What Should Investors Do With Exicom Shares After Bumper Listing?

Exicom Tele-Systems' initial public offering (IPO) made a strong debut on the stock exchanges on March 5th, opening at Rs 265 per share, representing an impressive 87 percent premium over the issue price of Rs 142 per share. The electric vehicle charger manufacturer aimed to raise Rs 429 crore through its first-ever public offering. This included a fresh issue of shares worth Rs 329 crore by the company and an offer-for-sale (OFS) of 70.42 lakh shares valued at Rs 100 crore at the upper price band. NextWave Communication, the promoter, will be selling shares in the OFS. Should you invest this Exicom stock? BTTV's Sakshi Batra Explains