Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:
Gurgaon-based Exicom Tele-Systems Limited, which specialises in electric vehicle charging solutions, power systems and more is expected to announce the allotment status of its initial public offering (IPO) on Friday, March 1. The Exicom Tele-Systems IPO opened on February 27 and closed on February 29. The price band for the IPO was ₹135 to ₹142 per share.