Exicom Tele-Systems IPO: Subscription for Exicom Tele-Systems Limited’s initial public offering (IPO) concluded on February 29, 2024, Thursday. Now, investors await the announcement of share allocation, expected imminently. Following the T+3 listing rule, the Exicom IPO allotment date is likely to be today or March 4, 2024, Monday. Investors who participated in the public issue are advised to check the Exicom IPO allotment status online through the BSE website or the official registrar’s website, Link Intime Private Limited.
The grey market has shown strong bullish sentiment towards the Exicom IPO, with the grey market premium (GMP) today standing at ₹157, surpassing 110 percent of the IPO price band of ₹135 to ₹142 per equity share.
Exicom IPO GMP Today:
Today’s Exicom IPO GMP is ₹157, marking a ₹7 increase from Friday’s GMP of ₹150. Market observers attribute this rise to the robust response from primary market investors and a positive trend reversal in the Indian stock market. With the global market showing bullish sentiment amid speculations of a US Fed rate cut, the Indian stock market is expected to continue its upward trend.
Exicom IPO Allotment Status Check:
Once share allocation is announced, applicants can conveniently check their Exicom IPO allotment status online by visiting the BSE link or the website of Exicom IPO’s registrar, Link Intime Private Limited. For easier access, bidders can directly log in to the BSE link bseindia.com/investors/appli_check.aspx or the Link Intime portal linkintime.co.in/initial_offer/public-issues.html to check their Exicom IPO allotment status online.
