Incorporated in 1994, Exicom Tele-Systems Limited specializes in power systems, electric vehicle (EV) charging, and other related solutions. The company operates under two business verticals.
As of March 31, 2023, the company is among the first to enter India’s EV charger manufacturing segment. The company operates in the EV Charger business, which offers both slow charging solutions (primarily AC chargers for residential use) and fast charging solutions (DC chargers for business and public charging networks in cities and highways). The customer base includes established automotive OEMs (for passenger cars and EV buses), charge point operators (CPOs), and fleet aggregators.
By September 30, 2023, the company had installed more than 61,000 EV chargers across 400 locations in India. As of September 30, 2023, the company has deployed 470,810 Li-ion Batteries for application in the telecommunications sector, equivalent to a storage capacity of over 2.10 GWH.
The company’s manufacturing facility complies with ISO 14001:2015, ISO 45001:2018, and ISO 9001:2015.
As of September 2023, the company has supplied its EV Chargers to over 70 customers, including 15 automotive OEMs, 32 national and regional CPOs and four fleet aggregators.
As of September 30, 2023, the company employs 1,190 employees in India, of which 443 are contractual, 732 employees are technically qualified – 438 with diplomas and 294 with engineering degrees. The company also has 50 employees at its subsidiaries.
Exicom Tele-Systems Limited’s revenue decreased by -14.79% and profit after tax (PAT) rose by 24.07% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 629.41 | 705.09 | 602.99 | 678.46 |
| Revenue | 467.21 | 723.40 | 848.96 | 524.36 |
| Profit After Tax | 27.46 | 6.37 | 5.14 | 3.45 |
| Net Worth | 311.40 | 232.00 | 221.57 | 213.44 |
| Reserves and Surplus | 204.95 | 213.61 | 207.39 | 201.55 |
| Total Borrowing | 72.84 | 117.92 | 107.67 | 101.76 |
| Amount in ₹ Crore | ||||
The company proposes to utilize the Net Proceeds towards funding the following objects:
Exicom Tele-Systems IPO opens on February 27, 2024, and closes on February 29, 2024.
| IPO Open Date | Tuesday, February 27, 2024 |
| IPO Close Date | Thursday, February 29, 2024 |
| Basis of Allotment | Friday, March 1, 2024 |
| Initiation of Refunds | Monday, March 4, 2024 |
| Credit of Shares to Demat | Monday, March 4, 2024 |
| Listing Date | Tuesday, March 5, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 29, 2024 |
As per our analysis and Based on the information we have, this is the output.
Allah knows best.
If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
The IPO dashboard offers insights on the Latest Current & Upcoming IPOs in BSE & NSE. It also evaluates IPOs for Shariah compliance, ensuring alignment with Islamic principles for ethical investment choices.
Last Updated on December 10, 2024 International Gemmological Institute IPO Incorporated in February 1999, International Gemmological Institute (India) Limited is a globally recognized organization certifying and grading diamonds, gemstones, and
Last Updated on December 10, 2024 Yash Highvoltage Limited IPO Incorporated in June 2002, Yash Highvoltage Limited specializes in the manufacturing and distributing a wide range of transformer bushings. The
Last Updated on December 10, 2024 Inventurus Knowledge Solutions IPO Incorporated in 2006, Inventurus Knowledge Solutions Limited (IKS Health) provides services to healthcare enterprises such as handling administrative chores/work. The company helps
Copyright © 2023 - Halalstock.in
You can contribute as little as
100, 200, 500 & so…
every bit counts.
