Exicom Tele-Systems Limited Prepares for IPO with Strong Market Entry

Looking ahead: Exicom Tele-Systems IPO to open from February 27 to February 29

In an exciting development, Exicom Tele-Systems Limited, a key player in power management solutions, is gearing up to launch its Initial Public Offering (IPO) from February 27 to February 29. Here are the intriguing details:

IPO Highlights:

- Price Range: ₹135-142 per share

- Minimum Investment:₹13,500 for 100 shares

- Lot Size: 100 shares

- Issue Size: ₹429 crores

- Bidding Period: February 27 - February 29

Application Details:

- For Retail Investors:

- Price: ₹135-142

- Apply up to ₹2,00,000

For High Net Worth Individuals (HNI)

- Price: ₹135-142

- Apply between ₹2,00,000 and ₹5,00,000

About Exicom Tele-Systems:

Exicom Tele-Systems Limited specializes in power management solutions, with two key business segments - Critical Power Business and EV Charger Business. The Critical Power Business involves designing, manufacturing, and servicing DC Power Systems and Li-ion energy storage solutions for telecommunication sites. Simultaneously, the EV Charger Business offers smart charging systems for residential, business, and public use in India.

The company operates with vertical integration, overseeing product development from concept to prototype testing. It has two dedicated R&D centres and manufactures its product portfolio in-house across three facilities in India. These facilities, located in Solan, Himachal Pradesh, and Gurugram, Haryana, collectively have an annual capacity of 12,000 DC Power Systems, 44,400 AC chargers, and DC fast chargers, with a total built-up area of 134,351.95 sq. ft.

Financials (Profit):

- 2023: ₹6.37 Crores

- 2022: ₹5.14 Crores

- 2021: ₹3.45 Crores