Exicom Tele-Systems Limited

Company Profile
Company Name Exicom Tele-Systems Limited
Open Date 27-02-2024
Close Date 29-02-2024
Exchange BSE, NSE
Lot Size 100 Shares
Issue Price ₹135 to ₹142 per share
Issue Size 3,02,11,214 shares
Application Amount Min. Inv. - ₹ 14,200 (100 shares) Max. Inv. – ₹ 1,98,800 (1,400 shares)
Recommendation Apply

Exicom Tele-Systems Limited was originally incorporated in the year 1994 and has its registered office in Chambaghat, Himachal Pradesh, India. Exicom Tele-Systems is a power management solutions provider, operating under two business verticals, (i) critical power solutions business and (ii) electric vehicle supply equipment (“EV Charger(s)”)
solutions business. In Critical Power Business, company occupies a market share of 16% in the DC Power Systems market and are
recognized in the market for Li-ion Batteries for application in the telecommunications sector, having a market share of approximately 10% as of March 31, 2023. As of September 30th, 2023, the Company had 1,190 employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sept-23
Total Assets 678.46 602.99 705.09 629.41
Net Assets 213.44 221.57 231.99 311.40
Total Borrowings 101.76 107.66 117.91 72.83
Total Revenue 524.36 848.96 723.4 467.21
Profit After Tax 3.45 5.14 6.37 27.46

Tentative Timeline

Opening Date 27/02/2024
Closing Date 29-02-2024
Basis of Allotment 01-03-2024
Initiation of Refunds 04-03-2024
Credit of Shares to Demat 04-03-2024
Listing Date 05-03-2024

Objects of the Issue

Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in Telangana.
Repayment/pre-payment, in part or full of certain borrowings of the Company.
Part-funding incremental working capital requirements.
Investment in R&D and product development.
General corporate purposes.

Contact Information

Registered Office Exicom Tele-Systems Limited 8, Electronics Complex, Chambaghat Solan 173 213
Phone +91 124 6615 200
Email https://www.exicom.in/
Website https://www.exicom.in/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email exicom.ipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

Anchor Investor Shares Offered 12,538,800 (43.01%)
QIB Shares Offered 9,063,365 (31.09%)
NII 4,531,682 (15.54%)
RII 3,021,121 (10.36%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 93.29%
Share Holding Post Issue (Promoters) 69.57%

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