Exicom Tele-Systems Limited IPO
Exicom Tele-Systems Limited was a mainboard IPO in the Heavy Electrical Equipment sector, offered at ₹135–₹142 per share to raise ₹429 crore. The issue was subscribed 129.54× overall (QIBs 121.8×, NIIs 153.22×, retail 119.59×). It listed on 5 Mar 2024 and closed its first day at ₹225, a listing gain of +58.4% versus the ₹142 issue price. It now trades around ₹125 (-11.9% versus the issue price).
Frequently asked questions
- How many times was the Exicom Tele-Systems Limited IPO subscribed?
- The Exicom Tele-Systems Limited IPO was subscribed 129.54× overall — 121.8× in the QIB category, 153.22× among non-institutional investors, 119.59× in retail.
- What were the Exicom Tele-Systems Limited IPO listing gains?
- Exicom Tele-Systems Limited listed on 5 Mar 2024, closing its first day at ₹225 — a listing gain of +58.4% versus the ₹142 issue price.
- What were the retail allotment odds for the Exicom Tele-Systems Limited IPO?
- Retail was subscribed 119.59×, so a single-lot application had roughly a 0.8% chance of allotment (about 1 in 120), and allotment was finalised on 1 Mar 2024.
- What was the price band and lot size of the Exicom Tele-Systems Limited IPO?
- The price band was ₹135–₹142 per share, with a minimum lot of 100 shares (₹14,200 at the upper band).
- Who were the registrar and lead manager for the Exicom Tele-Systems Limited IPO?
- Link Intime India Private Limited was the registrar, and Monarch Networth Capital was the book-running lead manager.