Latest Exicom Tele-Systems IPO allotment Status: Here is how to check allotment status online

February 29, 2024 IPO 2 min read
Exicom Tele-Systems IPO Allotment Status

Exicom Tele-Systems Limited IPO Allotment Status: Here’s How To Check Status And Latest GMP

The book-built IPO of Exicom Tele-Systems is valued at Rs 429.00 crores. The issue consists of a new share offering of 2.32 crore, valued at Rs 329.00 crores, and a share sale offer of 0.7 crore, valued at Rs 100.00 crores.

The first public offering (IPO) of Exicom Tele-Systems began on February 27, 2024, and ended on February 29, 2024. On Friday, March 1, 2024, the allocation for the Exicom Tele-Systems IPO is anticipated to be completed. Exicom Tele-Systems’ initial public offering (IPO) is scheduled to go live on the BSE and NSE on Tuesday, March 5, 2024.

The IPO pricing range for Exicom Tele-Systems is ₹135 to ₹142 per share. An application must have a minimum lot size of 100 shares. Retail investors are required to invest a minimum of ₹14,200. For both sNII and bNII, the minimum lot size investment is 15 lots (1,500 shares), or ₹213,000, and 71 lots (7,100 shares), or ₹1,008,200.

The registrar for the Exicom Tele-Systems IPO is Link Intime India Private Ltd, and the book running lead managers of the offering are Monarch Networth Capital Ltd, Unistone Capital Pvt Ltd, and Systematix Corporate Services Limited.

Here’s how you can check the allotment status of Exicom Tele-Systems Limited IPO: 

Step 1: Go to the BSE website. 

Step 2: Choose ‘Equity’ and then the issue name from the selection menu.

Step 3: Enter your application number as well as your PAN card number and press ‘Search’.

You can also follow a similar procedure to check the allotment status on the Registrar’s website: 

Step 1: Go to the Link Intime India website. 

Step 2: Select the IPO name by clicking on ‘Company Selection’.

Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’. 

If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on March 04, 2024

Exicom Tele-Systems Limited was founded in 1994 and is an expert in power systems, electric vehicle (EV) charging, and other related technologies. The business is divided into two verticals.

  1. Power Systems: For digital communication networks, Exicom offers reliable power solutions.
  2. EV Charging Solutions: In India and Southeast Asia, Exicom has installed more than 6,000 AC and DC chargers. Their EV charging options are built to resist challenging electrical and environmental circumstances.

The company is among the first to enter the Indian EV charger manufacturing market as of March 31, 2023. The company is in the EV charger business, providing fast charging (DC chargers for businesses and public charging networks in cities and highways) as well as slow charging (mostly AC chargers for home use). 

Exicom Tele-Systems Limited GMP 

Date GMP
February 24 ₹130
February 23 ₹130
February 22 ₹96
February 21 ₹80

The Exicom Tele-Systems IPO’s most recent GMP, as of February 24, 2024, is ₹130. Exicom Tele-Systems IPO’s projected listing price, with a price band of 142.00, is ₹272 (cap price + today’s GMP). 91.55% is the anticipated percentage gain or loss per share.


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