Exicom Tele-Systems IPO Listing LIVE Updates: Bumper listing! Shares list at premium of 86% - Buy, Sell or Hold?
Exicom Tele-Systems IPO Listing LIVE, Exicom Tele-Systems Share Price NSE, BSE: Check Zee Business Managing Editor Anil Singhvis view on the Rs 429 crore initial share sale.
Exicom Tele-Systems IPO Listing LIVE, Exicom Tele-Systems Share Price NSE, BSE: The shares of Exicom Tele-Systems Ltd made a strong debut on Dalal Street and got listed at Rs 265 per share, 86.62 per cent higher than the issue price of Rs 142 on the NSE. Meanwhile, shares got listed at Rs 264 on the BSE, a premium of 85.92 per cent.
Earlier, the Initial Public Offering (IPO) of EV charger maker Exicom Tele-Systems Ltd got subscribed a whopping 129.52 times on the last day of subscription on Thursday.
Follow Zee Business' LIVE Blog for all the latest updates on Exicom Tele-Systems Shares Listing on NSE, BSE:
Latest Updates
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: Price settles at over 86% premium to issue price in pre-open market
In the pre-opening session, Exicom Tele-Systems shares settled at Rs 265 on the NSE, a premium of 86.62 per cent to the issue price of Rs 142.
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: Price settles at over 85% premium to issue price in pre-open market
In the pre-opening session, Exicom Tele-Systems shares settled at Rs 264 on the BSE, a premium of 85.92 per cent to the issue price of Rs 142.
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: Seven funds that participated in the anchor round
The seven funds that participated in the anchor round are -- Baring Private Equity India AIF 2, Elara India Opportunities Fund, Saint Capital Fund, Antara India Evergreen Fund Ltd, NAV Capital VCC - NAV Capital Emerging Star Fund, Astorne Capital VCC Arven, Leading Light Fund VCC - The Triumph Fund.
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: Garnered Rs 178 crore from anchor investors
Exicom Tele-Systems garnered Rs 178 crore from anchor investors.
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: What does the company do?
Exicom Tele-Systems is a power management solutions provider and operates under two business verticals -- EV (Electrical Vehicle) charger solutions business and power solutions business.
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: Buy, Sell or Hold - Check Anil Singhvi's view
According to Zee Business Managing Editor Anil Singhvi, investors who have got shares can hold them.
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: Anil Singhvi's view on listing
According to Zee Business Managing Editor Anil Singhvi, the shares will on premium. He said the listing is expected to be at around Rs 300.
The price range of the IPO was Rs 135-142 apiece.
Exicom Tele-Systems IPO Listing LIVE Updates, Exicom Tele-Systems Share Price NSE, BSE: Fresh issue of Rs 329 crore
It had a fresh issue of equity shares aggregating up to Rs 329 crore and an Offer For Sale (OFS) component of up to 70.42 lakh equity shares worth Rs 100 crore, at the upper end of the price band, by promoter NextWave Communications.
Exicom Tele-Systems IPO Listing LIVE Updates: Received bids for 2,36,03,94,900 shares
The Rs 429 crore-initial share sale received bids for 2,36,03,94,900 shares against 1,82,23,540 shares on offer, as per NSE data.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.