Exicom Tele-Systems IPO Description – Established in 1994, Exicom Tele-Systems is a power management solutions provider headquartered in India. The company operates in two distinct business verticals:
- Electric Vehicle Supply Equipment (EV Charger) Solutions Business: Exicom pioneers smart charging systems, employing innovative technology for residential, business, and public charging applications across India.
- Critical Power Solutions Business: Specializing in the design, manufacturing, and servicing of critical digital infrastructure technology, Exicom ensures comprehensive energy management at telecommunications sites and enterprise environments in both India and overseas.
As of 31 March 2023, Exicom Tele-Systems leads the EV charger manufacturing sector in India. Operating in the EV Charger business, the company provides solutions for both slow (AC chargers for homes) and fast charging (DC chargers for businesses and public networks). Clients include prominent automotive OEMs, charge point operators (CPOs), and fleet aggregators.
By 31 March 2023, Exicom Tele-Systems had installed 35,000+ EV chargers across 400 locations in India. The company also deployed 450,000 Li-ion Batteries for telecom, amassing a storage capacity exceeding 2.00 GWH. As of September 2023, the company has provided its EV Chargers to more than 70 clients, encompassing 15 automotive OEMs, 32 national and regional Charge Point Operators (CPOs), and four fleet aggregators.
As of 31 August 2023, the company has a workforce of 1,124 employees in India, comprising 421 contractual staff not on its rolls. Among them, 705 employees possess technical qualifications, with 431 holding diplomas and 274 having engineering degrees. Additionally, the company has 43 employees at its subsidiaries.
Promoters of Exicom Tele-Systems – Nextwave Communications Private Limited, and Anant Nahata
Table of Contents
Exicom Tele-Systems IPO Details
| Exicom Tele-Systems IPO Dates | 27 – 29 February 2024 |
| Exicom Tele-Systems Issue Price | INR 135 – 142 per share |
| Fresh issue | INR 329 crore |
| Offer For Sale | 7,042,200 shares (INR 95.07 – 100 crore) |
| Total IPO size | INR 424.07 – 429 crore |
| Minimum bid (lot size) | 100 shares (INR 14,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 10% |
| Listing On | BSE, NSE |
Exicom Tele-Systems Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 |
| Revenue | 512.91 | 842.81 | 707.93 | 455.04 |
| Expenses | 511.54 | 809.19 | 690.96 | 431.30 |
| Net income | 3.45 | 5.14 | 6.37 | 2.75 |
| Margin (%) | 0.67 | 0.61 | 0.90 | 0.60 |
Exicom Tele-Systems Offer News
- Exicom IPO Subscription Status
- Exicom Tele-Systems RHP
- Exicom Tele-Systems DRHP
- Exicom Tele-Systems IPO: All You Need to Know in 10 Points
- ASBA IPO Forms
- IPO Allotment Status
Exicom Tele-Systems Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 1.38 | 3.31 | 3.38 |
| PE ratio | – | – | 39.94 – 42.01 |
| RONW (%) | 5.94 | 13.72 | 13.38 |
| NAV | 23.22 | 24.10 | 25.24 |
| ROCE (%) | 5.33 | 17.66 | 10.92 |
| EBITDA (%) | 5.71 | 8.00 | 7.41 |
| Debt/Equity | 0.50 | 0.38 | 0.41 |
Exicom Tele-Systems IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 4 March 2024 | 150 | – | 11,000 |
| 2 March 2024 | 150 | – | 11,000 |
| 1 March 2024 | 150 | – | 11,000 |
| 29 February 2024 | 170 | – | 13,000 |
| 28 February 2024 | 180 | – | 14,000 |
| 27 February 2024 | 150 | – | 12,500 |
| 26 February 2024 | 120 | – | 9,000 |
| 24 February 2024 | 95 | – | 6,500 |
| 23 February 2024 | 90 | – | – |
| 22 February 2024 | 70 | – | – |
| 21 February 2024 | 70 | – | – |
| 20 February 2024 | 70 | – | – |
Exicom Tele-Systems IPO Objectives
The company proposes to utilize the Net Proceeds towards funding the following objects:
- Part-financing the cost of setting up production/assembly lines at the planned manufacturing facility in Telangana – INR 151.47 crore
- Repayment/pre-payment, in part or full of certain borrowings of the company – INR 50.30 crore
- Part-funding incremental working capital requirements – INR 69.0 crore
- Investment in R&D and product development – INR 40.0 crore
- General corporate purposes
Exicom Tele-Systems – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Exicom Tele-Systems | 42.01 | 3.38 | 13.38 | 25.24 | 707.93 |
| Servotech Power systems | 158.37 | 0.56 | 13.47 | 3.86 | 278.48 |
| HBL Power Systems | 75.70 | 3.51 | 10.35 | 34.32 | 1,368.67 |
Exicom Tele-Systems IPO Allotment Status
Exicom Tele-Systems IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Exicom Tele-Systems IPO Dates & Listing Performance
| Exicom Tele-Systems IPO Opening Date | 27 February 2024 |
| Exicom Tele-Systems IPO Closing Date | 29 February 2024 |
| Finalization of Basis of Allotment | 1 March 2024 |
| Initiation of refunds | 4 March 2024 |
| Transfer of shares to demat accounts | 4 March 2024 |
| Exicom Tele-Systems IPO Listing Date | 5 March 2024 |
| Opening Price on NSE | INR 265 per share (up 86.62%) |
| Closing Price on NSE | INR 224.95 per share (up 58.42%) |
Exicom Tele-Systems IPO Reviews – Subscribe or Avoid?
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Exicom Tele-Systems Offer Lead Manager
UNISTONE CAPITAL PRIVATE LIMITED
A/305, Dynasty Business Park, Andheri Kurla Road,
Andheri East, Mumbai 400059, Maharashtra
Phone: +91 22 46046494
Email:Â [email protected]
Website:Â www.unistonecapital.com
Exicom Tele-Systems Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 810 811 4949
Email:Â [email protected]
Website:Â www.linkintime.co.in
Exicom Tele-Systems Contact Details
EXICOM TELE-SYSTEMS LIMITED
3rd Floor, Plot No. 38, Institutional Area,
Sector 32, Gurugram 122 001 Haryana, India
Phone:Â +91 124 6615 200
Email:Â [email protected]
Website: www.exicom.in
Exicom Tele-Systems IPO FAQs
How many shares in Exicom Tele-Systems IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in Exicom Tele-Systems Public Offer?
The best way to apply in Exicom Tele-Systems’ public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Exicom Tele-Systems IPO GMP today?
Exicom Tele-Systems IPO GMP today is INR 150 per share.
What is Exicom Tele-Systems kostak rate today?
Exicom Tele-Systems kostak rate today is INR NA per application.
What is Exicom Tele-Systems Subject to Sauda rate today?
Exicom Tele-Systems Subject to Sauda rate today is INR 11,000 per application.
