C2C Advanced Systems IPO: A New Era of Technological Innovation and Investment Opportunity
1. C2C Advanced Systems IPO Details
C2C Advanced Systems is a leading player in the field of engineering, automation, and systems integration. The company provides custom solutions in industries such as aerospace, automotive, defense, energy, and healthcare. Over the years, C2C has built a reputation for its ability to integrate cutting-edge technology into complex systems and create innovative solutions for its clients. The C2C Advanced Systems IPO represents the company’s effort to accelerate its growth trajectory by raising funds from public investors.
Through this IPO, C2C Advanced Systems plans to bolster its research and development efforts, expand its product offerings, and venture into new geographical markets. With the global demand for advanced technology solutions rising, the IPO could be a lucrative opportunity for investors looking to tap into India’s fast-growing tech and engineering sectors.
2. IPO Timeline
The C2C Advanced Systems IPO is expected to open soon, with the following key dates:
- IPO Opening Date -: “The IPO is set to open on Friday, November 22, 2024.”
- IPO Closing Date -: “The IPO will close on Tuesday, November 26, 2024.”
- Finalization of Allotment -: The IPO allotment status will be declared on Wednesday, November 27, 2024.
- Initiation of Refunds -: The refund amount will be credited to your bank account on Thursday, November 28, 2024.
- Credit of Shares to Demat Account -: The shares will be credited to your Demat account on Thursday, November 28, 2024.
- Listing Date -: The IPO will be listed on the stock exchanges on Friday, November 29, 2024, on NSE SME.
Make sure to mark these dates to ensure you don’t miss out on the opportunity to subscribe to the IPO.
3. IPO Size (IPO Price, Lot Size, and Issue Size)
- Price Band -: The IPO price band is fixed between ₹214 and ₹226 per share.
- Lot Size -: The IPO lot size has been set at 600 shares per lot.
- Issue Size -: The IPO issue size is estimated to be around ₹99.07 crore.
- Fresh Issue -: The IPO fresh issue size is ₹99.07 crore.
- Minimum Order Quantity -: Retail Investors can apply for a minimum of 1 lot.
- Maximum Order Quantity -: Retail Investors can apply for a maximum of 1 lots.
The lot size and price band will be crucial for retail investors looking to participate. Keep a close eye on these details once the IPO opens for subscription.
4. IPO Reservation
The IPO will be available for subscription across various categories of investors, with the following reservation breakdown:
- Qualified Institutional Buyers (QIBs) -: 50% of the total offer size
- Retail Individual Investors (RIIs) -: 35% of the total offer size
- Non-Institutional Investors (NIIs) -: 15% of the total offer size
This ensures that the IPO is accessible to a wide range of investors, from institutional buyers to retail investors.
5. IPO GMP (Grey Market Premium) and Market Sentiment
As of November 17, 2024, the Grey Market Premium (GMP) for the C2C Advanced Systems IPO is ₹220. This suggests that the expected listing price could be around ₹446 per share (₹226 IPO price + ₹220 GMP), indicating a potential gain of 97% on listing. The GMP is an indicator of the market sentiment and investor demand for the IPO.
6. C2C Advanced Systems IPO Company Financial Information
Below is a snapshot of the company’s financial performance, highlighting key financial metrics over the past few years:
Particulars | FY 2024 | FY 2023 | FY 2022 |
Revenue (₹ Lakhs) | 4129.82 | 806.73 | 34.79 |
Profit After Tax (PAT) | 1,227.69 | 287.52 | -238.21 |
Assets | 8583.51 | 1849.78 | 903.18 |
Net Worth | 7,645.73 | 252.14 | -136.57 |
Reserves and Surplus | 6,864.52 | 96.69 | |
Total Borrowing | 944.74 | 544.77 | |
Amount in ₹ Lakhs |
These figures reflect the strong financial foundation of C2C Advanced Systems and its ability to generate consistent growth, making the IPO an attractive investment opportunity.
7. C2C Advanced Systems IPO Prospectus
For more detailed information, investors can access the official C2C Advanced Systems IPO prospectus. The document will include information about the company’s financial health, risk factors, management, and other essential details that investors need to know before participating in the IPO.
8. C2C Advanced Systems IPO Registrar
The registrar for the C2C Advanced Systems IPO is Link Intime India Private Ltd. The registrar is responsible for managing the application process, including allotment and refunds. Investors can reach out to the registrar for any queries regarding the status of their application.
9. C2C Advanced Systems IPO Lead Managers
The lead managers overseeing the C2C Advanced Systems IPO are:
- Mark Corporate Advisors Private Limited (Past IPO Performance)
- Beeline Capital Advisors Pvt Ltd (Past IPO Performance)
These firms will help ensure that the IPO runs smoothly and that all regulatory requirements are met.
10. How to Apply for the IPO
Investors can apply for the C2C Advanced Systems IPO through:
- Online IPO Application: Via net banking using the ASBA (Application Supported by Blocked Amount) facility.
- UPI Method: Apply through UPI-supported platforms like Zerodha, Groww, Upstox, Angel One or Paytm Money.
- Brokers: Approach stockbrokers offering IPO application services.
- Bank Branches: Submit an offline IPO application form at your bank.
Make sure to complete the application process within the IPO window to ensure your bid is accepted.
IPO FAQs
1. What is the price band for the C2C Advanced Systems IPO?
The price band for the IPO is expected to be in the range of ₹214 to ₹226 per share.
2. How can I apply for the IPO?
Investors can apply through the ASBA (Application Supported by Blocked Amount) facility via their bank accounts or through online brokerage platforms.
3. What is the minimum lot size for this IPO?
The minimum lot size is expected to be 600 shares per lot.
4. When will the shares be listed?
The shares of C2C Advanced Systems are expected to be listed on the NSE SME on Friday November 29, 2024.
Conclusion
The C2C Advanced Systems IPO offers investors the chance to invest in a high-growth company that is poised to lead in the fields of engineering, automation, and technology. With a strong financial foundation, a diversified portfolio, and a clear roadmap for growth, C2C Advanced Systems has the potential to generate significant returns for investors. However, as with any investment, it’s important to conduct thorough research and consider all factors before subscribing to the IPO.
Disclaimer:
Before making any investment, it is important to carefully assess your risk tolerance and conduct thorough research. Investing in IPOs involves inherent risks, and market conditions can change rapidly. Please ensure you fully understand the potential risks and returns, and consider consulting with a financial advisor before proceeding with any investment decision.