Exicom Tele-Systems IPO Subscription Status
Exicom Tele-Systems IPO was subscribed 133.56 times when bidding closed on 29 Feb 2024: QIB 124.82x, NII 159.29x, Retail 124.27x.
The Exicom Tele-Systems IPO has been subscribed 133.56x times overall. Retail investors have shown interest with bids for 124.27x the shares available. The Non-Institutional Investor (NII) category has been subscribed 159.29x. Within NII, Big HNI (B-HNI) subscribed 163.97x and Small HNI (S-HNI) subscribed 149.94x. Qualified Institutional Buyers (QIBs) have subscribed 124.82x. Data last updated on 10 Nov, 06:34 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 27 Feb, 2024 and closes on 29 Feb, 2024. The shares are expected to list on stock exchanges on 05 Mar, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 124.82x |
| NII | - of - - | 159.29x |
bHNI — bid amount above ₹10 Lakh |
- - | 163.97 |
sHNI — bid amount ₹2–10 Lakh |
- - | 149.94 |
| Retail | - of - - | 124.27x |
| TOTAL | - - | 133.56x |
Exicom Tele-Systems IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 125 applicants will be successful.
Market Sentiment
Strong grey market premium of 106% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 124.82x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
29 Feb 2024
Day 3 |
133.56x | ▼ | |
|
QIB124.82x
BHNI163.97x
SHNI149.94x
Retail124.27x
|
|||
|
28 Feb 2024
Day 2 |
27.78x | ▼ | |
|
QIB4.48x
BHNI49.21x
SHNI64.75x
Retail64.79x
|
|||
|
27 Feb 2024
Day 1 |
9.99x | ▼ | |
|
QIB0.73x
BHNI16.7x
SHNI23.66x
Retail27.03x
|
|||
Exicom Tele-Systems IPO dates
From the bidding window to listing. Today is 11 November.
- Open 27 Feb 2024
- Close 29 Feb 2024
- Allotment 01 Mar 2024
- Refund/credit 04 Mar 2024
- Listing 05 Mar 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Exicom Tele-Systems IPO?
As of IPO close date (29 Feb, 2024), the Exicom Tele-Systems IPO is subscribed 133.56x times. Retail category is 124.27x, and NII is 159.29x subscribed.
When is the allotment date for Exicom Tele-Systems IPO?
The allotment for Exicom Tele-Systems IPO is expected to be finalized on 01 March, 2024.
What is the GMP of Exicom Tele-Systems?
The Grey Market Premium (GMP) for Exicom Tele-Systems is currently ₹150, indicating a potential listing gain of 106%.
When will Exicom Tele-Systems IPO list on the stock market?
Exicom Tele-Systems is scheduled to list on BSE and NSE on 05 March, 2024.
What are the chances of getting allotment in Exicom Tele-Systems IPO?
The retail category is oversubscribed at 124.27x, meaning allotment is by lottery. Statistically, approximately 1 in 125 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 124.82x mean for Exicom Tele-Systems IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 124.82x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Exicom Tele-Systems IPO allotment status?
After the allotment date (01 Mar, 2024), you can check your Exicom Tele-Systems IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Exicom Tele-Systems IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
