Exicom Tele Systems IPO: Introduction
The Exicom Tele-Systems IPO is generating significant buzz in the financial markets. As an investor, understanding the fundamentals of this offering is crucial. Let’s delve into the details.
Exicom Tele Systems IPO: Company Overview
Exicom Tele-Systems, established in 1994, is an Indian power management solutions provider with two core business verticals:
EV Charging Solutions:
Exicom is a market leader in EV chargers, commanding a 60% share in residential and 25% in public charging.
Critical Power Infrastructure:
The company specialises in vital power solutions for telecommunications and enterprise environments, including DC power systems and Li-ion batteries.
Exicom Tele Systems IPO: Details
- IPO Dates:
}February 27, 2024, to February 29, 2024 - Listing Date:
March 5, 2024 - Issue Type:
Book Built Issue - Price Range:
₹135 to ₹142 per share - Lot Size:
100 shares - Allotment:
Expected to be finalised on March 1, 2024 - Total Issue Size:
₹429.00 crores
Exicom Tele Systems IPO: Fundamental Analysis
Let’s dissect Exicom Tele-Systems’ financial performance:
Revenue Growth:
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- The company’s revenue surged from ₹51,290.05 million in 2021 to ₹70,079.30 million in 2023. Although there was a slight dip in 2022, the overall trend is positive1.
Equity Growth:
- The company’s revenue surged from ₹51,290.05 million in 2021 to ₹70,079.30 million in 2023. Although there was a slight dip in 2022, the overall trend is positive1.
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- Equity steadily increased from ₹2,134.42 million in 2021 to ₹2,319.99 million in 2023, indicating a robust shareholder base1.
Profitability:
- Equity steadily increased from ₹2,134.42 million in 2021 to ₹2,319.99 million in 2023, indicating a robust shareholder base1.
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- Net profit consistently improved, rising from ₹34.50 million in 2021 to ₹63.72 million in 20231.
Return on Net Worth (RoNW):
- Net profit consistently improved, rising from ₹34.50 million in 2021 to ₹63.72 million in 20231.
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- RoNW reached 13.38% in 2023, reflecting the efficient utilisation of equity for generating profits.
Earnings Per Share (EPS):
- RoNW reached 13.38% in 2023, reflecting the efficient utilisation of equity for generating profits.
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- EPS surged from ₹1.38 in 2021 to ₹3.38 in 2023, signalling higher profitability per share1.
Exicom Tele Systems IPO: Investment Thesis
Exicom Tele-Systems is poised to capitalise on the growing EV market and critical power infrastructure needs. As an investor, consider the following factors:
EV Revolution:
With the global shift toward electric vehicles, Exicom’s EV charging solutions are well-positioned for growth.
Telecom Sector Demand:
The demand for critical power infrastructure remains robust due to increasing digital communication needs.
Sustainable Energy Transition:
Exicom contributes to environmental responsibility by electrifying transportation and ensuring energy stability.
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Conclusion
The Exicom Tele-Systems IPO presents an exciting investment opportunity. Evaluate your risk appetite, conduct due diligence, and consider participating in this IPO. Remember, informed decisions lead to profitable outcomes.