The Offering:
Exicom Tele-Systems Limited’s IPO is set to open on February 27, 2024, with an IPO size of approximately ₹429 Crores. This includes a fresh issue of ₹329 Crores and an offer for sale of approximately 70,42,200 shares. The company aims to utilize the proceeds to fuel its growth initiatives and further expand its presence in the rapidly evolving markets of power systems and EV charging solutions.
Financial Performance:
Despite market fluctuations, Exicom has showcased consistent revenue growth over the years. Its financial performance reflects stability and a commitment to profitability. With a Return on Equity (ROE) of 3.10% and Return on Capital Employed (ROCE) of 14.6%, Exicom demonstrates efficiency in generating returns for its shareholders. This solid financial foundation positions the company for sustainable growth in the years to come.
Driving the EV Revolution:
One of Exicom’s standout ventures is its foray into EV charging solutions. With over 6,000 AC and DC chargers deployed across India and Southeast Asia, Exicom is at the forefront of driving the adoption of electric vehicles. These chargers, designed to withstand tough environmental conditions, cater to both residential and commercial needs, signaling Exicom’s commitment to fostering a greener and more sustainable transportation ecosystem.
Commitment to Quality and Compliance:
Exicom’s dedication to quality is underscored by its ISO certifications, including ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015. These certifications validate the company’s adherence to international standards and its relentless pursuit of excellence in product quality and manufacturing processes.
Conclusion:
Exicom Tele-Systems Limited IPO presents investors with a unique opportunity to invest in a company poised for significant growth and innovation. With a proven track record, innovative technology solutions, and a vision for a sustainable future, Exicom is well-positioned to capitalize on emerging market trends and drive positive change in the realms of connectivity and clean mobility. As the world embraces the transition towards cleaner energy and transportation, Exicom stands as a beacon of progress, offering investors a chance to be part of a transformative journey towards a brighter, more sustainable tomorrow.