Exicom Tele-Systems Limited was incorporated in 1994. The company specialises in EV charging, power systems and other solutions. The revenue of the Exicom Tele-Systems Limited had seen a fall of -14.79%. However, the profit after tax (PAT) was increased by 24.07% between March 31, 2023 and March 31, 2022. The company finally opened its IPO, and now everyone is waiting for the Exicom IPO Allotment Result. There are multiple methods available for the accessibility of the result.
Those who are waiting for the result date are informed that the Exicom IPO Allotment Result will be made available to the readers on 1 March 2024. The listing will take place on 5th March 2024. Check Out details like the GMP, Estimate Listing Price and more in the following article.
Exicom IPO Allotment Result
The offered issue will be listed on the Stock Exchanges BSE Limited and National Stock Exchange of India Limited. The company offered a total of 7,042,200 shares of Rs. 10/- The GMP of the Exicom IPO Allotment is Rs. 155/- as of 29 Feb 2024. So, the estimated listing price is Rs. 297/-. After considering the GMP and estimated listing price, it can be said that the expected percentage profit/ loss per share will be 109.15%.
Exicom Tele-Systems Limited IPO Allotment Result: Highlights
| Name of the Company | Exicom Tele-Systems Limited |
| Registrar of the Company | Link Intime India Private Ltd |
| Book Running Lead Managers | Monarch Networth, Unistone Capital and Systematix Corporate Services |
| Type of the Issue | Book Built Issue IPO |
| Price Bans of the Issue | Rs. 135 to Rs. 142 per share |
| IPO Listing At | BSE, NSE |
| Allotment Result Availability Status | Available Soon |
| Allotment Result Availability Mode | Online Mode |
| Official Portal | https://www.exicom.in/, www.mnclgroup.com, www.unistonecapital.com, www.systematixgroup.in, www.linkintime.co.in |
www.exicom.in IPO Allotment Subscription Status
The IPO of Exicom Tele-Systems was subscribed 45.95 times. The retail category subscribed 90.23 times, the QIB subscribed 8.76 times, and the NII category subscribed 99.48 times. Below is the table showing category-wise subscription details:
| Investor Category | Shares Offered | Shares bid for | Subscription (times) | Total Amount (Rs Cr.) |
| Retail Investors | 30,21,100 | 26,79,41,100 | 88.69 | 3,804.76 |
| Qualified Institutions | 1,01,19,700 | 5,72,13,300 | 5.65 | 812.43 |
| Non-Institutional Buyers | 45,31,600 | 43,30,58,000 | 95.56 | 6,149.42 |
| bNII (bids above Rs. 10L) | 30,21,100 | 28,30,86,500 | 93.7 | 4,019.83 |
| Anchor Investors | 1,25,38,800 | 1,25,38,800 | 1 | 178.05 |
| sNII (bids below Rs. 10L) | 15,10,500 | 14,99,71,500 | 99.29 | 2,129.60 |
| Total | 1,76,72,400 | 75,82,12,400 | 42.9 Times | 10,766.62 |
How to check the Exicom IPO Allotment Result?
The following section has been prepared specially to provide readers with the process which can help them in getting access to the allotment result. So, follow the process mentioned below step-by-step to directly open the Exicom IPO Allotment Result:
- First of all, you must search the website link of the Exicom IPO Registrar i.e., Link Intime India Private Ltd (https://linkintime.co.in/)
- After searching the link mentioned above the website’s home page will directly form on the screen.
- Start schooling down the page and stop once you find the section of the Investor Centre in the middle of the screen.
- Later on, click on the Public Issue option available under that.
- Post clicking on the option, a new page will shortly open on the respective device.
- Now, you will see a section where you will be asked to enter some details in the middle of the screen.
- Furthermore, select the name of the company for which you have applied.
- Under that, several options will be attached horizontally on the screen i.e., PAN Number, App. No., DP/ Client ID, Account No./ IFSC,
- After that, select the option using which you want to open the allotment result.
- Additionally, enter the particulars as per the selection made in the last step and submit those details.
- Finally, the allotment Exicom IPO Allotment Result will form on the screen. Check it carefully and download the file for future use.
Exicom IPO Allotment Result: Important Links
| Go to the portal | Exicom Tele-Systems Limited Website Link |
| Check Out the Result | To be activated |
| Check the DRHP File | Exicom IPO Allotment DRHP PDF |
| Follow for more updates | IPO Allotment |
Frequently Asked Questions
When will the authority provide the Exicom IPO Allotment Result?
The authority has concluded the IPO registration process. The company will provide the result on 1 March 2024. The company will commence the refund and share transfer process from 2 March 2024 onwards.
What are the objectives of the www.exicom.in Issue?
The following are the objectives of the Issues:
1. financing the production and assembly lines cots required for the manufacturing facility in Telangana.
2. Repayment of some borrowings made by the company (Part or full)
3. Fulfilling the requirements of incremental working capital
4. Making investments in R&D and product development
5. Meeting general corporate purposes
