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Business News/ Markets / Ipo/  Exicom Tele-Systems allotment status out. What GMP signals ahead of share listing date
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Exicom Tele-Systems allotment status out. What GMP signals ahead of share listing date

Exicom IPO GMP today: Shares of the company are available at a premium of ₹157 in the grey market today, say market observers

Exicom IPO allotment status can be checked either on BSE website or on LInk Intime's website. (Photo: Courtesy company website)Premium
Exicom IPO allotment status can be checked either on BSE website or on LInk Intime's website. (Photo: Courtesy company website)

Exicom Tele-Systems IPO: Exicom IPO allotment status is public now and thhose who have applied for the public issue can check their application status online. Bidders are advised to check Exicom Tele Systems IPO allotment status online by logging at the BSE website or at the website of official registrar of the public issue. The official registrar of the Exicom IPO is Link Intime Private Limited. Meanwhile, after strong Exicom Tele-Systems IPO subscription status, the grey market has gone highly bullish on the Exicom IPO. According to the stock market observers, Exicom IPO GMP (grey market premium) today is 157, which is more than 110 percent of the Exicom IPO price band of 135 to 142 per equity share.

Exicom IPO GMP today

As mentioned above, Exicom IPO GMP today is 157, which is 7 higher from the weekend GMP of 150. Market observers said that rise in the Exicom IPO GMP today can be attributed to strong response given by the primary market investors and strong trend reversal in the Indian stock market. They said that Indian stock market is expected to continue the bull trend as global market mood is looking bullish on US Fed rate cut buzz.

So, Exicom Tele-Systems IPO GMP is signaling that Exicom Tele-Systems IPO listing price would be around 299 ( 142 + 157), which is around 111% higher than the upper price band of the book build issue. In other words, the grey market is expecting more than 110 percent listing gain for the lucky allottees.

In the wake of T+3 listing rule, Exicom Tele-Systems IPO listing date is most likely on 5th March 2024.

Exicom Tele-Systems IPO allotment status check

Once the share allocation is announced, an applicant need not to move from the pillar to post as one can check one's Exicom IPO allotment status online by logging in at the BSE link or at the website of Exicom IPO registrar. The official registrar of the Exicom IPO is Link Intime Private Limited. However, for more convenience, a bidder can log in at direct BSE link — bseindia.com/investors/appli_check.aspx or at direct Link In time portal — linkintime.co.in/initial_offer/public-issues.html and check Exicom IPO allotment status online.

Exicom Tele-Systems allotment status check on BSE

1] Login at direct BSE link — bseindia.com/investors/appli_check.aspx;

2] Select Exicom Tele-Systems Lmited IPO;

3] Enter Exicom Tele-Systems Lmited IPO application number;

4] Enter your PAN details;

5] Click at 'I'm not a robot'; and

6] Click at 'Submit' button.

Your Exicom IPO allotment status will become available on the computer monitor or on the Smartphone screen.

Infographic: Courtesy mintgenie
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Infographic: Courtesy mintgenie

Exicom Tele-Systems IPO allotment status check Linkintime

1] Login at direct Link Intime web link — linkintime.co.in/initial_offer/public-issues.html;

2] Select Exicom Tele-Systems Lmited IPO;

3] Enter your PAN details; and

4] Click at 'Search' option.

Your Exicom Tele-systems IPO allotment status will soon become available on the computer monitor or on the Smartphone screen.

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ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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Published: 02 Mar 2024, 10:25 AM IST
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