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EXICOMEQ / NSE, BSEListed
Exicom Tele-Systems

Established in 1994, Exicom Tele-Systems Limited is a leading provider of power systems and electric vehicle (EV) charging solutions, specializing in two key segments: **Power Systems**—ensuring reliable power for digital communication networks, and **EV Charging Solutions**—where it has deployed over 6,000 AC and DC chargers across India and Southeast Asia. As an early player in India's EV charger manufacturing sector, Exicom offers residential AC chargers and commercial DC fast chargers, catering to automotive OEMs, charge point operators (CPOs), and fleet aggregators. The company maintains an ISO-certified manufacturing facility, adhering to environmental, safety, and quality standards. Exicom’s revenue grew significantly from ₹512.9 crores in FY'21 to ₹707.93 crores in FY'23, demonstrating strong financial performance. By March 2023, the company had installed over 35,000 chargers across 400 locations in India. As of September 2023, Exicom employs 1,124 professionals in India, including 705 technically qualified staff, with an additional 43 employees working at subsidiaries, reinforcing its commitment to technological excellence and operational efficiency.

₹135 - ₹142133.56x sub
Listed Price₹265.00
Listing Gain+86.62%

IPO Schedule & Timeline

Book Built Issue IPO
Open27 Feb 2024
Close29 Feb 2024
Allotment02 Mar 2024
Listing05 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail30,21,100 shares
10%
Nii(hni)45,31,600 shares
15%
QIB1,01,19,700 shares
33.5%

Minimum Application Lots

Retail1 Lot (100 shares)
₹14,200
sHNI15 Lots (1,500 shares)
₹2,13,000
bHNI71 Lots (7,100 shares)
₹10,08,200

Company Promoters

NextWave Communications Private LimitedAnant Nahata

Company Background

Established in 1994, Exicom Tele-Systems Limited is a leading provider of power systems and electric vehicle (EV) charging solutions, specializing in two key segments: **Power Systems**—ensuring reliable power for digital communication networks, and **EV Charging Solutions**—where it has deployed over 6,000 AC and DC chargers across India and Southeast Asia....

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-23)₹723.4 Cr
Growth+38.0%
Revenue Trend (₹ in Crores)
0.0325.4650.9976.3Mar-21Mar-22Mar-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-23723.406.37705.09117.92
Mar-22848.965.14602.99107.67
Mar-21524.363.45678.46101.76

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
20233.3813.38%10.92%217.6331.24
20223.3113.72%17.66%00
20211.385.94%5.33%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
02 Mar 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
05 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Exicom Tele-Systems. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Mar 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date05 Mar 2024Trading commences on exchange

How to Check Exicom Tele-Systems Allotment Online

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3Enter Details

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Prospectus & Official Filings

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About Exicom Tele-Systems IPO

Complete issue overview for Exicom Tele-Systems (EXICOM) IPO. The issue features an equity share price band of ₹135 – ₹142 per share with a minimum retail lot size of 100 Shares (minimum application amount of ₹14,200). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions