Exicom Tele-Systems IPO allotment – How to check allotment, GMP, listing date and more

• Exicom Tele-Systems is expected to announce its share allotment status on Friday, March 1.
• The shares of Exicom Tele-Systems were subscribed 128.89 times.
• The shares are expected to be listed on the stock exchanges on March 5.

Gurgaon-based Exicom Tele-Systems Limited, which specialises in electric vehicle charging solutions, power systems and more is expected to announce the allotment status of its initial public offering (IPO) on Friday, March 1.

The Exicom Tele-Systems IPO opened on February 27 and closed on February 29. The price band for the IPO was ₹135 to ₹142 per share.

Robust subscription

On the last day, the Exicom Tele-Systems IPO was subscribed 128.89 times, receiving bids for 234.88 crore equity shares against 1.82 crore shares on offer.

While the qualified institutional buyer portion was subscribed 121.80 times, the non-institutional investors portion was subscribed 152.84 times. The retail portion also witnessed excellent participation and was subscribed 116.35 times.

Grey market premium

The shares of Exicom Tele-Systems are currently commanding a grey market premium (GMP) of ₹170 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Exicom Tele-Systems IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘Exicom Tele-Systems’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on submit.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Exicom Tele-Systems IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Exicom Tele-Systems’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Exicom Tele-Systems IPO listing date

The shares of Exicom Tele-Systems will be listed on the stock exchanges on March 5.

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