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Exicom Tele-Systems makes stellar debut on the BSE; list with 85.92% premium
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Exicom Tele-Systems has debuted at Rs 264.00 on the BSE, up by 122.00 points or 85.92% from its issue price of Rs 142.00.
The scrip is currently trading at Rs 244.00, up by 102.00 points or 71.83% from its issue price. It has touched a high and low of Rs 274.45 and Rs 233.30 respectively. So far 11.38 lakh shares were traded on the counter.
The offering, which was open for subscription between February 27, 2024 and February 29, 2024 was subscribed 129.54 times. The issue price was fixed at Rs 142 per share i.e. at upper end of price band of Rs 135-142 apiece.
Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.
