Exicom Tele-Systems IPO GMP, Price, Date, Allotment

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Exicom Tele-Systems IPO GMP

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.

Exicom Tele-Systems

Promoters of Exicom Tele-Systems – Nextwave Communications Private Limited, and Anant Nahata


Exicom Tele-Systems IPO Details

Exicom Tele-Systems IPO Dates27 – 29 February 2024
Exicom Tele-Systems Issue PriceINR 135 – 142 per share
Fresh issueINR 329 crore
Offer For Sale7,042,200 shares (INR 95.07 – 100 crore)
Total IPO sizeINR 424.07 – 429 crore
Minimum bid (lot size)100 shares (INR 14,200)
Face Value INR 10 per share
Retail Allocation10%
Listing OnBSE, NSE

Exicom Tele-Systems Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue512.91842.81707.93455.04
Expenses511.54809.19690.96431.30
Net income3.455.146.372.75
Margin (%)0.670.610.900.60
Figures in INR Crores unless specified otherwise

Exicom Tele-Systems Offer News


Exicom Tele-Systems Valuations & Margins

FY 2021FY 2022FY 2023
EPS1.383.313.38
PE ratio39.94 – 42.01
RONW (%)5.9413.7213.38
NAV23.2224.1025.24
ROCE (%)5.3317.6610.92
EBITDA (%)5.718.007.41
Debt/Equity0.500.380.41
*Compiled by IPO Central from Prospectus

Exicom Tele-Systems IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
24 February 2024956,500
23 February 202490
22 February 202470
21 February 202470
20 February 202470

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 IPO Subscription – Live Updates

Coming soon


Exicom Tele-Systems – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)NAVRevenue (Cr.)
Exicom Tele-Systems42.013.3813.3825.24707.93
Servotech Power systems158.370.5613.473.86278.48
HBL Power Systems75.703.5110.3534.321,368.67

Exicom Tele-Systems IPO Allotment Status

Exicom Tele-Systems IPO allotment status will be 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 Date27 February 2024
Exicom Tele-Systems IPO Closing Date29 February 2024
Finalization of Basis of Allotment1 March 2024
Initiation of refunds4 March 2024
Transfer of shares to demat accounts4 March 2024
Exicom Tele-Systems IPO Listing Date5 March 2024
Opening Price on NSEComing soon
Closing Price on NSEComing soon

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[email protected]
Website: 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: +91 810 811 4949
Email: [email protected]
Website: 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: +91 124 6615 200
Email: [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 95 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 6,500 per application.

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