Exicom is an India headquartered power management solutions provider, operating under two business verticals, (i) critical power solutions business, wherein they design, manufacture and service DC Power Systems and Li-ion based energy storage solutions to deliver overall energy management at telecommunications sites and enterprise environments in India and overseas and (ii) Electric Vehicle Chargers solutions business, wherein they provide smart charging systems with innovative technology for residential, business, and public charging use in India.
As the Left lead banker for Exicom, we provided strategic guidance throughout the IPO process, ensuring the company could effectively capitalize on its growth potential in critical power solutions and electric vehicle charging systems. Our comprehensive analysis of Exicom's financial landscape allowed us to tailor a roadmap aligned with its operational goals. We identified and engaged potential investors, emphasizing Exicom's innovative technology and market position. Our efforts ensured compliance with regulatory requirements and optimized funding terms. The net proceeds from the IPO will be utilized for part-financing the establishment of production and assembly lines, repaying certain borrowings, and funding incremental working capital needs. By facilitating this process, we have positioned Exicom to enhance its capabilities and maintain its leadership in the power management solutions sector.
The IPO process for Exicom has been a resounding success, characterized by exceptional subscription rates and robust investor interest. We played a key role in determining the company's fair value, which contributed to outstanding levels across various investor categories. In the Pre-IPO round, we secured an impressive 86% of the total Rs. 710 million raised. Our influence extended to the anchor book, with approximately 61% of the shares reserved for anchor investors and around 78% participation from mutual funds. Our marketing efforts leveraged a strong network of institutional investors, alternative investment funds (AIFs), high-net-worth individuals (HNWIs), and retail investors. Overall, the total subscription reached an impressive 132.66X, with Qualified Institutional Buyers (QIBs) at 124.24X, Non-Institutional Investors (NIIs) at 158.82X, and Retail Individual Investors (RIIs) at 121.61X. This remarkable response underscores the confidence in Exicom's growth potential and positions the company for a successful future in the power management solutions sector.
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Name of the Company has changed from Networth Stock Broking Limited to Monarch Networth Capital Limited upon Certification of Incorporation received from Registrar of Companies, Mumbai vide certificate dated 13th October, 2015.
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Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L65920GJ1993PLC120014
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat
Ahmedabad
“Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad - 380009
Mumbai
Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.
Email for Grievance: grievances@mnclgroup.com
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Mechanism for addressing grievances and information about SCORES.
Mechanism for addressing grievances and information about SCORES.
Monarch Networth Capital Limited (‘MNCL’) | CIN No.: L65920GJ1993PLC120014
(As per LODR Regulations and Companies Act, 2013)
Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances : Mr. Nitesh Tanwar
Monarch Networth Capital Limited
Unit No. 803-804A, 8th Floor, X-Change Plaza, Block No. 53, Zone 5, Road-5E, Gift City, Gandhinagar - 382355, Gujarat
Ahmedabad
“Monarch House”, Opp Prahladbhai Patel garden, Near Ishwar Bhuvan, Commerce Six Roads, Navrangpura, Ahmedabad – 380009
Mumbai
Monarch Networth Capital Limited, G Block, Laxmi Tower, B Wing, 4th Floor, Bandra Kurla Complex, Bandra East, Mumbai - 400051.
Phone: 022 - 66476400 / 66476405
Email: cs@mnclgroup.com
Email for Grievance: cs@mnclgroup.com
Listing of Equity Shares on Stock Exchange at
BSE
NSE
(Formerly known as Link Intime India Private Limited)
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