Today, they’ll decide who gets shares in the Exicom Tele-Systems IPO. Wondering about the latest GMP or how to check if you got allotted shares?

Today, they'll decide who gets shares in the Exicom Tele-Systems IPO. Wondering about the latest GMP or how to check if you got allotted shares

👇👇👇Change Language

Exicom Tele-Systems IPO allotment finished on March 1. Investors can check their status on the Link Intime India Private Ltd portal. The subscription rate was really high at 129.54 times, especially for retail investors, which was at 119.59 times. For those who didn’t get any shares, they’ll start getting their money back from March 4. The company’s shares are set to start trading on March 5.

Exicom Tele-Systems IPO: Allotment Finalized, Listing Set for March 5

Today, on March 1, the Exicom Tele-Systems IPO share allotment will be finalized. Investors who applied for the IPO can check their allotment status on the registrar portal, Link Intime India Private Ltd. The IPO opened for subscription on February 27 and closed on February 29. The subscription status on the third day was 129.54 times overall, with the retail portion being subscribed 119.59 times, indicating high demand from individual investors.

Investors can check how many shares they’ve been given in the allotment basis. The number of shares they got will also be in the IPO allotment status. If someone didn’t get any shares, the company will give them their money back. Those who did get shares will see them in their demat accounts. Refunds for those not getting shares start on Monday, March 4, and those who got shares will see them in their demat accounts on Monday too.

Exicom Tele-Systems IPO will be listed on Tuesday, March 5.

If you applied for shares, here’s how you can check the status of your Exicom Tele-Systems IPO application.

Today’s GMP for the Exicom Tele-Systems IPO

Exicom Tele-Systems IPO’s grey market premium (GMP) is +151, meaning its shares are trading for ₹151 more than the IPO price in unofficial markets, according to investorgain.com.

Based on this premium and the top end of the IPO price range, the expected listing price for Exicom Tele-Systems IPO is ₹293 per share, which is 106.34% higher than the IPO price of ₹142.

The term ‘grey market premium’ shows how much investors are willing to pay above the official issue price.

 

Join Us
Facebook
Telegram
whatsapp
Download App glsr.in app for current affairs and test

 

Leave a Reply

Your email address will not be published. Required fields are marked *