1. C2C Advanced Systems IPO Overview
The IPO for C2C Advanced Systems Limited will be open for subscription on November 22, 2024, and will close on November 26, 2024. The final allotment of shares will be confirmed on November, 28, 2024.The share’s to be listed on Exchange November 29, 2024, and listing Exchange on NSE SME.
The C2C Advanced Systems IPO price band has been set between ₹214 and ₹226 per equity share.
The total issue size of the C2C Advanced Systems Limited IPO is approximately ₹99.07 crores. This comprises 4,383,600 equity shares offered to the public.
The Gray Market Premium (GMP) of C2C Advanced Systems Limited IPO is currently hovering around ₹220. This GMP shows high market sentiment, which indicates that the demand for IPO is quite high in the market. Due to this strong sentiment, good gain listings are expected.
2. C2C Advanced Systems IPO Timeline
- 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.
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.
4. C2C Advanced Systems 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
5. C2C Advanced Systems IPO GMP (Grey Market Premium) and Market Sentiment
As of November 22, 2024, the Grey Market Premium (GMP) for the C2C Advanced Systems IPO is ₹225. This suggests that the expected listing price could be around ₹451 per share (₹226 IPO price + ₹225 GMP), indicating a potential gain of 99% on listing. The GMP is an indicator of the market sentiment and investor demand for the IPO.
6. Company Overview: C2C Advanced Systems Ltd
Founded in 2018, C2C Advanced Systems has quickly risen to prominence in the field of technology solutions, automation, and systems integration. The company specializes in providing customized engineering services and products that help industries become more efficient, reliable, and sustainable. C2C’s expertise spans multiple domains, including:
- Aerospace and Defense: Offering solutions for avionic systems, aerospace engineering, and defense technologies.
- Automotive: Providing automation solutions and engineering designs for the evolving automotive industry.
- Energy & Utilities: Focused on creating sustainable energy systems, smart grids, and automation in energy management.
- Healthcare: Delivering advanced medical technologies that improve patient care and streamline hospital operations.
With an experienced leadership team and a commitment to innovation, C2C Advanced Systems is well-positioned for long-term growth. Its global presence, combined with a diverse product portfolio, makes it a prominent player in the field of advanced technological systems.
7. C2C Advanced Systems Ltd 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.
8. Key Performance Indicators (KPIs)
C2C Advanced Systems continues to impress with its performance across various metrics:
- Revenue Growth: The company has experienced consistent year-on-year growth, with revenue climbing steadily as it expands its market share.
- Technological Innovation: As a leader in R&D, C2C regularly introduces cutting-edge products and solutions to maintain its competitive edge.
- Profitability: C2C has consistently posted positive profit margins, driven by efficient operations and strong demand for its solutions across key industries.
9. IPO Objectives
The funds raised through the C2C Advanced Systems IPO will primarily be utilized for the following purposes:
- Expansion of Operations: A significant portion of the funds will be used to expand its manufacturing and R&D capabilities.
- Debt Reduction: The company plans to reduce its debt levels, which will help improve financial flexibility and stability.
- Strategic Acquisitions: C2C may use part of the funds for acquiring smaller firms or technologies that align with its growth strategy.
- General Corporate Purposes: The remaining funds will be used for general business needs, including working capital and operational expenses.
10. 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.
11. 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.
12. 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.
13. How to Apply for the C2C Advanced Systems 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 Motilal Oswal, 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.
4. When will the shares be listed?
The shares of C2C Advanced Systems are expected to be listed on the NSE on 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.