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.
Today, February 27, marks the launch of Exicom Tele Systems' initial public offering (IPO), which will be available for subscription until this Thursday, February 29.
In India, the newest chipset may persuade 2G customers to migrate to a smartphone-enabled 5G environment, according to a senior Qualcomm executive.
Funds raised by Vodafone Idea are earmarked for launching 5G services and reducing debt, prompting the government to hold off on divesting its stake.
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