C2C Advanced Systems IPO Details
The C2C Advanced Systems IPO is a book build issue with a total issue size of ₹99.07 cr, comprising of fresh issue of 4383600 equity shares. C2C Advanced Systems IPO opened for subscription on Nov 22, 2024 and closed on Nov 26, 2024. C2C Advanced Systems IPO is set price band at ₹214 to ₹226 per share, with a lot size of 600 shares. Minimum investment for Retail investors was ₹271,200.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Nov 27, 2024, and listed on the NSE on Nov 29, 2024.
MUFG Intime India Private Limited has been appointed as the registrar. **Mark Corporate Advisors Private Limited ** and Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the C2C Advanced Systems IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 214 – 226
- Lot Size
- 600
- Issue Size
- ₹99.07 Cr
- Minimum Investment
- ₹271200 (1200 Shares)
- Listing Date
- 29 November 2024
Current GMP
₹195 (+86.28%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About C2C Advanced Systems Limited
C2C Advanced Systems Limited is an Indian defense technology company focused on delivering cutting-edge solutions for the defense, security, and aerospace sectors. The company was incorporated in 2018 and, after rebranding in 2023, has emerged as a leading player in the indigenously developed defense products market. The company's core strengths lie in its vertical integration, providing software, hardware, and firmware solutions for complex mission-critical systems.
Key Areas of Expertise:
- Intelligent Platforms: C2C specializes in developing intelligent systems for the military, leveraging advanced technologies such as AI/ML, big data analytics, and system integration for improved situational awareness and command and control.
- Combat Management Systems (CMS): A significant achievement includes the successful deployment of its CMS for the Royal Malaysian Navy, showcasing its capabilities in developing advanced defense systems.
- Digital Transformation and Industry 4.0: C2C also focuses on civilian applications, particularly in Industry 4.0, by utilizing sensors, real-time data analytics, and AI/ML technologies for logistics, maintenance, and supply chain management.
- System Integration: The company has strong capabilities in system architecture, design, integration, and testing across a broad range of defense platforms, including air, land, sea, and autonomous systems.
Business Model and Approach:
C2C does not manufacture traditional hardware components but focuses on software, system integration, and data analytics to enhance the performance and operational effectiveness of defense platforms. Their solutions cater to both defense and civilian sectors, particularly leveraging dual-use technologies that can be applied to military and industrial applications.
Core Competencies:
- AI/ML and Big Data Analytics: Advanced data-driven solutions for defense and security applications, as well as industrial operations.
- Legacy System Upgrades: Expertise in retrofitting and modernizing legacy military systems to meet current warfare requirements.
- Design and Engineering: In-house capabilities for hardware and software design, prototyping, testing, and validation.
- Mission-Critical Systems: Specialized in developing systems that support critical decision-making, situational awareness, and resource allocation for military leadership.
C2C Advanced Systems IPO Promoters
- C2C Innovations Private Limited
- PVR Multimedia Private Limited
- Lakshmi Chandra
- Maya Chandra
- Subrahmanya Srinivasa Narendra Lanka
- Kuriyedath Ramesh
- Murtaza Ali Soomar
Promoters Holding
Holding Pre Issue
56.52%
Holding Post Issue
0.00%
C2C Advanced Systems IPO Objective
The company intends to utilize the proceeds of the net issue in the following manner:
- 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.
- Towards fit-outs at the new premises at both Bengaluru and Dubai.
- Payment of Security Deposit for the new premises at Bengaluru, Karnataka, India.
- To fund the working capital requirements of the Company.
- To fund expenditure towards general corporate purposes.
Address / Contact Info
C2C Advanced Systems Limited
No.86, Wings of Eagles, SS Commercial
Estate, Varthur Road, Nagavarapalya Main
Road, C V Raman Nagar,
Bengaluru– 560093 Karnataka
Phone: +91 80 4372 4052
Email: compliance@c2c-as.com
Website: http://www.c2c-as.com
IPO Snapshot
Book Running Lead Managers
- Mark Corporate Advisors Private Limited
- Beeline Capital Advisors Pvt Ltd
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
C2C Advanced Systems IPO is a Book-building IPO with a total issue size of ₹99.07 crore. The C2C Advanced Systems IPO price band is ₹214 to 226 per share. The C2C Advanced Systems IPO subscription opens on Fri, Nov 22, 2024, and closes on Tue, Nov 26, 2024. The C2C Advanced Systems IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the C2C Advanced Systems IPO.
The C2C Advanced Systems IPO opens on Fri, Nov 22, 2024 and closes on Tue, Nov 26, 2024
C2C Advanced Systems IPO Price Band is ₹214 to 226 per share.
C2C Advanced Systems IPO lot size is 600 shares, Retail investors need a minimum investment of ₹271200 based on the upper price band
The minimum investment for C2C Advanced Systems IPO is ₹271200, based on one lot of 600 shares at the upper price band of ₹226 per share.
Investors can apply for the C2C Advanced Systems IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Nov 26, 2024. The application amount remains blocked until the C2C Advanced Systems IPO allotment is finalized.
C2C Advanced Systems IPO issue size is ₹99.07 crores.
C2C Advanced Systems IPO allotment date is Wed, Jul 1, 2026.
The registrar for C2C Advanced Systems IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check C2C Advanced Systems IPO allotment status, refund processing, and other IPO-related information.
The C2C Advanced Systems IPO GMP (Grey Market Premium) is ₹195 as of Fri, Nov 29, 2024. Based on the upper price band of ₹226 per share, the estimated C2C Advanced Systems IPO listing price is ₹421, indicating a potential listing gain of approximately 0% over the issue price.