Today, on Friday, March 1st, the allotment for the Exicom Tele-Systems IPO will be concluded. Investors who applied for the issue can verify their Exicom Tele-Systems IPO allotment status via the registrar portal, Link Intime India Private Ltd. The IPO subscription, which opened on February 27 and closed on February 29, garnered tremendous interest, reaching 129.54 times subscription by day 3, with the retail portion being oversubscribed by 119.59 times.
Investors can check the status of their application and the number of shares allotted through the basis of allotment. Refunds will be initiated for applicants not allotted shares, starting on Monday, March 4th. Those who receive allotment will see the shares credited to their demat accounts on the same day. The listing of Exicom Tele-Systems IPO is slated for Tuesday, March 5th.
To check the Exicom Tele-Systems IPO status, investors can follow these steps:
- Visit the website of the IPO registrar, Link Intime India Private Ltd.
- Select Exicom Tele-Systems IPO from the drop-down menu.
- Choose between Application No, Demat Account, or PAN to check status.
- Specify the application type as ASBA or non-ASBA.
- Enter the required information and complete the captcha.
- Click submit to view the status.
Additionally, investors can check the IPO allotment status on the official websites of BSE and NSE by following the provided steps.
Exicom Tele-Systems IPO Grey Market Premium (GMP) today stands at +151, indicating a premium of ₹151 in the grey market. Based on this, the expected listing price is estimated at ₹293 per share, reflecting a 106.34% increase from the IPO price of ₹142.
The ‘grey market premium’ serves as an indication of investors’ willingness to pay more than the issue price for the shares.
