Exicom Tele-Systems plans to launch its IPO on February 27, aiming to raise Rs 329 crore for production lines, R&D, product development, and debt repayment.
EV charger maker Exicom Tele-Systems is set to launch its IPO on February 27, aiming to raise Rs 329 crore via fresh issue. The public issue includes a fresh issue of equity shares up to Rs 329 crore and an Offer For Sale component by promoter NextWave Communications. Proceeds will be used for setting up production lines, R&D, and product development, and debt repayment.
February 21, 2024
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