OUR BUSINESS
Incorporated in 1994, we are an India headquartered power management solutions provider, operating under two business verticals, (i) our electric vehicle supply equipment (“EV Charger(s)”) solutions business, wherein we provide smart charging systems with innovative technology for residential, business, and public charging use in India (“EV Charger Business”).
(ii) our critical power solutions business, wherein we 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”). We were amongst the first entrants in the EV Chargers manufacturing segment in India as of March 31, 2023.
we are among the market leaders, with a market share of 60% and 25% in the residential and public charging segments. Furthermore, in our Critical Power Business, we 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.
EXICOM TELE-SYSTEMS LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date February 27, 2024 IPO Close Date February 29, 2024 IPO Size Approx ₹429.00 Crores IPO Fresh Issue Approx ₹329.00 Crores Offer For Sale Approx ₹100.00 Crores IPO Face Value ₹10 Per Equity Share IPO Price Band 135 to ₹142 Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 10% IPO QIB Quota 75% IPO NII Quota 15% DRHP Draft Click here RHP Draft Click here Anchor Investor Click here
EXICOM TELE-SYSTEMS LIMITED IPO MARKET LOT DETAILS
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
OBJECTS OF THE OFFER
Our Company proposes to utilize the Net Proceeds towards funding the following objects (collectively, the “Objects”):
- 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 our Company.
- Part-funding incremental working capital requirements.
- Investment in R&D and product development.
- General corporate purposes.
EXICOM TELE-SYSTEMS LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
Anchor Investor Allotment Feb 26, 2024 IPO Open Date Feb 27, 2024 IPO Close Date Feb 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
EXICOM TELE-SYSTEMS LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Expense PAT 2021 ₹524.36 ₹511.50 ₹3.45 2022 ₹848.96 ₹809.20 ₹5.14 2023 ₹723.40 ₹690.96 ₹6.37
OUR PROMOTERS
- Anant Nahata
- NextWave Communications Private Limited
QUALITATIVE FACTOR
Some of the qualitative factors and our strengths which form the basis for computing the Offer Price are:
- market leader in the Indian EV Charger market, with an early-mover-and-learner advantage in a fast-growing industry characterized by high entry barriers.
- domain experience and know-how and diversified product portfolio with a track record of demonstrated outcomes in critical cases.
- vertically integrated operations, backed by manufacturing capabilities, a robust supply chain, significant research and development activities, and sales, and marketing initiatives.
- significant product development and focused engineering capabilities.
- track record of long-standing relationships with an established customer base.
- experienced and qualified leadership and management team.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 0.69 0.69 3 March 31, 2022 0.56 0.56 2 March 31, 2021 0.38 0.38 1 Weighted Average 0.60 0.60
EXICOM TELE-SYSTEMS COMPANY CONTACT DETAILS
8, Electronics Complex
Chambaghat, Solan173 213
Himachal Pradesh, India
Tel:+91 124 6615 200
E-mail:investors@exicom.in
Website:www.exicom.in
EXICOM TELE-SYSTEMS IPO REGISTAR
Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
