{"id":3727,"date":"2024-03-02T08:28:43","date_gmt":"2024-03-02T08:28:43","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=3727"},"modified":"2025-02-21T07:55:41","modified_gmt":"2025-02-21T07:55:41","slug":"exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/","title":{"rendered":"Exicom Tele-Systems IPO: Business Model, KPIs, SWOT Analysis, and FAQs"},"content":{"rendered":"\n<p>A pioneer in the EV charging space is leaping forward with its IPO. This marks a pivotal moment for the company and India&#8217;s existing and evolving EV landscape.<\/p>\n\n\n\n<p>Today\u2019s blog will explore Exicom\u2019s journey toward clean and sustainable transportation.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#Exicom_Tele-Systems_IPO_Company_Overview\" title=\"Exicom Tele-Systems IPO Company Overview\">Exicom Tele-Systems IPO Company Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#Exicom_Tele-Systems_IPO_Business_Model\" title=\"Exicom Tele-Systems IPO Business Model\">Exicom Tele-Systems IPO Business Model<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#IPO_Details\" title=\"IPO Details\">IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#Objective_of_the_Issue\" title=\"Objective of the Issue&nbsp;\">Objective of the Issue&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#Financial_Summary_KPIs\" title=\"Financial Summary &amp; KPIs\">Financial Summary &amp; KPIs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#Key_Performance_Indicators_KPIs\" title=\"Key Performance Indicators (KPIs)\">Key Performance Indicators (KPIs)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-exicom-tele-systems-ipo-company-overview\"><span class=\"ez-toc-section\" id=\"Exicom_Tele-Systems_IPO_Company_Overview\"><\/span>Exicom Tele-Systems IPO Company Overview<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Exicom was founded in 1994 as Himachal Exicom Communications Limited for manufacturing DC Power Systems, and since then, it has carved out a niche for itself in the Indian market.<\/p>\n\n\n\n<p>Exicom Tele-Systems Limited is a company based in India that provides solutions for powering digital communication infrastructure. The company is headquartered in Gurgaon, India and has a presence in over 50 countries. They are a leading provider of power solutions for the telecom industry.<\/p>\n\n\n\n<p>The company faces tough competition from Amaraja Raja Batteries, Exide Industries, HBL Power Systems, Coslight India, and many others.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-exicom-tele-systems-ipo-business-model\"><span class=\"ez-toc-section\" id=\"Exicom_Tele-Systems_IPO_Business_Model\"><\/span>Exicom Tele-Systems IPO Business Model<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Exicom Tele-systems functions under two business verticals<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-electric-vehicle-charger-business-nbsp\">Electric Vehicle Charger Business&nbsp;<\/h3>\n\n\n\n<p>In this segment, the company offers smart charging systems with innovative technology in India for residential, business and public charging use.<\/p>\n\n\n\n<p>The EV Charger Business started in 2019 and provides slow, fast, and Automatic Original Equipment Manufacturer (OEM) solutions. All these products fulfil the Indian certification requirements and global standards.<\/p>\n\n\n\n<p>Additionally, the company aims to accelerate India\u2019s transition to electric mobility by designing and building EV chargers for homes and businesses and laying the groundwork for widespread EV ownership.<\/p>\n\n\n\n<p>The customers of EV Charger Business include Reliance BP Mobility Limited and Fortum Charge &amp; Drive India Private Limited, fleet aggregators such as BluSmart Mobility and Lithium Urban Technologies, and established automotive OEMs like Mahindra &amp; Mahindra Limited, MG Motors Limited, and JBM Limited.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Electric-car-amico.png\" alt=\"EV (Electric Vehicle) Charger\" class=\"wp-image-3732\" style=\"object-fit:cover;width:366px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Electric-car-amico-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Electric-car-amico-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Electric-car-amico-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Electric-car-amico-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Electric-car-amico-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Electric-car-amico.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-did-you-know\"><em>Did You Know?<\/em><\/h4>\n\n\n\n<p><em>Exicom has deployed over 35,000 EV chargers across 400 locations in India.<\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-critical-power-solutions-business\">Critical Power Solutions Business<\/h3>\n\n\n\n<p>The company designs, manufactures, and services critical digital infrastructure technology in this segment to deliver overall energy management at telecommunications sites and enterprise environments in India and foreign countries. Exicom holds a market share of 16% in the DC Power Systems under Critical Power business and is identified as a leading player in the Li-ion Batteries market.<\/p>\n\n\n\n<p>Furthermore, under this segment, the company offers a diversified portfolio of DC power conversion systems and Li-on-based energy storage solutions to provide backup power during grid interruptions. In this regard, Exicom is deployed in India, Southeast Asia, and Africa. These DC power systems are specially designed and customised according to customers\u2019 preferences for use at telecommunications sites like large offices, renewable hybrid sites, base station sites, and wi-fi sites.<\/p>\n\n\n\n<p>Apart from the business verticals discussed above, Exicom has also established three subsidiaries outside India to capture a share of the global market.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Exicom Tele-Systems Pte. Ltd. in Singapore<\/li>\n\n\n\n<li>Horizon Power Solutions DMCC in U.A.E<\/li>\n\n\n\n<li>Horizon Tele-System SDN BHD in Malaysia<\/li>\n<\/ol>\n\n\n\n<p>The company holds two dedicated research and development centres and three manufacturing facilities in India with a capacity to manufacture 12,000 DC Power Systems, 44,000 AC Chargers and DC fast chargers.<\/p>\n\n\n\n<p>The business is supported by an employee base of 1,124 in India and 43 employees at the company&#8217;s subsidiaries.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-did-you-know-0\"><em>Did you Know?<\/em><\/h4>\n\n\n\n<p><em>Exicom has deployed 450,000 Li-ion batteries for use in the telecommunications sector.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Broadcast-amico.png\" alt=\"Telecom Power Supplier\" class=\"wp-image-3733\" style=\"aspect-ratio:1;object-fit:cover;width:420px;height:auto\" srcset=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Broadcast-amico-1024x1024.png 1024w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Broadcast-amico-300x300.png 300w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Broadcast-amico-150x150.png 150w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Broadcast-amico-768x768.png 768w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Broadcast-amico-1536x1536.png 1536w, https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/Broadcast-amico.png 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-ipo-details\"><span class=\"ez-toc-section\" id=\"IPO_Details\"><\/span>IPO Details<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Exicom Tele-Systems IPO is a book-built issue of INR 429 crores. The issue is a fresh issue of INR 329 crore and an OFS of 100 crore.<\/li>\n\n\n\n<li>The IPO will open for subscription on February 27, 2024, and will close on February 29, 2024.<\/li>\n\n\n\n<li>The allotment date for the IPO is fixed on Friday, March 1, 2024.<\/li>\n\n\n\n<li>The tentative listing date of the company on the stock exchange is Tuesday, March 5, 2024.<\/li>\n\n\n\n<li>The price band for the IPO is fixed at INR 135 to INR 142 per share. The minimum lot size for the application of the IPO is 100 shares.<\/li>\n\n\n\n<li>The minimum amount of investment for retail investors is INR 14,200.<\/li>\n\n\n\n<li>Monarch Networth Capital Limited, Unistone Capital Private Limited, and Systematix Corporate Services Limited are the book-running lead managers.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-objective-of-the-issue-nbsp\"><span class=\"ez-toc-section\" id=\"Objective_of_the_Issue\"><\/span>Objective of the Issue&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Repay\/prepay the borrowings either in part or in full.<\/li>\n\n\n\n<li>Investment in research &amp; development and general corporate purposes.<\/li>\n\n\n\n<li>Partial funding for the needs of working capital.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><tbody><tr><td><strong>IPO Date<\/strong><\/td><td>February 27, 2024 to February 29, 2024<\/td><\/tr><tr><td><strong>Price Band<\/strong><\/td><td>INR 135 to INR 142 per share<\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td>100 Shares<\/td><\/tr><tr><td><strong>Fresh Issue<\/strong><\/td><td>23,169,014 shares<\/td><\/tr><tr><td><strong>OFS<\/strong><\/td><td>7,042,200 shares&nbsp;<\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td><strong>IPO Type<\/strong><\/td><td>Main-Board IPO<\/td><\/tr><tr><td><strong>Allotment Date<\/strong><\/td><td>Friday, March 1, 2024<\/td><\/tr><tr><td><strong>Initiation of Refunds<\/strong><\/td><td>Monday, March 4, 2024<\/td><\/tr><tr><td><strong>Listing Date<\/strong><\/td><td>Tuesday, March 5, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-financial-summary-amp-kpis\"><span class=\"ez-toc-section\" id=\"Financial_Summary_KPIs\"><\/span>Financial Summary &amp; KPIs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-financial-statement-highlights-of-the-company-y-o-y-basis\">Financial statement highlights of the company (Y-o-Y basis)<\/h3>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">Particulars<\/th><th class=\"has-text-align-center\" data-align=\"center\">FY 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">FY 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">FY 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Revenue From Operations<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">707.9<\/td><td class=\"has-text-align-center\" data-align=\"center\">842.8<\/td><td class=\"has-text-align-center\" data-align=\"center\">512.9<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Expenses<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">690.9<\/td><td class=\"has-text-align-center\" data-align=\"center\">809.2<\/td><td class=\"has-text-align-center\" data-align=\"center\">511.5<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Net Profit<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">6.4<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.1<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.4<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Borrowings<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">117.9<\/td><td class=\"has-text-align-center\" data-align=\"center\">107.7<\/td><td class=\"has-text-align-center\" data-align=\"center\">101.7<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Current Assets<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">574.5<\/td><td class=\"has-text-align-center\" data-align=\"center\">433.2<\/td><td class=\"has-text-align-center\" data-align=\"center\">528.1<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Total Current Liabilities<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">369.1<\/td><td class=\"has-text-align-center\" data-align=\"center\">277.4<\/td><td class=\"has-text-align-center\" data-align=\"center\">368.4<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>EBIT Margin (in %)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">5.1%<\/td><td class=\"has-text-align-center\" data-align=\"center\">6.2%<\/td><td class=\"has-text-align-center\" data-align=\"center\">3%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Basic EPS (in INR)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">0.69<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.56&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">0.38<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">*(Above-mentioned figures in INR crores, except EPS and EBIT Margin)<\/figcaption><\/figure>\n\n\n\n<p><strong>Read Also:<\/strong> <strong><a href=\"https:\/\/wp-api.pocketful.in\/blog\/enfuse-solutions-limited-ipo-business-model-and-swot-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">Enfuse Solutions Limited: IPO, Business Model, And SWOT Analysis<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-key-performance-indicators-kpis\"><span class=\"ez-toc-section\" id=\"Key_Performance_Indicators_KPIs\"><\/span>Key Performance Indicators (KPIs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">KPIs<\/th><th class=\"has-text-align-center\" data-align=\"center\">FY 2023<\/th><th class=\"has-text-align-center\" data-align=\"center\">FY 2022<\/th><th class=\"has-text-align-center\" data-align=\"center\">FY 2021<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Gross profit (in INR crore)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">175.22<\/td><td class=\"has-text-align-center\" data-align=\"center\">179.11<\/td><td class=\"has-text-align-center\" data-align=\"center\">116.24<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Gross profit margin (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">24.75%<\/td><td class=\"has-text-align-center\" data-align=\"center\">21.25%<\/td><td class=\"has-text-align-center\" data-align=\"center\">22.66%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>EBITDA (in INR crore)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">52.43<\/td><td class=\"has-text-align-center\" data-align=\"center\">67.42<\/td><td class=\"has-text-align-center\" data-align=\"center\">29.51<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>EBITDA Margin (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">7.41%<\/td><td class=\"has-text-align-center\" data-align=\"center\">8.00%<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.75%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>Profit after Tax from continuing operations<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">31.02<\/td><td class=\"has-text-align-center\" data-align=\"center\">30.39<\/td><td class=\"has-text-align-center\" data-align=\"center\">12.67<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>PAT Margin (%)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">4.38%<\/td><td class=\"has-text-align-center\" data-align=\"center\">3.61%<\/td><td class=\"has-text-align-center\" data-align=\"center\">2.47%<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\"><strong>ROCE (in %)<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\">10.92%<\/td><td class=\"has-text-align-center\" data-align=\"center\">17.66%<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.33%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-strengths\">Strengths<\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Exicom is a <strong>market leader<\/strong> <strong>with an early-mover advantage<\/strong> in the Indian EV market, with a market share of 60% and 25% in the residential and public charging domains.<\/li>\n\n\n\n<li>Exicom\u2019s <strong>in-house R&amp;D facilities and manufacturing units <\/strong>allow them to control the entire product development process, ensuring quality, efficiency and customisation capabilities.<\/li>\n\n\n\n<li>With <strong>over two decades of experience<\/strong> in the power solutions sector, Exicom enjoys established relationships with institutional and corporate clients, showcasing their expertise in timely delivering projects.<\/li>\n\n\n\n<li>The company has a <strong>strong track record of financials<\/strong>, and its recent IPO aims to raise capital for further expansion and development, indicating a positive outlook for the company.<\/li>\n\n\n\n<li>As the EV market in India continues to increase, Exicom\u2019s <strong>diverse product portfolio<\/strong> catering to the diverse needs of customers positions them to capitalise on the growing demand.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-weaknesses\">Weaknesses<\/h3>\n\n\n\n<p>Besides its strengths, Exicom Tele-Systems also faces several risks that investors should consider before making investment decisions.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>The Indian EV charging market is rapidly increasing and becoming <strong>increasingly competitive, <\/strong>with established players from the power and automotive industries entering the segment. New startups are also eyeing for market share, thus forcing Exicom to maintain its competitive edge.<\/li>\n\n\n\n<li>The <strong>EV technology is consistently evolving<\/strong> with new standards and functionalities emerging. Exicom needs to continuously invest in R&amp;D to ensure its products remain relevant and competitive in the long run.<\/li>\n\n\n\n<li>The company\u2019s recent <strong>revenue decline and<\/strong> <strong>relatively low-profit margins<\/strong> can be points of concern. However, the company\u2019s ability to manage debt will be crucial for future growth.<\/li>\n\n\n\n<li>The Indian government plays a significant role in shaping the EV Industry through policy decisions and subsidies. <strong>Any substantial regulation change <\/strong>could impact Exicom\u2019s business model and profit margins.<\/li>\n<\/ol>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/\">Apply in IPO Through ASBA- IPO Application Method<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Exicom possesses a firm foundation with an early mover advantage, vertical integration, and domain expertise. In the future, their diversified product portfolio and recent IPO position will help them to capitalise on the growing EV market in India.&nbsp;<\/p>\n\n\n\n<p>Exicom Tele-Systems can be a good option for investors interested in the future of the Indian EV landscape. The company\u2019s ability to mitigate risks and capitalise on its strengths will decide its success in the coming years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What does Exicom Tele-Systems do?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The company provides power solutions and EV charging to a diversified customer base<strong>.<\/strong><\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Exicom witnessed a decline in revenue in FY23; is this a red flag in the IPO?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">The company saw a decline in revenue in FY23;. At the same time, this may seem like a major weakness of the management, the decision to invest should be taken after a thorough analysis of the company.\u00a0<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Why is the company going public?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Exicom is going public to raise funds to expand its business operations and repay the borrowings.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What makes the company special?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Exicom got a head start in the EV race. They design and build their chargers through an in-house manufacturing facility and have a proven track record of being a market leader.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Is Exicom Tele Systems a main-board IPO?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Yes, Exicom Tele-systems IPO is raising INR 429 Crores, thus making it a mainboard IPO.<\/p><\/ul><\/div>","protected":false},"excerpt":{"rendered":"<p>A pioneer in the EV charging space is leaping forward with its IPO. This marks a pivotal moment for the company and India&#8217;s existing and evolving EV landscape. Today\u2019s blog will explore Exicom\u2019s journey toward clean and sustainable transportation. Exicom Tele-Systems IPO Company Overview Exicom was founded in 1994 as Himachal Exicom Communications Limited for [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3734,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"is_paper_insight":false,"paper_insight_image":0,"paper_insight_pdf":0,"paper_insight_ppt":0,"footnotes":""},"categories":[17,15],"tags":[],"class_list":["post-3727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-study","category-investing"],"acf":{"freelancer":"Kavya Mehrotra"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exicom Tele-Systems IPO: Business Model, KPIs, SWOT Analysis, and FAQs - Pocketful<\/title>\n<meta name=\"description\" content=\"Explore the Exicom Tele-Systems IPO and learn its business model, financial highlights, KPIs, strengths, and weaknesses.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exicom Tele-Systems IPO: Business Model, KPIs, SWOT Analysis, and FAQs\" \/>\n<meta property=\"og:description\" content=\"Explore the Exicom Tele-Systems IPO and learn its business model, financial highlights, KPIs, strengths, and weaknesses.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/exicom-tele-systems-ipo-business-model-kpis-swot-analysis-and-faqs\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-02T08:28:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-21T07:55:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wp-api.pocketful.in\/blog\/wp-content\/uploads\/2024\/03\/exicom-banner.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Pranit Mathur\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Pranit Mathur\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Exicom Tele-Systems IPO: Business Model, KPIs, SWOT Analysis, and FAQs - 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