Exchanges
BSE, NSE
Industry
Heavy Electrical Equipment
Issue
Book building

Exicom Tele-Systems IPO

₹224.95

+58.42% on listing

Listing-day close · NSE · 5 Mar 2024 · issue price ₹142

Exicom Tele-Systems’ ₹429 crore IPO was priced at ₹142 a share. It listed on the NSE on 5 Mar 2024 and closed its first day at ₹224.95, up 58.42% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹429 Cr
Fresh issue
₹329 Cr
Offer for sale
₹100 Cr
Lot size
100 shares
Minimum investment
₹14,200
Face value
₹10
Registrar
MUFG Intime India

Subscription

Exicom Tele-Systems IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—78.16×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,716 Cr
P/E (post-issue)
31.2
EPS (post-issue)
₹4.55
Price to book
5.6
ROE
13.38%
ROCE
10.92%
PAT margin
4.30%
Promoter holding
93.28% → 69.57%

From the offer documents.

Listing

Listing date
5 Mar 2024
Issue price
₹142
Open
₹265.00
High
₹274.50
Low
₹219.00
Close
₹224.95

Listing day on the NSE. The close was +58.42% on the issue price.

EXICOM TELE-SYSTEMS share price today

FAQs

When did the Exicom Tele-Systems IPO open and close?

It opened on 27 Feb 2024 and closed on 29 Feb 2024.

What was the Exicom Tele-Systems IPO price?

The price band was ₹135–142 a share. The final issue price was ₹142.

What is the lot size and minimum investment?

One lot is 100 shares, ₹14,200 at ₹142 a share. Retail investors apply in whole lots.

How much did Exicom Tele-Systems raise?

₹429 crore: ₹329 crore of new shares and ₹100 crore offered by existing shareholders.

How many times was the Exicom Tele-Systems IPO subscribed?

78.16 times overall.

How did Exicom Tele-Systems list?

It listed on the NSE on 5 Mar 2024 at ₹265.00 and closed the day at ₹224.95, up 58.42% on the ₹142 issue price.

Who is the registrar of the Exicom Tele-Systems IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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