Exicom Tele-Systems IPO subscribed 27.76 times on second day

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The Rs 429-crore initial public offering (IPO) of Exicom Tele-Systems saw all of its shares scooped up by HNIs and regular investors equally.

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The subscription period for the Exicom Tele-Systems IPO auction began on February 27, 2024, and it will end 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.

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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.

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[{"selector":"#anim-ebf986f1-b09f-4b3f-82bc-9f3beae936f0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b6fef03a-b4de-4435-87e0-b3ad2498126f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Electric vehicle (EV) charging, power systems, and associated solutions are the areas of expertise for Exicom Tele-Systems Limited. The company is in the EV charger industry, 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 vehicles and EV buses) make up the clientele. About Exicom Tele-Systems

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Exicom Tele-Systems IPO subscribed 27.76 times on second day

Published : 29 February 2024

The Rs 429-crore initial public offering (IPO) of Exicom Tele-Systems saw all of its shares scooped up by HNIs and regular investors equally.

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