Exicom Tele-Systems IPO Day 2: Check latest GMP, subscription status, other details; should you subscribe?
BSE data. The Exicom Tele-Systems IPO was subscribed to 10.02 times on day 1.
The issue was fully booked within an hour of opening on the first day, led by overwhelming demand from retail investors. Exicom Tele-Systems IPO price band has been fixed in the range of ₹135 to ₹142 per equity share of face value of ₹10.
Exicom Tele-Systems IPO lot size is 100 equity shares and in multiples of 100 equity shares thereafter. Exicom Tele-Systems IPO, raised ₹178 crore from the anchor investors on Monday, February 26.
A total of 79,61,300 equity shares were allocated to 5 domestic mutual funds via 9 schemes, out of the 1,25,38,800 equity shares that were allotted to the anchor investors. Exicom Tele-Systems IPO, has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIB), not more than 15% for non-institutional Institutional Investors (NII), and not more than 10% of the offer is reserved for retail investors.
Read more on livemint.com
