Exicom Tele-Systems IPO Details GMP Price, Launch Date, share price, Issue Size, Review

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 DateFebruary 29, 2024
IPO SizeApprox ₹429.00 Crores
IPO Fresh IssueApprox ₹329.00 Crores
Offer For SaleApprox ₹100.00 Crores
IPO Face Value ₹10 Per Equity Share
IPO Price Band135 to ₹142 Per Every Share
IPO Listing OnNSE and BSE
IPO Retail Quota10%
IPO QIB Quota75%
IPO NII Quota15%
DRHP DraftClick here
RHP DraftClick here
Anchor InvestorClick here

EXICOM TELE-SYSTEMS LIMITED IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum1100₹14,200
Retail Maximum141,400₹198,800
S-HNI Minimum151,500₹213,000
B-HNI Minimum717,100₹10,08,200

OBJECTS OF THE OFFER

Our Company proposes to utilize the Net Proceeds towards funding the following objects (collectively, the “Objects”):

  1. Part-financing the cost of setting up 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.

EXICOM TELE-SYSTEMS LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)

Anchor Investor AllotmentFeb 26, 2024
IPO Open DateFeb 27, 2024
IPO Close DateFeb 29, 2024
Basis of AllotmentMarch 1, 2024
RefundsMarch 4, 2024
Credit to Demat AccountMarch 4, 2024
IPO Listing DateMarch 5, 2024

EXICOM TELE-SYSTEMS LIMITED FINANCIAL REPORT

₹ in Crores
YearRevenueExpensePAT
2021₹524.36 ₹511.50 ₹3.45
2022 ₹848.96 ₹809.20 ₹5.14
2023 ₹723.40 ₹690.96 ₹6.37

OUR PROMOTERS

  1. Anant Nahata
  2. 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 EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 20230.690.693
March 31, 20220.560.562
March 31, 20210.380.381
Weighted Average0.600.60

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

 

Leave a Comment

Facebook
Twitter
WhatsApp
Telegram
LinkedIn