Exicom Tele Systems IPO opens today
The three-day subscription window will close on Feb 29; public issue is available at a price band of Rs135-142 per share
image for illustrative purpose
New Delhi:Exicom Tele Systems IPO GMP latest price: According to several websites that track grey market activities, Exicom Tele Systems shares are trading at a premium of Rs130 apiece in the grey market over the upper band. Exicom Tele Systems IPO is scheduled to open for the public subscription on Tuesday, February 27, 2024. The three-day subscription window will close on Thursday, February 29, 2024. The public issue is available at a price band of Rs135-142 per share.
According to several websites that track grey market activities, Exicom Tele Systems shares are trading at a premium of Rs130 apiece in the grey market over the upper band. This translates into a GMP of 91 per cent premium. The IPO comprises of fresh issue of 2.32 crore shares aggregating up to Rs329 crore and offer for sale with promoters offloading 0.7 crore shares aggregating to Rs100 crores. Investors can bid for a minimum of 100 shares and in multiples thereof.
