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Exicom IPO: Charged up by reasonable valuation and a growing market opportunity

The Exicom IPO, which opened for subscription yesterday, is priced at 1.8x sales and 33x pre-tax profits based on trailing 12-month financials. Should you invest? ....

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Exicom Tele-Systems IPO subscribed 15.60 times on Day 2 so far, retail portion booked 42.4x

Exicom Tele-Systems is selling its shares in the price band of Rs 135-142 apiece. Investors can apply for a minimum of 100 shares and its multiples thereafter.
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