Xicom Tele-Systems Limited IPO to open on February 27
Axicom Tele-Systems Limited (ETSL) will open its bids/offers in connection with its initial public offering of equity shares on February 27, 2024.
23-02-2024. Mumbai. Axicom Tele-Systems Limited (ETSL) will open its bids/offers in connection with its initial public offering of equity shares on February 27, 2024. The total offer size comprises fresh issue of equity shares up to Rs 3,290 crore (the “Fresh Issue”) and offer for sale of up to 7,042,200 equity shares.
The price band of the offer has been fixed at Rs 135 to Rs 142 per equity share. Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter. The anchor investor bid date will be Monday, January 26, 2024. Bids/proposals will open for subscription on Tuesday, February 27, 2024 and close on Thursday, February 29, 2024.
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