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    Asad Shaikh in News

    05 Mar 08:34 AM


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    Exicom Tele-Systems share price makes a bumper debut, stock opens with 86.62% premium at ₹265 on NSE

    Exicom Tele-Systems share price made a stellar debut on the bourses today. On NSE, Exicom Tele-Systems share price opened at ₹265 per share, 86.62% higher than the issue price of ₹142. On BSE, Exicom Tele-Systems share price today opened at ₹264 apiece, up 85.92% than the issue price.

    Experts anticipated Exicom Tele-Systems share price to list in the range of ₹282 to ₹299 range.
    Exicom Tele-Systems received strong demand from investors across categories and the issue was heavily oversubscribed. Exicom Tele-Systems IPO was subscribed 129.54 times on the last day. The IPO was subscribed 119.59 times in the retail category and 153.22 times in the Non-Institutional Investors’ (NII) category. The Qualified Institutional Buyers’ (QIB) portion was booked 121.80 times.

    Source - MInt