Exicom Tele Systems IPO Buy or Not? (Good or Bad)

Exicom Tele-Systems specializes in power management solutions, focusing on electric vehicle supply equipment and critical power solutions. With a strong presence in India and abroad, Exicom leads in innovation and excellence in the energy sector.

The total issue size for this IPO is Rs 429 Cr, the fresh issue is Rs 329 Cr and the OFS is Rs 100 Cr. The subscription period for the IPO will be open from 27 Feb to 29 Feb 2024.

You can apply to Rashi Peripherals IPO by buying at least one lot of 100 shares or its multiple at the price band of Rs 135 to Rs 142 for each share.

IPO Strengths

  • Market Leadership: Exicom dominates the Indian EV charger market, driving growth and innovation.
  • Diversified Portfolio: With a wide product range, Exicom meets diverse customer needs effectively.
  • Vertical Integration: Backed by strong manufacturing capabilities and R&D, Exicom ensures efficiency and quality.
  • Product Development: Exicom’s significant investment in product development and engineering keeps it at the forefront of technology.
  • Customer Relationships: Exicom’s strong customer base reflects its reputation for quality and reliability.
  • Leadership: With an experienced management team, Exicom is poised for sustained growth and success.

Exicom Tele-Systems IPO Recommendations

Seq Reviewer Recommendation
1 Dilip Davda Subscribe
2 Rupee Talks Apply :white_check_mark:
3 BP Equities (BP Wealth) Subscribe
4 Capital Market May Apply
5 Nirmal Bang Subscribe
6 SBICAP Securities Limited Subscribe

RupeeTalks.in Recommendation: Go ahead and apply for this IPO with as much demat account you have and you can hold half and sell half on listing day.

Exicom Tele-Systems IPO Details

IPO Issue Opening Date: 27th Feb 2024
IPO Issue Closing Date: 29th Feb 2024
IPO Issue Price: ₹135.00-142.00 Per Share
IPO Listing At: BSE, NSE
Retail Quota: Not more than 10% of the Net Issue
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹429.00 Cr
Offer for Sale: ₹100.00 Cr
Fresh Issue: ₹329.00 Cr

Exicom Tele-Systems IPO GMP Today

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
26-02-2024 142.00 ₹130 9900/148500 ₹272 (91.55%) 26-Feb-2024 14:31
25-02-2024 142.00 ₹130 9900/148500 ₹272 (91.55%) 25-Feb-2024 23:24
24-02-2024 142.00 ₹130 9900/148500 ₹272 (91.55%) 24-Feb-2024 23:24
23-02-2024 142.00 ₹130 9900/148500 ₹272 (91.55%) 23-Feb-2024 23:28
22-02-2024 142.00 ₹96 7300/109500 ₹238 (67.61%) 22-Feb-2024 23:24

Exicom Tele-Systems IPO Dates

Latest and updated information about Exicom Tele-Systems IPO. Dates are updated as they are announced.

IPO Activity Date
IPO Open Date 27th Feb 2024
IPO Close Date 29th Feb 2024
Basis of Allotment
Finalisation Date* 1st Mar 2024
Refunds Initiation* 4th Mar 2024
Credit of Shares
to Demat Account* 4th Mar 2024
IPO Listing Date* 5th Mar 2024

Check Exicom Tele Systems IPO Allotment Status

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