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Issue Open Date
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27-Feb-24
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Issue Closing Date
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29-Feb-24
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Application Money
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100
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Allotment Money
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Price Band
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135
-
142
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Minimium Application No.
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100
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Issue Size (Shares)
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30211200
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Market Lot
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1
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Objective
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1. Part-financing the cost towards setting up of production/assembly lines at the planned manufacturing facility in Telangana;2. Repayment/pre-payment, in part or full of certain borrowings of our Company;3. Part-funding incremental working capital requirements;4. Investment in R&D and product development; and5. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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4711800
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721954100
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153.222568869646
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Qualified Institutional Buyers
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10370540
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1263150400
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121.801796242047
|
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Retail Individual Investors
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3141200
|
375659800
|
119.591175347001
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|
|
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Business Description
Incorporated in 1994, we are an India headquartered power management solutions provider, operating under twobusiness verticals, (i) our electric vehicle supply equipment (“EV Charger(s)”) solutions business, wherein weprovide smart charging systems with innovative technology for residential, business, and public charging use inIndia (“EV Charger Business”); and (ii) our critical power solutions business, wherein we design, manufactureand service critical digital infrastructure technology to deliver overall energy management at telecommunicationssites and enterprise environments in India and overseas (“Critical Power Business”). We were amongst the firstentrants in the EV Chargers manufacturing segment in India and as of March 31, 2023, we are amongst the marketleaders, with a market share of 60% and 25% in the residential and public charging segments, respectively (Source:CRISIL Report). Furthermore, in our Critical Power Business, we occupy a market share of 16% in the DC PowerSystems market and are recognized as a leading player in the market for Li-ion Batteries for application in thetelecommunications sector, having a market share of approximately 10% as of March 31, 2023 (Source: CRISILReport).
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Promoter's Holding
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Total Share Capital
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91100208
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Offered to Public
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30211214
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Promoter's Holding (Pre-Issue)
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93.28
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Promoter's Holding (Post-Issue)
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69.57
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Address |
8 Electronics Complex
Chambaghat
Solan Dist,
Himachal Pradesh,
173213
Phone : 124 6615200
Email : investors@exicom.in
Website : www.exicom.in
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
L B S Marg
Vikhroli (West)
Mumbai
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Listed at |
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BSE, NSE
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Lead Manager |
Monarch Networth Capital Ltd.
Systematix Corporate Services Ltd.
Unistone Capital Pvt Ltd.
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Promoters |
Anant Nahata
NextWave Communications Pvt Ltd
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