Exicom Tele Systems IPO: A Fundamental Analysis and Investment Opportunity

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Exicom Tele Systems IPO

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:

    • 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:

    • Equity steadily increased from ₹2,134.42 million in 2021 to ₹2,319.99 million in 2023, indicating a robust shareholder base1. 

      Profitability:

    • Net profit consistently improved, rising from ₹34.50 million in 2021 to ₹63.72 million in 20231. 

      Return on Net Worth (RoNW):

    • RoNW reached 13.38% in 2023, reflecting the efficient utilisation of equity for generating profits. 

      Earnings Per Share (EPS):

    • 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.

 

READ MORE: SBI Life Share Price Reaches New High: What’s Fueling the Surge?

 

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.

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