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.

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

₹ 110.69

Current Return

-22.05%

Company Financials

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

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 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 309.13 335.53 515.8 866.25 752.42
Total Expenditure 315.24 306.69 464.54 751.88 712.92
Operating Profit -6.11 28.84 51.27 114.37 39.5
Other Income 14.35 38.16 18.25 19.13 46.32
Interest 15.62 17.65 17.39 19.15 37.71
Depreciation 15.9 14.52 15.57 17.95 21.26
Exceptional Items 0 0 0 0 0
Profit Before Tax -23.29 34.83 36.56 96.4 26.85
Provision for Tax -12.63 5.52 4.06 29.97 5.91
Net Profit -10.66 4.05 7.84 66.43 20.94
Adjusted EPS (Rs.) -0.12 0.33 0.36 0.53 0.17

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 7.23 7.23 7.23 120.82 120.82
Total Reserves 130.95 135.69 143.38 511.85 536.87
Borrowings 66.12 69.56 72.12 6.99 238.02
Other N/C liabilities -1.88 1.4 1.24 22.31 22.04
Current liabilities 233.29 264.02 224.2 258.79 461.18
Total Liabilities 435.72 477.9 448.17 920.76 1378.93
Assets
Net Block 71.67 97.79 76.66 90.38 92.1
Capital WIP 0 0 0 19.96 78.48
Intangible WIP 12.06 10.58 4.56 1.79 0.3
Investments 0.14 6.99 7.31 3.82 250.24
Loans & Advances 6.12 22.09 19.86 24.67 23.44
Other N/C Assets 28.24 1.96 1.09 2.51 6.19
Current Assets 317.48 338.49 338.69 777.64 928.19
Total Assets 435.72 477.9 448.17 920.76 1378.93
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Other Income 13.47 13.25 12.45 12.03 7.2
Profit Before Tax 5.88 -12.9 6.59 -7.5 4.78
Tax 1.34 -3.15 2.03 0.25 -1.13
Profit After Tax 4.53 -9.75 4.56 -7.75 5.92
Adjusted EPS (Rs) 0.36 -0.78 0.36 -0.62 0.43

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2025 66.47 2.78
Jun 2025 69.51 3.05
Mar 2025 69.57 3.05
Dec 2024 69.57 3.05
Sep 2024 69.57 3.05
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -23.29 34.83 11.9 96.4 26.85
Adjustment 28.62 -4.75 37.64 32.79 23.44
Changes in Assets & Liabilities -16.84 -9.83 -40.81 -114.68 -20.83
Tax Paid -5.25 -4.04 0 -4.78 -10.56
Operating Cash Flow -16.75 16.22 8.73 9.74 18.9
Investing Cash Flow -27.69 13.71 9.02 -285.58 -437.56
Financing Cash Flow 46.38 -23.03 -15.54 316.7 384.65
Net Cash Flow 1.94 6.9 2.21 40.85 -34.01
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