Exicom Tele-Systems IPO is a book built issue. The issue comprises of fresh issue of Rs 400.00 crore and offer for sale of 0.74 crore shares.
Exicom Tele-Systems IPO dates are yet to be announced.
IPO price bands are yet to be announced.
Monarch Networth Capital Ltd, Unistone Capital Pvt Ltd and Systematix Corporate Services Limited are the book running lead managers of the IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to IPO DRHP for detailed information.
About Exicom Tele-Systems Limited
Incorporated in 1994, Exicom Tele-Systems Limited specializes in power systems, electric vehicle (EV) charging, and other related solutions. The company operates under two business vericals.
- Power Systems: Exicom provides uninterrupted power solutions for digital communication networks.
- EV Charging Solutions: Exicom has deployed over 6,000 AC and DC chargers in India and Southeast Asia. Their EV charging solutions are designed to withstand harsh environmental and electrical conditions.
As of March 31, 2023, the company is one of the first to enter the EV charger manufacturing segment in India. The company operates in the EV Charger business, which offers both slow charging solutions (primarily AC chargers for residential use) and fast charging solutions (DC chargers for business and public charging networks in cities and highways). The customer base includes established automotive OEMs (for passenger cars and EV buses), charge point operators (CPOs), and fleet aggregators.
By March 31, 2023, the company had installed more than 35,000 EV chargers across 400 locations in India.
The company’s manufacturing facility is compliant with ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015.
The company’s revenue from operations increased from ₹ 5,129.05 million in FY’21 to ₹ 7,079.30 million in FY’23, representing a CAGR of 17.48%.
As of September 2023, the company has supplied its EV Chargers to over 70 customers, including 15 automotive OEMs, 32 national and regional CPOs and four fleet aggregators.
As of August 31, 2023, the company employs 1,124 employees in India, of which 421 are contractual. 705 employees are technically qualified – 431 with diplomas and 274 with engineering degrees. The company also has 43 employees at its subsidiaries.
Exicom Tele-Systems IPO Details
| IPO Date | to |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | [.] shares (aggregating up to ₹[.] Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹400.00 Cr) |
| Offer for Sale | 7,400,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 92,396,244 |
Exicom Tele-Systems IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Exicom Tele-Systems IPO Promoter Holding
The promoters of the Company, being the corporate Promoter, NextWave Communications Private Limited and the individual Promoter, Anant Nahata
| Share Holding Pre Issue | 98.60% |
| Share Holding Post Issue |
Exicom Tele-Systems Limited Financial Information (Restated Consolidated)
Exicom Tele-Systems Limited’s revenue decreased by -14.79% and profit after tax (PAT) rose by 24.07% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 705.09 | 602.99 | 678.46 |
| Revenue | 723.40 | 848.96 | 524.36 |
| Profit After Tax | 6.37 | 5.14 | 3.45 |
| Net Worth | 232.00 | 221.57 | 213.44 |
| Reserves and Surplus | 213.61 | 207.40 | 201.55 |
| Total Borrowing | 117.92 | 107.67 | 101.76 |
| Amount in ₹ Crore | |||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 13.38% |
| ROCE | 10.92% |
| Debt/Equity | 0.4 |
| RoNW | 2.75% |
Exicom Tele-Systems Limited Contact Details
8, Electronics Complex,
Chambaghat
Solan 173 213
Phone: +91 124 6615 200
Email: investors@exicom.in
Website: https://www.exicom.in/
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