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Exicom Tele-Systems

Exicom Tele-Systems is an Indian provider of power management solutions that was founded in 1994. The business is active in two different industry verticals:

Business: Exicom is a pioneer in the field of electric vehicle supply equipment (EV chargers), using cutting-edge technology to provide smart charging systems for public, commercial, and domestic use throughout India.
Vital Power Solutions Enterprise: Exicom, which specializes in the development, production, and maintenance of vital digital infrastructure technologies, guarantees thorough energy management at telecom sites and business settings in India and beyond.

Exicom Tele-Systems is the industry leader in EV charger manufacturing in India as of March 31, 2023. The company, which is in the EV charger sector, offers solutions for both rapid (DC chargers for enterprises and public networks) and slow (AC chargers for residences). Prominent automakers, fleet aggregators, and charging point operators (CPOs) are among the clients.

Exicom Tele-Systems had more than 35,000 EV chargers installed in 400 locations around India by March 31, 2023. In addition, the corporation installed 450,000 Li-ion batteries for telecom, accumulating more than 2.00 GWH of storage. By September of 2023, the company has served over 70 customers with its EV chargers, including four fleet aggregators, 32 national and regional Charge Point Operators (CPOs), and 15 automobile OEMs.

As of August 31, 2023, the company employed 1,124 people in India, 421 of them were contract workers who were not part of its payroll. Of them, 705 workers are technically qualified; 431 of them have diplomas, and 274 have engineering degrees. In addition, 43 people work for the company’s subsidiaries.

Exicom Tele-Systems IPO Details

Signature Global IPO Details
Exicom Tele-Systems IPO Dates
27 – 29 February 2024
Exicom Tele-Systems Issue Price
INR 135 – 142 per share
Fresh issue
INR 329 crore
Offer For Sale
7,042,200 shares (INR 95.07 – 100 crore)
Total IPO Size
INR 424.07 – 429 crore
Minimum bid (size)
100 shares (INR 14,200)
Face Value
INR 10 per share
Retail Allocation
10%
Listing On
BSE, NSE

Exicom Tele-Systems Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

H1 FY 24

Revenue

512.91

842.81

707.93

455.04

Expenses

511.54

809.19

690.96

431.30

Net income

3.45

5.14

6.37

2.75

Margin (%)

0.67

0.61

0.90

0.60

Figures in INR Crore unless specified otherwise

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