Exicom Raises Rs 178 Cr from Anchors Before IPO
Exicom tele-systems secures INR 178 crore in anchor funding ahead of IPO launch
Exicom Tele-Systems, a leading provider of electric vehicle (EV) charging solutions, accomplished a significant financial milestone by securing Rs 178 crore from anchor investors on February 26, a day before the commencement of its initial public offering (IPO). The IPO subscription period is set to open on February 27, with the closing date slated for February 29.
In its filing to the exchanges, Exicom disclosed the allocation of…