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C2C Advanced Systems Limited IPO (C2C Advanced Systems Limited IPO) Details

C2C Advanced Systems Limited

C2C Advanced Systems Limited IPO's overview

C2C Advanced Systems Limited IPO is a book built issue of ₹99.07 Cr (99,06,93,600). The issue includes a fresh issue of 43.84 Lakh (43,83,600) shares aggregating to ₹99.07 Cr (99,06,93,600).

C2C Advanced Systems Limited IPO bidding started from Nov 22, 2024 and ended on Nov 26, 2024. The allotment for C2C Advanced Systems Limited IPO was finalized on Nov 27, 2024. The shares got listed on NSE, BSE on Nov 29, 2024.

C2C Advanced Systems Limited IPO price band is set at ₹214 to ₹226 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹1.28 Lakh (1,28,400).

Refer to C2C Advanced Systems Limited IPO RHP for detailed information.

  • IPO date

    Nov 22,2024 - Nov 26,2024

  • Listing Date

    Nov 29,2024

  • Face value

    10

  • Price Band

    214 to ₹226 per share

  • Lot

    600 Shares

  • Total Issue Size

    43.84 Lakh (43,83,600)

    aggregating up to 99.07 Cr (99,06,93,600)

  • Fresh Issue

    43.84 Lakh (43,83,600)

    aggregating up to ₹99.07 Cr (99,06,93,600)

  • Issue Type

    Book Building

  • IPO Type

    SME
  • Listing At

    NSEBSE

  • Pre Issue Size

    1.23 Cr (1,22,57,568)

  • Post Issue Size

    1.66 Cr (1,66,41,168)

  • Fri, Nov 22, 2024

    IPO Open

  • Tue, Nov 26, 2024

    IPO Close

  • Wed, Nov 27, 2024

    Basis of Allotment

  • Thu, Nov 28, 2024

    Initiation of Refunds

  • Thu, Nov 28, 2024

    Credit of Shares to Demat

  • Fri, Nov 29, 2024

    Listing

C2C Advanced Systems Limited IPO Day-wise IPO GMP Trend

C2C Advanced Systems Limited IPO last GMP is ₹180, last updated Nov 28,2024. With the price band of 226.00, C2C Advanced Systems Limited IPO's estimated listing price is ₹406 (cap price + today's GMP).The expected percentage gain/loss per share is 79.65%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
28-Nov-24226.00180
406(79.65%)28-Nov-2024 14:57
27-Nov-24226.00145
371(64.16%)27-Nov-2024 22:27
26-Nov-24226.00120
346(53.10%)26-Nov-2024 22:31
25-Nov-24226.00170
396(75.22%)25-Nov-2024 22:26
24-Nov-24226.00245
471(108.41%)24-Nov-2024 22:26
23-Nov-24226.00245
471(108.41%)23-Nov-2024 22:25
22-Nov-24226.00245
471(108.41%)22-Nov-2024 22:31
21-Nov-24226.00245
471(108.41%)21-Nov-2024 22:25
20-Nov-24226.00245
471(108.41%)20-Nov-2024 22:30
19-Nov-24226.00225
451(99.56%)19-Nov-2024 22:29
18-Nov-24226.00225
451(99.56%)18-Nov-2024 22:25
17-Nov-24226.00220
446(97.35%)17-Nov-2024 22:29
16-Nov-24226.00220
446(97.35%)16-Nov-2024 22:23
15-Nov-24226.00220
446(97.35%)15-Nov-2024 22:32
14-Nov-24226.00200
426(88.50%)14-Nov-2024 22:26

C2C Advanced Systems Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

16001.36 Lakh (1,35,600)

Retail(Max)

16001.36 Lakh (1,35,600)

SHNI(Min)

21,2002.71 Lakh (2,71,200)

C2C Advanced Systems Limited IPO Financial Information (Restated Consolidated)

LabelSep 30, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets11,058.018,583.511,849.78903.18
Revenue4,324.974,129.82806.7334.79
Profit After Tax972.991,227.69287.52-238.21
Net Worth8,618.727,645.73252.14-136.57
Reserves and Surplus6,864.5296.69
Total Borrowing1,329.02944.74554.77
C2C Advanced Systems Limited Financial Information

About C2C Advanced Systems Limited

C2C Advanced Systems Limited (formerly C2C – DB Systems Private Limited) is a premier Indian defense electronics solutions provider, founded in 2018. Specializing in end-to-end solutions, the company is dedicated to supporting India’s defense sector with cutting-edge technologies, particularly those aligned with the “Atmanirbhar Bharat” and "Make in India" initiatives. Its expertise encompasses C4I (Command, Control, Communications, Computers, and Intelligence) systems that enable situational awareness and decision support, along with AI/ML-driven analytics, IIoT (Industrial Internet of Things) integration, and advanced embedded/FPGA designs.

Core Business Areas

C2C Advanced Systems’ digital transformation solutions are based on four primary service domains:

  1. Virtual Supply Chain: Provides real-time actionable insights through software that processes continuous sensor data.
  2. Virtual Logistics: Utilizes COTS (commercial off-the-shelf) electronic boards to deliver engineered enclosures capable of operating in challenging environments.
  3. Virtual Maintenance: Integrates subsystems to enable situational awareness and informed decision-making for defense leadership.
  4. AI/ML Technologies: Employs AI/ML both as a core feature of its solutions and as an independent technology offering.

Product Offerings

The company offers a comprehensive portfolio of defense electronics products, including:

  • Combat Management Systems
  • C4I Systems
  • Anti-Drone Command and Control Systems
  • Air Defence Subsystems
  • Integrated Platform Management Systems
  • Integrated Vessel Management Systems

Competitive Strengths

  • Broad Product Portfolio: Extensive range of solutions specifically for defense applications.
  • Innovation-Driven R&D: Significant focus on research and technological advancements.
  • Government Alignment: Well-positioned to benefit from India’s focus on self-reliance and domestic manufacturing.
  • Global Client Relationships: Long-standing relationships with a diverse, international client base.
  • Experienced Leadership: A skilled management team that steers strategic growth.

Market Position and Achievements

C2C Advanced Systems has carved out a niche in the defense, aerospace, and security sectors, thanks to its unique focus on “Intelligent Platforms.” With superior architecture design, data acquisition, and analytics capabilities, C2C stands out for its technologically advanced solutions. The company’s successful deployment of its Combat Management System (CMS) for the Royal Malaysian Navy demonstrates its competitive edge, even against well-established global players. This success underscores its readiness for international expansion, particularly as it explores digital transformation strategies in Industry 4.0 and transportation.

Workforce

As of October 30, 2024, C2C Advanced Systems employed 190 individuals across various domains, driving its mission of innovation and national security enhancement.

C2C Advanced Systems Limited IPO's documents

C2C Advanced Systems Limited Contact Details

C4, Anand Niketan, New Delhi – 110 021, India
Phone: +91 80 4372 4052
E-mail: [email protected]
Website: www.c2c-as.com

C2C Advanced Systems Limited IPO's Promoters

The promoters of the company are C2C Innovations Private Limited, PVR Multimedia Private Limited, Lakshmi Chandra, Maya Chandra, Subrahmanya Srinivasa Narendra Lanka, Kuriyedath Ramesh and Murtaza Ali Soomar

C2C Advanced Systems Limited IPO Registrar