Exicom Tele-Systems IPO: The subscription for the initial public offering (IPO) of Exicom Tele-Systems Limited closed on February 29, 2024, i.e. on Thursday. Investors are now eagerly awaiting the expected share allocation announcement soon. Under the T+3 listing rule, the allotment date for Exicom's IPO is most likely today or March 4, 2024, i.e. Monday next week. Those who have applied for the public issue are advised to check the Exicom IPO allotment status online by logging on to the BSE website or the official registrar of the public issue website. The official registrar of the Exicom IPO is Link Intime Private Limited. Meanwhile, the gray market is showing extremely positive sentiment towards Exicom's IPO following the strong subscription status for Exicom's IPO. According to stock market observers, Exicom's IPO today is at GMP (grey market premium). ₹157, which is more than 110 percent of the Exicom IPO price range of ₹135 tonnes ₹142 per share.
Exicom IPO GMP today
As mentioned above, Exicom IPO is GMP today ₹157, that is ₹7 higher than Friday GMP of ₹150. Market observers said that today's rise in Exicom IPO GMP was due to strong response from primary market investors and strong trend reversal in the Indian stock market. They said the bullish trend in the Indian stock market is expected to continue as global market sentiment looks optimistic amid talk of interest rate cuts by the US Federal Reserve.
Checking the allotment status of Exicom IPO
Once the share allotment is announced, an applicant need not move from pillar to publication as he can check his Exicom IPO allotment status online by logging in through the BSE link or on the Exicom IPO registrar website. The official registrar of the Exicom IPO is Link Intime Private Limited. However, for more convenience, a bidder can register through the direct BSE link – bseindia.com/investors/appli_check.aspx or through the direct link-in-time portal – linkintime.co.in/initial_offer/public-issues.html and Exicom's IPO check quota status online.
Exicom IPO Allotment Status Check on BSE
1]Register via BSE direct link – bseindia.com/investors/appli_check.aspx;
2]Select Exicom Tele-Systems Limited IPO;
3]Enter Exicom Tele-Systems Lmited IPO application number.
4]Enter your PAN details;
5]Click on “I am not a robot”; And
6]Click on the “Send” button.
Your Exicom IPO allotment status will be available on the computer monitor or smartphone screen.
Exicom IPO Allotment Status Check Linkintime
1]Subscribe using the direct link Intime web link – linkintime.co.in/initial_offer/public-issues.html;
2]Select Exicom Tele-Systems Limited IPO;
3]Enter your PAN details; And
4]Click on the “Search” option.
Your Exicom IPO allotment status will soon be available on the computer monitor or smartphone screen.
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