The IPO, valued at ₹650 Crore, will be a pure offer-for-sale (OFS).
The Indian government, holding a 31% stake, intends to sell its shares in Vodafone Idea at an opportune moment, but not immediately
The Exicom Tele-Systems IPO commenced on February 27 and concluded on February 29, with a price band of ₹135 to ₹142 per share.
Price band for the IPO is set at ₹135 to ₹142 per share
Exicom Tele-Systems intends to utilize ₹145.77 Crore to establish assembly lines at a facility in Telangana.
Within hours of its public subscription opening on February 27, Exicom Tele-Systems' initial public offering (IPO) was fully subscribed.
The management has been given permission by the VIL board to select bankers and lawyers to carry out the fundraising.
The management has been given permission by the VIL board to select bankers and lawyers to carry out the fundraising.
Prior to the IPO, the company raised ₹178 Crore from anchor investors.
The IPO is scheduled to open for subscription on February 27 and will close on February 29.
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