Exicom Tele-Systems Ltd. IPO

Exicom Tele-Systems, a leading Indian power management solutions provider, empowers both sustainable transportation and digital communication infrastructure. Established in 1994, they offer critical power solutions like DC power systems and lithium-ion batteries for telecom sites and enterprises. They're a major player in the EV charger market, holding a 60% and 25% share in residential and public segments, respectively. With a strong presence in critical power (16% market share) and lithium-ion batteries for telecom (10% market share), Exicom is committed to driving a sustainable future through innovative technology.

RHP
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DRHP
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Open Date

2024-02-27

Close Date

2024-02-29

Exicom Tele-Systems Ltd. IPO Details

Check out the issue details for Exicom Tele-Systems Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 142

Price Band

₹ 135 - 142

Issue Size

429 Cr.

Issue Type

Book Built

Open

2024-02-27

Close

2024-02-29

Listingprice

₹ 265

ListingGain

86.62%

Listing Date

2024-03-05

CMP

₹ 262.95

Current Return

85.18%

Exicom Tele-Systems Ltd. News

Exicom Tele-Systems informs about transcript of conference call18 Nov, 11:57AM Exicom Tele-Systems - Quaterly Results13 Nov, 3:19PM Exicom Tele-Systems - Quaterly Results13 Nov, 3:19PM Exicom Tele-Systems completes third tranche investment in Exicom Power Solutions B.V.11 Oct, 10:00AM Exicom Tele-Systems informs about compliance certificate8 Oct, 2:15PM Exicom Tele-Systems enters into Loan Agreement with Exicom Power Solutions B.V.19 Sep, 9:49AM Exicom Tele-Systems enters into loan agreement with Axis Finance 27 Aug, 10:13AM Exicom Tele-Systems executes loan agreement with subsidiary26 Aug, 3:05PM Exicom Tele-Systems enters into Loan Agreement with Exicom Power Solutions B.V.24 Aug, 2:52PM Exicom Tele-systems’ arm to acquire business and assets of Tritium 8 Aug, 12:44PM Exicom Tele-Systems informs about press release8 Aug, 10:58AM Exicom Tele-Systems informs about statement of deviation or variation6 Aug, 12:14PM Exicom Tele-Systems informs about investors presentation6 Aug, 9:59AM Exicom Tele-Systems informs about monitoring agency report 6 Aug, 9:55AM Exicom Tele-Systems gets nod to make investment in subsidiary5 Aug, 5:11PM Exicom Tele-Systems - Quaterly Results5 Aug, 2:50PM Exicom Tele-Systems - Quaterly Results5 Aug, 2:50PM Exicom Tele-Systems - Quaterly Results5 Aug, 2:50PM Exicom Tele-Systems informs about acquisition1 Aug, 5:31PM Exicom TeleSystems’ arm establishes wholly-owned subsidiary in Delaware, USA29 Jul, 9:26AM

Company Financials

You can get the following financial statements of Exicom Tele-Systems Ltd. as of now.

Exchange

NSE: EXICOM BSE: 544133

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Exicom Tele-Systems Limited IPO is as:

  • The issue size of the IPO is 429 Cr.
  • The price band for Exicom Tele-Systems Limited IPO is Rs 135 to Rs 142.
  • The shares of Exicom Tele-Systems Limited IPO will list on 5th March 2024.
  • The latest tentative GMP of Exicom Tele-Systems Limited IPO is Rs 170.
  • The shares of Exicom Tele-Systems Limited IPO is subscribed 48.99 Times as of 1:21 pm, 29th February 2024.

 

Exicom Tele-Systems Limited IPO Valuation

The approx valuation of Exicom Tele-Systems Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 142
Existing Shares (Qty) 9.76 Cr
Fresh Issue 329 Cr
Market Cap 1714.92 Cr
EPS (FY23) Rs 3.38
PE Ratio 42.01x
Industry PE 147.63x

 

Exicom Tele-Systems Limited IPO Issue Size

Exicom Tele-Systems Limited IPO issue size is 429 Cr. 

Issue Amount
Fresh Issue 329 Cr
Offer For Sale 100 Cr

 

Exicom Tele-Systems Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 100 shares and a maximum of 14 lots of 1400 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 100 14,200
 Maximum 14 1400 1,98,800

 

Exicom Tele-Systems Limited IPO share offer

The shares of Exicom Tele-Systems Limited IPO is subscribed 48.99 Times as of 1:21 pm, 29th February 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 12.04 Times
Non-Institutional Maximum 15% 102.35 Times
Retail Individual Maximum 10% 92.74 Times
Total   48.99 Times

Find below the dates for Exicom Tele-Systems Limited IPO:

Schedule Date
Basis of Allotment 1 March 2024
Refunds 4 March 2024
Credit to Demat Account 4 March 2024
IPO Listing Date 5 March 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 275.45 309.13 335.53 515.8 866.25
Total Expenditure 319.18 315.24 306.69 464.54 751.88
Operating Profit -43.73 -6.11 28.84 51.27 114.37
Other Income 35.66 14.35 38.16 18.25 19.13
Interest 10.98 15.62 17.65 17.39 19.15
Depreciation 16.24 15.9 14.52 15.57 17.95
Exceptional Items 0 0 0 0 0
Profit Before Tax -35.3 -23.29 34.83 36.56 96.4
Provision for Tax 1.16 -12.63 5.52 4.06 29.97
Net Profit -36.46 -10.66 4.05 7.84 66.43
Adjusted EPS (Rs.) -0.42 -0.12 0.34 0.37 0.55

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 7.23 7.23 7.23 7.23 120.82
Total Reserves 128.16 130.95 135.69 143.38 511.85
Borrowings 7.77 66.12 69.56 72.12 6.99
Other N/C liabilities 12.28 -1.88 1.4 1.24 22.31
Current liabilities 217.4 233.29 264.02 224.2 258.79
Total Liabilities 372.84 435.72 477.9 448.17 920.76
Assets
Net Block 98.16 71.67 97.79 76.66 90.38
Capital WIP 0 0 0 0 19.96
Intangible WIP 1.25 12.06 10.58 4.56 1.79
Investments 7.4 0.14 6.99 7.31 3.82
Loans & Advances 2.67 6.12 22.09 19.86 24.67
Other N/C Assets 1.7 28.24 1.96 1.09 2.51
Current Assets 261.66 317.48 338.49 338.69 777.64
Total Assets 372.84 435.72 477.9 448.17 920.76
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 1.62 3.54 7.15 13.47
Profit Before Tax 26.49 39.72 27.29 5.88
Tax 13.18 8.74 5.69 1.34
Profit After Tax 13.31 30.99 21.6 4.53
Adjusted EPS (Rs) 1.44 2.56 1.79 0.38

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 69.57 3.05
Jun 2024 69.57 3.05
Mar 2024 69.57 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -35.3 -23.29 34.83 11.9 96.4
Adjustment 26.97 28.62 -4.75 37.64 32.79
Changes in Assets & Liabilities 42.71 -16.84 -9.83 -40.81 -114.68
Tax Paid 0.07 -5.25 -4.04 0 -4.78
Operating Cash Flow 34.44 -16.75 16.22 8.73 9.74
Investing Cash Flow -10.59 -27.69 13.71 9.02 -285.58
Financing Cash Flow -25.15 46.38 -23.03 -15.54 316.7
Net Cash Flow -1.31 1.94 6.9 2.21 40.85
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