Question 1

What is the Exicom Tele-Systems Limited IPO?

Accepted Answer

The Exicom Tele-Systems Limited IPO is a mainboard Initial Public Offering where Exicom Tele-Systems Limited is offering its shares to the public for the first time. The issue size is ₹3 crores with a price band of ₹135-142. This allows retail and institutional investors to become shareholders in the company.

Question 2

When will Exicom Tele-Systems Limited IPO open?

Accepted Answer

The Exicom Tele-Systems Limited IPO was open from 27 February 2024 to 29 February 2024. The subscription period has now ended.

Question 3

What is the lot size of Exicom Tele-Systems Limited IPO?

Accepted Answer

The lot size for Exicom Tele-Systems Limited IPO is 100 shares, which means the minimum investment required is approximately ₹14,200 (100 shares × ₹135-142). Retail investors can apply for one or more lots, but applying for a single lot typically gives better allotment chances during oversubscription.

Question 4

How to apply for Exicom Tele-Systems Limited IPO?

Accepted Answer

You can apply for the Exicom Tele-Systems Limited IPO through multiple channels: 1) Online broker platforms like Zerodha, Groww, Angel One, Upstox (most convenient); 2) Internet banking using ASBA facility; 3) Through your bank branch. You'll need a Demat account, linked bank account, PAN card, and sufficient funds. The application process involves selecting the IPO, choosing number of lots, selecting bid price (or cutoff), and authorizing the payment via UPI mandate.

Question 5

When is Exicom Tele-Systems Limited IPO allotment?

Accepted Answer

The Exicom Tele-Systems Limited IPO allotment was completed on Expected 5-7 days after closing. You can check your allotment status on the registrar's website (Link Intime, KFintech, or Bigshare) using your PAN number, application number, or Demat details. Allotted shares will be credited to your Demat account before the listing date. If you don't get allotment, your blocked amount will be unblocked automatically.

Question 6

When is Exicom Tele-Systems Limited IPO listing date?

Accepted Answer

The Exicom Tele-Systems Limited IPO was listed on 05 March 2024. On listing day, shares will start trading on the stock exchanges, and you can sell your allotted shares or hold them for long-term investment based on your strategy. Listing price depends on market demand and may be above, below, or at the issue price.

Question 7

Was GMP of Exicom Tele-Systems Limited IPO reliable?

Accepted Answer

The Grey Market Premium (GMP) for Exicom Tele-Systems Limited IPO was ₹160 before listing. The actual listing price was ₹265, giving a listing gain of 86.6% (₹123 per share). The listing performance was lower than GMP suggested, showing that GMP was overestimated. This demonstrates that while GMP can be an indicator, it's not always accurate and should be used alongside fundamental analysis.

Question 8

How much profit have I made if I held Exicom Tele-Systems Limited IPO after allotment?

Accepted Answer

If you were allotted shares at the issue price of ₹142 and held them until now, your current gain is -0.2% (₹-0 per share). For one lot of 100 shares, your loss would be ₹0. On listing day, the stock opened at ₹265 (86.6% gain). The stock has corrected from listing day highs. Remember, past performance doesn't guarantee future results, and investment decisions should be based on the company's fundamentals and your investment goals.

Application	Lots	Shares	Amount
Retail(min) Retail Individual Investors - Investment up to ₹2 lakhs (min 1 lot)	1	100	₹14,200
Retail(max) Retail Individual Investors - Investment up to ₹2 lakhs (min 1 lot)	14	1,400	₹1.99L
SHNI(min) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	15	1,500	₹2.13L
SHNI(max) Small HNI - Investment between ₹2 lakhs and ₹10 lakhs	70	7,000	₹9.94L
BHNI(min) Big HNI - Investment above ₹10 lakhs	71	7,100	₹10.08L

IPO Master

Exicom Tele-Systems Limited

Market Performance

Stock Price Chart

Market Lot Size

IPO Timeline

IPO Opens

IPO Closes

Allotment

Listing

AI Research Analysis Not Available

Allotment Status

Frequently Asked Questions about Exicom Tele-Systems Limited IPO