Exicom Tele-Systems

Exicom Tele-Systems IPO Buzz: All You Need to Know

Want to make smart investment decisions? Get the inside scoop on the Exicom Tele-Systems IPO here!

Excited about the Exicom Tele-Systems IPO frenzy? The company aims to raise a whopping ₹429 crore, with a significant portion directed towards fresh shares issuance. Analysts are buzzing with recommendations for medium to long-term gains, urging investors to jump on board. With a fresh issue of 2.32 crore shares and divestment of 0.7 crore shares by promoters, the IPO promises lucrative opportunities.

Scheduled to open on February 27 and close on February 29, the Exicom Tele-Systems IPO is creating a stir in the market. From anchor investors pouring in Rs 178 crore to a premium of ₹129 per share in the grey market, the anticipation is palpable. As the IPO subscription status heats up, investors are advised to keep a keen eye on QIB, NII, and Retail numbers for a well-informed decision.

In a parallel IPO scenario, Platinum Industries is also making waves, aiming to mobilize ₹235 crore. The competition is fierce, with both offerings closing on the same day. Stay tuned for the IPO finale showdown as investors weigh their options for a potentially profitable outcome.

As the IPO race intensifies, the market is abuzz with excitement over the Exicom Tele-Systems and Platinum Industries public offerings. With substantial amounts raised from anchor investors and significant shares up for grabs, investors are on the edge of their seats. The IPO subscription period holds the key to unlocking the door to potential investment opportunities, making it a thrilling time for traders and analysts alike.

Did you know that Exicom Tele-Systems has been in the industry since 1994, specializing in power systems, electric vehicle charging, and related solutions? With a rich history and expertise in cutting-edge technologies, the company stands poised for growth in the evolving market landscape. Additionally, the recommendation by Globe Capital to subscribe to the Exicom Tele-Systems IPO for long-term rewards highlights the potential for investors to tap into future growth prospects.