C2C Advanced Systems

C2C Advanced Systems

NSE SME

₹135,600 / 600 Shares

Offer Date:Nov 22, 2024 - Nov 26, 2024
Listing Price : ₹429.4 at a Premium of 90%
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IPO Details

C2C Advanced Systems IPO is priced between ₹214-226 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the NSE SME, and Link Intime India Private Ltd is managing the issue as the registrar.

The IPO bidding period opened on 22 Nov, 2024, and closed on 26 Nov, 2024. The allotment results will be announced on 29 Nov, 2024, with a tentative listing date set for 3 Dec, 2024.

The total issue comprises 4,383,600 shares, amounting to ₹99.07 Cr.

C2C Advanced Systems IPO Highlights

IPO DateListing DateFace ValuePrice BandLot SizeFresh IssueOffer for SaleListing At
Nov 22, 2024 - Nov 26, 20243 Dec, 2024₹10 Per Equity Share₹214-226 per equity share- Shares -NSE SME

C2C Advanced Systems IPO Timeline

IPO Open Date
22 Nov, 2024
IPO Close Date
26 Nov, 2024
Basis of Allotment
29 Nov, 2024
Listing Date
3 Dec, 2024

Issue Price

₹214-226 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

NSE SME

Registrar

Link Intime India Private Ltd

Market Lot

600 Shares (₹135,600/-)

Lead Manager

Mark Corporate Advisors Private LimitedBeeline Capital Advisors Pvt Ltd

Issue Size

4,383,600 shares(aggregating up to ₹99.07 Cr)

Retail Portion

35%

Subscription

125.43 times

IPO Docs

DRHP RHP

C2C Advanced Systems IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 248583.514129.821227.697645.736864.52-
31 Mar 231849.78806.73287.52252.1496.69-
31 Mar 22903.1834.79-238.21-136.57N/A-

All values are in ₹ Lakh

C2C Advanced Systems IPO Valuations

EPS PRE IPO

₹10.02/-

EPS POST IPO

₹11.69/-

PE PRE IPO

22.56

PE POST IPO

19.33

ROE

-

ROCE

-

DEBT EQUITY

0.15

RONW

11.29%

PAT MARGIN

22.51

PRICE TO BOOK VALUE

3.62

About Company

C2C Advanced Systems Limited was previously called C2C – DB Systems Private Limited and is incorporated in the year 2018. The company caters to the Indian industry that produces the defense products which have been developed indigenously. Its key competencies lie in the domains of C4I systems which would enhance the situational awareness and support effective decision making. Its competencies include AI/ML-based big data analytics, enterprise integration of real-time data from IIOT, and embedded/FPGA designs.

Four service focus segments are utilized under the digital business model. For instance: virtual supply chain that involves real-time software development by acquiring continuous and diverse data that might be captured and processed using myriad sensors with outputs that create directly actionable information
virtual logistics delivering through using various COTS electronic boards integrated as well with an engineered enclosure whose environmental settings with subsystems provide resistance.
Virtual Maintenance: The company integrates various subsystems to deliver systems that extract real-time data and create situational awareness for defense leadership to take action (systems).
Application of AI/ML technologies in all offerings and as standalone product development and engineering.

The company's product list includes Combat Management Systems, C4I Systems, Anti-Drone Command and Control Systems, Air Defence Subsystems, Integrated Platform Management Systems and Integrated Vessel Management Systems.

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C2C Advanced Systems IPO Subscription Details

As onQIB/NIIRetailTotal
Shares Offered / Reserved832,800 / 624,6001,457,4002,914,800
Day 1 - 22-11-24 06:00 PM0.53 / 26.37 x41.48 x26.54 x
Day 2 - 25-11-24 06:00 PM6.00 / 123.23 x157.22 x106.73 x
Day 3 - 26-11-24 06:00 PM31.61 / 233.48 x132.73 x125.43 x
Total No. of Applications:3,59,723 (Approx)

C2C Advanced Systems IPO - Issue Objectives

  1. Funding of capital expenditure towards the purchase of fixed assets (both hardware and software) for its existing operations (the upgradation of the existing Experience Centre and set up of Training Centre at Bengaluru) and the proposed set up of Experience Centre at Dubai.
  2. Towards fit-outs at the new premises at both Bengaluru and Dubai.
  3. Payment of Security Deposit for the new premises at Bengaluru, Karnataka, India.
  4. To fund the working capital requirements of the Company.
  5. To fund expenditure towards general corporate purposes.
Company Contact Details

C2C Advanced Systems

No.86, Wings of Eagles, SS Commercial Estate, Varthur Road, Nagavarapalya Main Road, C V Raman Nagar, Bengaluru - 560093

Phone: +91 80 4372 4052

Email: compliance@c2c-as.com

Website: http://www.c2c-as.com/

Registrar Contact Details

Link Intime India Private Ltd