sale:Approx 70,42,200 Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹135 to ₹142 Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Exicom Tele-Systems IPO Market Lot

The Exicom Tele-Systems IPO minimum market lot is 100 shares with ₹14,200 application amount. The retail investors can apply up-to 14 lots with 1,400 shares or ₹198,800 amount.

ApplicationLot SizeSharesAmount
Retail Minimum1100₹14,200
Retail Maximum141,400₹198,800
S-HNI Minimum151,500₹213,000
B-HNI Minimum717,100₹10,08,200

Exicom Tele-Systems IPO Allotment & Listing Dates

The Exicom Tele-Systems IPO date is February 27 and the close date is February 29. The Exicom Tele-Systems IPO allotment will be finalized on March 1 and the IPO listing on March 5.

Anchor Investors Allotment:February 26, 2024
IPO Open Date:February 27, 2024
IPO Close Date:February 29, 2024
Basis of Allotment:March 1, 2024
Refunds:March 4, 2024
Credit to Demat Account:March 4, 2024
IPO Listing Date:March 5, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Exicom Tele-Systems IPO Form

How to apply for the Exicom Tele-Systems IPO? You can apply for Exicom Tele-Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Exicom Tele-Systems IPO in the Invest section. The other option is you can apply for Exicom Tele-Systems IPO via IPO forms downloaded via NSE and BSE. Check out the Exicom Tele-Systems forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Exicom Tele-Systems Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹524.36₹511.54₹3.45
2022₹848.96₹809.19₹5.14
2023₹723.40₹690.96₹6.37
Sep 2023₹467.21₹431.30₹27.46

Exicom Tele-Systems IPO Valuation – FY2023

Check Exicom Tele-Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹0.69 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):2.75%
Net Asset Value (NAV):₹13.38 per Equity Share

Peer Group

  • Servotech Power Systems Limited
  • HBL Power Systems Limited

Company Promoters

  • NextWave Communications Private Limited
  • Anant Nahata

Exicom Tele-Systems IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Exicom Tele-Systems IPO Allotment Status Check

Check Exicom Tele-Systems IPO allotment status on Linkintime website allotment URL. Click Here

Exicom Tele-Systems IPO Lead Managers aka Merchant Bankers

  • Monarch Networth Capital Ltd
  • Unistone Capital Pvt Ltd
  • Systematix Corporate Services Limited

Company Address

Exicom Tele-Systems Limited
8, Electronics Complex,
Chambaghat
Solan 173 213
Phone: +91 124 6615 200
Email: [email protected]
Website: https://www.exicom.in/

Exicom Tele-Systems IPO FAQs

What is Exicom Tele-Systems IPO?

Exicom Tele-Systems IPO is a main-board IPO. They are going to raise ₹429 Crores via IPO. The issue is priced at ₹135 to ₹142 pr equity share. The IPO is to be listed on BSE & NSE.

When Exicom Tele-Systems IPO will open?

The IPO is to open on February 27, 2024 for QIB, NII, and Retail Investors.

What is Exicom Tele-Systems IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Exicom Tele-Systems IPO?

You can apply for Exicom Tele-Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Exicom Tele-Systems IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Exicom Tele-Systems”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Exicom Tele-Systems IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Exicom Tele-Systems”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Exicom Tele-Systems IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Exicom Tele-Systems”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Exicom Tele-Systems IPO Size?

Exicom Tele-Systems IPO size is ₹429 crores.

What is Exicom Tele-Systems IPO Price Band?

Exicom Tele-Systems IPO Price Band is ₹135 to ₹142.

What is the Exicom Tele-Systems IPO Allotment Date?

Exicom Tele-Systems IPO allotment date is March 1, 2024.

What is the Exicom Tele-Systems IPO Listing Date?

Exicom Tele-Systems IPO listing date is March 5, 2024. The IPO is to list on BSE and NSE.

Note: The Exicom Tele-Systems IPO price band and date are officially announced. The IPO grey market premium (Exicom Tele-Systems IPO Premium) will be added to the IPO grey market page as it will start).

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