Exicom Tele-Systems Limited IPO is a MAIN BOARD IPO. They are going to raise ₹429.00 Crores via IPO. The issue is priced at ₹135 to ₹142 per equity share. The IPO is to be listed on NSE, BSE
Exicom Tele-Systems Limited IPO opens for subscription on February 27, 2024, and closes on February 29, 2024. The allotment for the Exicom Tele-Systems Limited IPO is expected to be finalized on March 01, 2024. Exicom Tele-Systems IPO will list on BSE, NSE with tentative listing date fixed as March 05, 2024.
| Exicom Tele-Systems Limited Details | Allotment |
| Minimum Investment ₹14,200/1 – Lot (100 shares) | Price Range ₹135-₹142 | |
| Max Quantity 14-Lots/ (1400 Shares) | Max Investment ₹198,800 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 429 Cr | Employee Discount ₹ |
| Total Issue Size 30,211,214 Shares (Aggregating up to ₹429.00 Cr) | Share Holding Pree Issue 97,655,501 | Issue Type Book build Issue IPO |
| Fresh Issue Share 23,169,014 Shares (Aggregating up to ₹329.00 Cr) | Share Holding Post Issue 120,824,515 | Listing At BSE, NSE |
| Offer For Sale 7,042,200 Shares of ₹10 (Aggregating up to ₹100.00 Cr) | Face value ₹10 |
IPO Dates
| Offer Starts | 27 Feb 2024 |
| Offer Ends | 29 Feb 2024 |
| Allotment | 01 March 2024 |
| Refunds | 04 March 2024 |
| Credit of shares to Demat account | 04 March 2024 |
| IPO Listing | 05 March 2024 |
About Exicom Tele-Systems Limited
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 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 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.
The company’s manufacturing facility complies with ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015.
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.
| Incorporated in | Managing Director |
| 1994 | Mr. |
Exicom Tele-Systems Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Exicom Tele-Systems Limited IPO Lot Size
Exicom Tele-Systems Limited IPO minimum market lot is 100 shares with ₹14,200 application amount. The retail investors can apply up-to 14-lots with shares or ₹198,800 amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 100 | ₹14,200 |
| Retail (Max) | 14 | 1400 | ₹198,800 |
| S-HNI (Min) | 15 | 1500 | ₹213,000 |
| S-HNI (Max) | 70 | 7000 | ₹994,000 |
| B-HNI (Min) | 71 | 7100 | ₹1,008,200 |
Share Holding
The promoters of the Company, being the corporate Promoter, NextWave Communications Private Limited and the individual Promoter, Anant Nahata
| Share Holding Pre-Issue | 93.28% |
| Share Holding Post-Issue |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹723,40 | ₹848.96 | ₹524.36 |
| Assets | ₹705.09 | ₹602.99 | ₹678.46 |
| Profit | ₹6.37 | ₹5.14 | ₹3.45 |
| All values are in Rs. Cr |
Fundamentals
| Values | Values | ||
| Market cap | 1715.71Cr | ROE | 13.38% |
| P/E (X) | 217.63 | ROCE | 10.92% |
| POST P/E (X) | 31.24 | EPS | 0.65 |
| Debt to Equity | RONW | 2.75% |
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.
Brokerage Firm IPO Review
- To be updated soon
| Exicom Tele-Systems Limited Contact Details | |
| Address | Exicom Tele-Systems Limited 8, Electronics Complex, Chambaghat Solan 173 213 |
| Phone: | +91 124 6615 200 |
| investors@exicom.in | |
| Website | https://www.exicom.in/ |
| Exicom Tele-Systems Limited IPO Lead Managers |
| Monarch Networth Capital Ltd Unistone Capital Pvt Ltd Systematix Corporate Services Limited |
| Exicom Tele-Systems Limited IPO Registrar | |
| . | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| exicom.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/ |
| Exicom Tele-Systems Limited IPO Allotment Status Check |
| IPO Allotment Status Check Click Here |
Exicom Tele-Systems Limited IPO FAQs
What is Exicom Tele-Systems Limited IPO?
- Exicom Tele-Systems Limited IPO is a MAIN BOARD IPO. They are going to raise ₹429 Crores via IPO. The issue is priced at ₹135 to ₹142 per equity share. The IPO is to be listed on NSE, BSE
When Exicom Tele-Systems Limited IPO will open?
- The IPO is to open on February 27, 2024, for QIB, NII, and Retail Investors.
What is Exicom Tele-Systems Limited IPO Investors Portion?
- The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
What is Exicom Tele-Systems Limited IPO Size?
- Exicom Tele-Systems Limited IPO size is ₹429 crores.
What is Exicom Tele-Systems Limited IPO Price Band?
- Exicom Tele-Systems Limited IPO Price Band is ₹135 To ₹142 per equity share.
What is Exicom Tele-Systems Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1–Lot (100 Shares) with ₹14,200. and Maximum Lot Size 14-Lots (1400 Shares) with ₹198,800
What is Exicom Tele-Systems Limited IPO Allotment Date?
- Exicom Tele-Systems Limited IPO allotment date is March 01, 2024.
What is Exicom Tele-Systems Limited IPO Listing Date?
- Exicom Tele-Systems Limited IPO listing date is March 05, 2024. The IPO to list on NSE, BSE.