31 Mar 2021
Assets678.46
Total Income524.36
Profit After Tax3.45
NET Worth213.44
Reserves and Surplus201.55
Total Borrowing101.76
At a glance
Updated 2026-08-24The shares listed at ₹265.00, a 86.62% move from the issue price. Exicom Tele-Systems is a Mainboard IPO with an issue size of ₹429.00 crore, proposed for listing on BSE, NSE. The offer opens on 27th Feb 2024 and closes on 29th Feb 2024. The issue structure includes a fresh issue of ₹329.00 crore and an offer-for-sale component of ₹100.00 crore. The current listing schedule points to 5th Mar 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹429.00 Cr
Fresh issue₹329.00 Cr
Offer for sale₹100.00 Cr
Face value₹10
Price band₹135.00–₹142.00
Allotment1st Mar 2024
Listing5th Mar 2024
Listing performance
Full performance ↗Issue price₹142.00
Listing price₹265.00
Current price—
Listing gain86.62%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹160.00
GMP / upper price112.68%
Est. listing₹302.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Feb 2024
Closes29th Feb 2024
Allotment1st Mar 2024
Refund4th Mar 2024
Demat4th Mar 2024
Listing5th Mar 2024
Subscription demand
Full bidding ↗Total133.56×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 100 | ₹14,200 |
Company
Incorporated1994
Use of proceeds
| Object | Amount |
|---|---|
| Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in Telangana | ₹145.77 Cr |
| Repayment/pre-payment, in part or full, of certain borrowings of Company | ₹50.30 Cr |
| Part-funding incremental working capital requirements | ₹69.00 Cr |
| Investment in R&D and product development | ₹40.00 Cr |
| Issue Expenses | ₹35.96 Cr |
| Total | ₹341.03 Cr |
Financials
Full financials ↗31 Mar 2022
Assets602.99
Total Income848.96
Profit After Tax5.14
NET Worth221.57
Reserves and Surplus207.39
Total Borrowing107.67
31 Mar 2023
Assets705.09
Total Income723.40
Profit After Tax6.37
NET Worth232.00
Reserves and Surplus213.61
Total Borrowing117.92
30 Sep 2023
Assets629.41
Total Income467.21
Profit After Tax27.46
NET Worth311.40
Reserves and Surplus204.95
Total Borrowing72.84
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| RoNW |
| PAT Margin |
| Price to Book Value |
Valuation & shareholding
Pre-IPO EPS0.65
Post-IPO EPS4.55
Pre-IPO P/E217.63
Post-IPO P/E31.24
Promoter holding pre93.28%
Promoter holding post69.57%
Market cap₹1715.71 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in Telangana | ₹145.77 Cr |
| Repayment/pre-payment, in part or full, of certain borrowings of Company | ₹50.30 Cr |
| Part-funding incremental working capital requirements | ₹69.00 Cr |
| Investment in R&D and product development | ₹40.00 Cr |
| Issue Expenses | ₹35.96 Cr |
| Total | ₹341.03 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Systematix Corporate Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.