ISSUE OPEN
Exicom Tele-Systems Ltd.
Min Investment
₹14200
Subscribed Times
128x
Issues size
₹429 Crores
Price Range
₹135 - ₹142
Open on
27 Feb'24
Close on
29 Feb'24

Application Details

Lot Size
100
Issue Size
₹429 Crores
Issue Type
Book Building

IPO Timeline

27
Feb'24
Issue Open
29
Feb'24
Issue Close
01
Mar'24
Finalization of Basis of Allotment
04
Mar'24
Initiation of refund
04
Mar'24
Transfer of shares to Demat Account
05
Mar'24
Listing Date

Shares Offered

Qualified Inst. Buyers
75.00
Non Inst. Buyers
15.00
Retails Ind. Buyers
10.00

Subscription Status 

(as of 25 Apr 2024)
Overall Status127.76x
Qualified Inst. Buyers
121.80x
Non Inst. Buyers
151.87x
Retails Ind. Buyers
111.28x

Objects of the offer

1. Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in Telangana
2. Repayment/pre-payment, in part or full, of certain borrowings of our Company
3. Part-funding incremental working capital requirements
4. Investment in R&D and product development
5. General corporate purposes

Company’s Financials

Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Honda India Power Products Ltd.1246.2985.0983.8929.5
Yuken India Ltd.372.449.577.36160.25
Solex Energy Ltd.161.712.713.39317.8
Maks Energy Solutions India Ltd.44.330.360.51117.45
Envair Electrodyne Ltd.0.976.0813.1117.22

 IPOs in the News

📢 Sensex plunges 213 points at the open; Nifty below 22,350
📈 Amid weak global cues, domestic benchmark indices started gap-down on April 25. 📢 At 9:16 AM, the Sensex tanked 212.95 points or 0.29% at 73,639.99, and the Nifty plunged 63.20 points or 0.28% at 22,339.20. 📊 Kotak Mahindra Bank (⬇️9.27%), LTIM (⬇️2.13%) and HUL (⬇️0.97%) appeared as the top losers on the Nifty 50 at the Open.
25 Apr 2024 | 09:24 AM
📢 Sensex plunges 213 points at the open; Nifty below 22,350
📈 Amid weak global cues, domestic benchmark indices started gap-down on April 25. 📢 At 9:16 AM, the Sensex tanked 212.95 points or 0.29% at 73,639.99, and the Nifty plunged 63.20 points or 0.28% at 22,339.20. 📊 Kotak Mahindra Bank (⬇️9.27%), LTIM (⬇️2.13%) and HUL (⬇️0.97%) appeared as the top losers on the Nifty 50 at the Open.
25 Apr 2024 | 09:24 AM
Day trading stocks to buy: Anand Rathi expert recommends three shares
Ganesh Dongre, Senior Manager — Technical Research at Anand Rathi believes that the Indian stock market bias will remain positive till the Nifty 50 index sustains above the 22,200 to 22,250 mark. Shares to buy today 📌IndusInd Bank: Buy at ₹1675, target ₹1730, stop loss ₹1630 📌Federal Bank: Buy at ₹154, target ₹162, stop loss ₹149 📌GAIL: Buy at ₹207, target ₹217, stop loss ₹200.
25 Apr 2024 | 10:45 AM
LIC cuts stake in 16 PSU stocks as portfolio soars to Rs 14 lakh crore
LIC has reduced ownership in at least 80 stocks, including 16 PSUs, in the March quarter with the market value of its portfolio surging to Rs 14 lakh crore. LIC was seen cutting stakes in BHEL, SAIL, Coal India, Oil India, Mahanagar Gas, MOIL, SBI, Canara Bank, HPCL, NMDC Steel, NMDC, Shipping Corporation, IOC, Container Corporation Of India, ONGC and NTPC in Q4, shows data pulled from ACE Equity.
25 Apr 2024 | 10:43 AM
Bombay HC dismisses Zee promoters’ petition against loan default order
The Bombay High Court on Wednesday dismissed a review petition filed by the promoters of Zee Entertainment Enterprises Ltd challenging a December 2023 order in a loan default case. A detailed order on the matter is awaited. Justice Abhay Ahuja was hearing a petition filed by Zee promoters Cyquator Media, Essel Corporate Llp and Direct Media Distribution Ventures.
25 Apr 2024 | 10:37 AM

Guide to IPO Investment

Company Contact Info

3rd Floor, Plot No. 38,
3rd Floor, Plot No. 38,Institutional Area,Sector 32,Gurugram,Haryana-122001
Phone : 6615200

Book Running Managers

Monarch Networth Capital Ltd.
Systematix Corporate Services Ltd.
Unistone Capital Pvt. Ltd.

Registrar & Transfer Agent

Link Intime India Private Limited
C-101, 247 Park,L.B.S. Marg, Vikhroli (West),Mumbai,Maharashtra-400083
Phone : 49186200
Fax :49186195/

Offer Related Information

Initial public offering of up to 30211214 equity shares of face value of Rs.10.00 each (Equity Shares) of Exicom Tele-Systems Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.142.00 per equity share (including a premium of Rs.132.00 per equity share) ("Offer Price")
aggregating up to Rs.4289992388 crores.
Offer Price: Rs.142.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 100 equity shares and in multiples of 100 equity shares thereafter
Single-click UPI-based IPO application
I wish to talk in South Indian language
By proceeding you’re agreeing to our T&C