Exicom Tele-Systems Ltd. IPO
Exicom Tele-Systems Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹142
Issue Price
Listing Price
₹264
Listing Price
Listing Gains
+₹122.00 (+85.92%)
Listing Gains
IPO Details
Bidding Dates
27 Feb - 29 Feb '24
Bidding Dates
Min. Investment
₹13,500
Min. Investment
Lot Size
100.00
Lot Size
Price Range
₹135 - ₹142
Price Range
Issue Size
408 Cr
Issue Size
Subscription Rate
- Retail Individual Investor119.59x
- Non-Institutional Investor153.22x
- Qualified Institutional Buyers121.80x
- Employees
About Company
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.
Power Systems: For digital communication networks, Exicom offers reliable power solutions.
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). Charge point operators (CPOs), fleet aggregators, and well-known automakers (for both passenger cars and EV buses) make up the clientele.
The company deployed more than 61,000 EV chargers at 400 places in India by September 30, 2023. By September 30, 2023, the company will have installed 470,810 Li-ion batteries, or more than 2.10 GWH, for use in the telecommunications industry. By September 2023, the company has supplied EV chargers to more than 70 clients, including four fleet aggregators, 32 national and regional CPOs, and 15 automobile OEMs.
Important Dates - Exicom Tele-Systems IPO
| Application opens on | 27th February 2024 |
| Last date of application | 29th February 2024 |
| Date of Allotment | 01st March 2024 |
| Refund begins from | 04th March 2024 |
| Credit of shares to Demat | 04th March 2024 |
| Listing date | 05th March 2024 |
Why should you invest in Exicom Tele-Systems Ltd. IPO?
Through facilitating the electrification of transport and the energy stability of digital communication infrastructure, ETSL hopes to have a significant impact on the sustainable energy transition. Its Critical Power Business provides comprehensive energy management for enterprise and telecoms settings. By September 30, 2023, the company will have installed 470,810 Li-ion batteries, or more than 2.10 GWH, for use in the telecommunications industry. At a compound annual growth rate (CAGR) of 8.50%, the telecom power systems market in India is projected to increase from roughly Rs. 15 billion in the Financial Year ended March 31, 2023 to Rs. 22 billion in the Financial Year ending March 31, 2028.
Exicom Tele-Systems IPO Grey Market Premium
| Date | GMP |
|---|---|
| 24th February | Rs.130 |
| 23rd February | Rs.130 |
| 22nd February | Rs.96 |
Exicom Tele-Systems Ltd. IPO - SWOT Analysis
Strengths
- Making efficient use of shareholders' funds During the past two years, return on equity (ROE) has increased.
- Effective in allocating resources to produce profits ROA has improved over the past two years.
Weaknesses
- Low Piotroski Score: Unstable financial institutions
Opportunities
- Annual Net Profits have increased over the previous two years
- Share Book Value improving over the previous two years
Threats
- Reduced Net Cash Flow: Businesses are unable to produce net cash
Financial Snapshot - Exicom Tele-Systems IPO
Check out the financial performance of Exicom Tele-Systems for recent years:
| Financial Year | Total Assets | Total Revenues | Net Profit |
|---|---|---|---|
| March 2021 | Rs 678.46 crore | Rs 524.36 crore | Rs 3.45 crore |
| March 2022 | Rs 602.99 crore | Rs 848.96 crore | Rs 5.14 crore |
| March 2023 | Rs 705.09 crore | Rs 723.40 crore | Rs 6.37 crore |
Exicom Tele-Systems IPO Noteworthy Highlights
The business intends to fund the following goals using the Net Proceeds:
- Contributing to the cost of erecting assembly and production lines at the Telangana manufacturing plant
- Repayment or prepayment of some of the company's borrowings, either fully or partially
- Partial financing of increased operating capital needs
- Research and development expenditures for new products
- Achieving general business goals
How to apply for Exicom Tele-Systems Ltd. IPO?
You can apply for the Exicom Tele-Systems Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Exicom Tele-Systems Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
