Exicom Tele-Systems Listing: Exicom Tele-Systems made investors happy with its explosive entry in the domestic stock market today. Shares of Exicom Tele-Systems are listed on NSE at Rs 265 per share, whereas the price of its shares in IPO was Rs 142. Exicom's shares are directly listed at a premium of 86.62 per cent and this means that investors have got a listing gain of Rs 123 on each share.
At what price was the listing done on BSE?
Shares of Exicom Tele-Systems are listed on BSE at Rs 264 per share, which is showing a listing gain of 85.92 percent over its issue price. The company's issue received a strong response and was subscribed 129.54 times. Out of this, 119.59 times subscription was received in the retail category while 153.22 percent oversubscription was received in the Non-Institutional Investors (NII) category. The QIB (Qualified Institutional Buyers) share was subscribed 121.80 times.
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