Exicom Tele-Systems IPO allotment: EV charger maker Exicom Tele-Systems' IPO worth Rs 429 crore concluded with an overall subscription of 129.54 times on Thursday, February 29.

Exicom Tele Systems IPO subscription status

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According to provisional exchange data, Exicom Tele Systems IPO's share sale received bids for 2,36,07,64,300 shares against 1,82,23,540 shares on offer, translating into a subscription of 129.54 times on Thursday, the third day of the bidding process.

Category Subscription (No. of times the equity reserved)
Qualified institutional buyers  121.80
Non-institutional investors 153.22
Retail investors 119.59
Overall 129.54
Source: Exchange data

Exicom Tele Systems IPO allotment date

The finalisation of the allotment of shares is expected on Tuesday, March 1.

Exicom Tele-Systems IPO: Here's a step-by-step guide on how to check the allotment status

Exicom Tele Systems IPO allotment status check on BSE

Step 1: Visit the official website of the BSE to check the status of the IPO application online. Login using the direct link: bseindia.com/investors/appli_check.aspx

Step 2: Select 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name'. Either enter the application number in the box or provide your PAN details to proceed further. Click 'submit'.

The status of your Exicom Tele-Systems IPO application will appear on the screen.

Registrar Link Intime India Private

A bidder is required to log in to the direct Link Intime India Private website and follow through to check the status of the IPO application online.

Exicom Tele Systems IPO allotment status check on Link Intime

Step 1: Log in to the direct Link Intime web link — linkintime.co.in/MIPO/Ipoallotment.html;

Step 2: Select-- Exicom Tele-Systems IPO

Step 3: The bidder then has to enter PAN details and click on the 'Search' option.

The status of your Exicom Tele-Systems application will appear on the screen.

Exicom Tele Systems  IPO listing time

Exicom Tele-Systems shares are set to be listed on bourses- BSE and NSE- tentatively on Friday, March 5.

What does Exicom Tele Systems do?

Exicom Tele-Systems is a power management solutions provider and operates under two business verticals- EV (electrical vehicle) charger solutions business and the power solutions business.

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