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.
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
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| 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 |
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.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 100 | ₹14,200 |
| Retail Maximum | 14 | 1,400 | ₹198,800 |
| S-HNI Minimum | 15 | 1,500 | ₹213,000 |
| B-HNI Minimum | 71 | 7,100 | ₹10,08,200 |
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.
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.
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 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 |
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
- NextWave Communications Private Limited
- Anant Nahata
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/
Check Exicom Tele-Systems IPO allotment status on Linkintime website allotment URL. Click Here
- 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?
When Exicom Tele-Systems IPO will open?
What is Exicom Tele-Systems IPO Investors Portion?
How to Apply the Exicom Tele-Systems IPO?
How to Apply the Exicom Tele-Systems IPO through Zerodha?
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How to Apply the Exicom Tele-Systems IPO through Paytm Money?
What is Exicom Tele-Systems IPO Size?
What is Exicom Tele-Systems IPO Price Band?
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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- Source: https://ipowatch.in/exicom-tele-systems-ipo-date-review-price-allotment-details/
