Exicom Tele Systems IPO opens today

The initial public offering (IPO) of Exicom Tele-Systems Limited has hit the Indian primary market today. The public issue will remain open till 29th February 2024.

The EV charging solution company has fixed the Exicom Tele Systems IPO price band at ₹135 to ₹142 per equity share.

The company aims to raise ₹429 crore from this public offer out of which ₹329 crore is aimed through the issuance of fresh shares.

Before the issue opening, Exicom Tele-Systems IPO raises ₹178.05 crore from anchor investors.

According to the stock market observers, shares of the EV charging solution company are available at a premium of ₹129 in the grey market today.

Shares of the EV charging company are available at a premium of ₹129 in the grey market today, say market observers.

The EV Charging company has fixed price band of the public issue at ₹135 to ₹142 per equity share.

The company aims to raise ₹429 crore from its initial offer out of which ₹329 crore is aimed through the issuance of fresh shares.

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