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Exicom Tele-Systems IPO allotment is expected to be finalized today, March 1, 2024. The IPO received a strong investor response, with an oversubscription of 129.54 times. This means allotting shares could be competitive. You can check Exicom Tele-Systems IPO Allotment Status in this blog.

How to check your Exicom Tele-Systems IPO allotment status

• Via Link Intime to check Exicom Tele-Systems IPO allotment status: Link Intime is the registrar for the issue. Visit their website at Link Intime , select company name Exicom Tele-Systems and enter your PAN no.

• Via BSE Website to check Exicom Tele-Systems IPO allotment status: The Bombay Stock Exchange also offers an allotment status check. Go to BSE Website (or directly click here) and select Exicom Tele-Systems Limited from the issue name dropdown. Enter your application number and PAN details.

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Important Dates (Tentative)

• Allotment Finalization: March 1, 2024
• Refund Initiation: March 4, 2024
• Share Credit to Demat Account: March 4, 2024
• Listing Date: March 5, 2024 (on both BSE and NSE)

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What to Do After Allotment

• If you are allotted shares, the shares will be credited to your Demat account by March 4, 2024.
• You can then decide to hold the shares for the long term or sell them on the listing date (March 5, 2024) or thereafter.

Didn’t Get Allotment?

• If you are not allotted any shares, the application money will be refunded to your bank account by March 4, 2024.

About Exicom Tele-Systems

Exicom Tele-Systems is a company based in India that specializes in two key areas: power management solutions and electric vehicle (EV) charging. Here’s a breakdown of their business:

• Power Systems: Exicom provides uninterrupted power solutions specifically designed for digital communication networks like telecom towers. This includes DC power systems and Lithium-ion (Li-ion) energy storage solutions.

• EV Charger Business: Exicom designs, manufactures, and sells smart charging systems for residences, businesses, and public use throughout India. They’ve been in this space since 2019 and boast experience catering to various customer segments, including car manufacturers, charging station operators, and fleet management companies.

Exicom’s Strengths

• Established Player: Founded in 1994, Exicom has a long history in the power solutions industry.
• Vertically Integrated: They manage the entire product development process in-house, from conceptualization to prototype testing.
• Manufacturing Capabilities: Exicom operates three manufacturing facilities in India with a significant production capacity for both power systems and EV chargers.
• Focus on Innovation: They have dedicated R&D centers to continuously improve their product offerings.
• EV Market Growth: Exicom is well-positioned to benefit from the growing electric vehicle market in India.

Exicom Tele-Systems Limited Financial Information

Exicom Tele-Systems Website: https://www.exicom-ps.com/

Disclaimer: The information provided on this website is for general informational purposes only and should not be construed as financial advice, investment recommendations, or guarantees of any kind. This information is not intended as a substitute for professional financial advice. You should always seek the advice of a qualified financial advisor before making any investment or financial decisions.