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EV Charger Maker Exicom Tele-Systems' CEO Anant Nahata On IPO

EV Charger Maker Exicom Tele-Systems' CEO Anant Nahata On IPO

Siddharth Zarabi
Siddharth Zarabi
  • New Delhi ,
  • Feb 22, 2024,
  • Updated Feb 22, 2024, 5:58 PM IST

 

EV charger manufacturer Exicom Tele-Systems' IPO will open for subscription on February 27 and close on February 29. Exicom Tele-Systems IPO is a book built issue of Rs 429.00 crores. The issue is a combination of fresh issue of 2.32 crore shares aggregating to Rs 329.00 crores and offer for sale of 0.7 crore shares aggregating to Rs 100.00 crores. Allotment for IPO is expected to be finalized on Friday, March 1st. Exicom Tele-Systems IPO will list on NSE, BSE with tentative listing date fixed as March 5th. IPO price band is set at ₹135 to ₹142 per share. Minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹14,200. Minimum lot size investment for sNII is 15 lots (1,500 shares), amounting to ₹213,000, and for bNII, it is 71 lots (7,100 shares), amounting to ₹1,008,200.Watch Exclusive Chat With Anant Nahata, MD & CEO, Exicom Tele Systems On IPO.

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