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Open
27 Feb 2024
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Close
29 Feb 2024
3
Allotment
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Listing
Tue, Mar 5, 2024
Price Band
₹135 to ₹142
Issue Size
3,02,11,200 shares (agg. up to ₹429 Cr)
Lot Size
100 Shares
Listing Date
Tue, Mar 5, 2024
Latest GMP
₹160
Est. Gain
112.68%
✦ AI Insight
GMP Trend
05-03-2024₹160Est. ₹302+112.68%
04-03-2024₹160Est. ₹302+112.68%
03-03-2024₹155Est. ₹297+109.15%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 78.16x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 629.41 | 705.09 | 602.99 | 678.46 |
| Total Income | 467.21 | 723.40 | 848.96 | 524.36 |
| Profit After Tax | 27.46 | 6.37 | 5.14 | 3.45 |
| NET Worth | 311.40 | 232.00 | 221.57 | 213.44 |
| Reserves and Surplus | 204.95 | 213.61 | 207.39 | 201.55 |
| Total Borrowing | 72.84 | 117.92 | 107.67 | 101.76 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Azad Engineering Ltd. | Mainboard | ₹740.00 Cr | ₹524 | 292.74 | ₹677.50 | +29.29% | ₹2,345.70 (+0.61%) |
| Kay Cee Energy & Infra Ltd. | SME | ₹15.93 Cr | ₹54 | 7.59 | ₹239.40 | +343.33% | ₹90.10 (-3.43%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in Telangana | 145.77 |
| 2 | Repayment/pre-payment, in part or full, of certain borrowings of our Company | 50.30 |
| 3 | Part-funding incremental working capital requirements | 69.00 |
| 4 | Investment in R&D and product development | 40.00 |
| 5 | General corporate purposes | |
| Total | 305.07 |
About Exicom Tele-Systems IPO
Incorporated in 1994, Exicom Tele-Systems Limited specializes in power systems, electric vehicle (EV) charging, and other related solutions. The company operates under two business verticals. Power Systems: Exicom provides uninterrupted power solutions for digital communication networks. EV Charging Solutions: Exicom has deployed over 61000 AC and DC chargers in India and Southeast Asia. Their EV charging solutions are designed to withstand harsh environmental and electrical conditions. As of March 31, 2023, the company is among the first to enter India's EV charger manufacturing segment. The company operates in the EV Charger business, which offers both slow charging solutions (primarily AC chargers for residential use) and fast charging solutions (DC chargers for business and public charging networks in cities and highways). The customer base includes established automotive OEMs (for passenger cars and EV buses), charge point operators (CPOs), and fleet aggregators. By September 30, 2023, the company had installed more than 61,000 EV chargers across 400 locations in India. As of September 30, 2023, the company has deployed 470,810 Li-ion Batteries for application in the telecommu
Contact Details
Exicom Tele-Systems Ltd. Address8, Electronics ComplexChambaghatSolan, Himachal Pradesh, 173213+91 124 6615 200investors@exicom.inVisit Website