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  |
| 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 |
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