Exicom Tele-Systems IPO
EV Charging/Telecom Infra - Listed on 05 March 2024
Exicom Tele-Systems IPO listing summary
Exicom Tele-Systems (EV Charging/Telecom Infra) closed its IPO window in 2024 and listed on NSE and BSE on 05 March 2024 at an upper band issue price of Rs 142, opening at Rs 202.61 for a listing gain of +42.7% and closing day one at Rs 224.95 (+58.4% on closing basis). The IPO was subscribed 129.54x overall - QIB 121.80x, HNI/NII 153.22x, Retail 119.59x. The total issue size was Rs 429 Cr (Fresh Issue Rs 329 Cr, OFS Rs 100 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Exicom Tele-Systems IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 15 | +21.13% |
| Day 2 | Rs 17 | +21.13% |
| Day 3 | Rs 17 | +17.61% |
| Day 4 | Rs 25 | +17.61% |
| Day 5 | Rs 25 | +17.61% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Exicom Tele-Systems IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Exicom Tele-Systems IPO - FAQs
What was the listing gain of Exicom Tele-Systems IPO?
Exicom Tele-Systems IPO listed at +42.7% versus the upper issue price of Rs 142 on 05 March 2024.
How many times was Exicom Tele-Systems IPO subscribed?
Exicom Tele-Systems IPO was subscribed 129.54x overall. QIB portion was subscribed 121.80x, HNI / NII 153.22x and Retail 119.59x.
What was the IPO GMP for Exicom Tele-Systems?
IPO GMP started at Rs 15 on Day 1 and moved to Rs 25 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.