C2C ADVANCED SYSTE...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO C2C ADVANCED SYSTE...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
C2C Advanced Systems Ltd.

C2C Advanced Systems Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹226
₹226
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹226
Based on GMP
Min. Investment
₹135,600
1 lot × 600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
22 Nov 2024
Close Date
26 Nov 2024
Allotment
29 Nov 2024
Listing Date
03 Dec 2024
Exchange
NSE SME
Price Band
₹226
Listing Price
See chart
Allotment Status
Price Band
₹226
Per share
Face Value
₹10 per share
 
Lot Size
600 Shares
per lot
Issue Size
43,83,600 shares (aggregating up to ₹99.07 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹135,600
1 lot
Pre-IPO Holding
1,22,57,568 shares
Promoters
Post-IPO Holding
1,66,41,168 shares
Promoters
P/E (Pre)
22.56x
 
P/E (Post)
19.33x
 
EPS (Pre)
₹10.02
 
EPS (Post)
₹11.69
 
UPI Deadline
2024-11-26
Mandate
Anchor AllotmentThu, 21 Nov 2024
Basis of AllotmentFri, 29 Nov 2024
Refund InitiationMon, 02 Dec 2024
Demat CreditMon, 02 Dec 2024
Listing DayTue, 03 Dec 2024
UPI Mandate Deadline2024-11-26
Sale TypeFresh Capital
Net Offer to Public41,64,000 shares (aggregating up to ₹94.11 Cr)
Market Maker Quota2,19,600 shares (aggregating up to ₹4.96 Cr
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
C2C Advanced Systems Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Nov 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
219,600
₹4.96
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
4,383,600
100% ₹99.07
IPO Shares Offered
C2C Advanced Systems Ltd. IPO total issue size: ₹99.07 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 219,600 ₹4.96
5.01%
Total 4,383,600 ₹99.07
100.00%
* Based on upper price band ₹226 per share
Lot Size & Investment
Lot Size
600
Shares per Lot
Issue Price
₹226.00
Upper Band
Min Investment
₹135,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)21,200₹271,200
Retail (Max — 13 Lots)137,800₹1,762,800
S-HNI (Min — 14 Lots)148,400₹1,898,400
B-HNI (Min — 68 Lots)6840,800₹9,220,800
* Issue Price ₹226 × Lot Size 600 shares
IPO Schedule
Anchor
21 Nov 2024
✓ Done
IPO Open
22 Nov 2024
✓ Done
IPO Close
26 Nov 2024
✓ Done
Allotment
29 Nov 2024
✓ Done
Refunds
02 Dec 2024
✓ Done
Demat Credit
02 Dec 2024
✓ Done
Listing Day
03 Dec 2024
✓ Done
C2C Advanced Systems Ltd. — Live Price LIVE
₹226.00
INR · NSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹226.00 Live Price
About C2C Advanced Systems Ltd.
C2C Advanced Systems Limited, formerly known as C2C – DB Systems Private Limited, incorporated in 2018, is a vertically integrated defense electronics solutions provider catering to the indigenously developed defense products industry in India. The company's core competencies include C4I systems for effective situational awareness and decision support, AI/ML based big data analytics, enterprise integration of real-time data from IIOT, and embedded/FPGA designs.The company's business model for digital transformation focuses on four main services:Virtual Supply Chain: The company provides software development based on real-time and continuous data provided by various sensors, generating usable data that is immediately actionable.Virtual logistics: The company delivers using commercial off-the-shelf (COTS) electronic boards and complex engineering to integrate and deliver in an engineered enclosure that can withstand harsh environmental conditions (subsystems)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.Competitive strengths:A broad range of products and solutions for defense applicationsStrong R&D capabilities with a focus on innovationWell positioned to benefit from the government initiatives “Atmanirbhar Bharat” and "Make in India"Strong relationships with a diverse and global customer baseExperienced management teamAs of October 30, 2024, the company employed 190 employees.
Objects of the Issue
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.
C2C Advanced Systems Ltd. Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹806.7
31 Mar 2023
₹4,129.8
31 Mar 2024
₹4,325.0
30 Sep 2024
Profit After Tax (PAT)
₹287.5
31 Mar 2023
₹1,227.7
31 Mar 2024
₹973.0
30 Sep 2024
Particulars30 Sep 202431 Mar 202431 Mar 2023
Revenue from Operations 4324.97 4129.82 806.73
EBITDA N/A N/A N/A
Profit After Tax (PAT) 972.99 1227.69 287.52
Net Worth 8618.72 7645.73 252.14
Total Assets 11058.01 8583.51 1849.78
Reserves & Surplus N/A 6864.52 96.69
Borrowings 1329.02 N/A 944.74
EBITDA Margin (%) N/A
PAT Margin (%) 22.51%
P/BV Ratio
3.62
RoNW
11.29%
PAT Margin
22.51%
Debt/Equity
0.15
Issue Structure & Shareholding
Total Shares Offered43,83,600 (100.00%)
Net Offer to Public41,64,000 shares (aggregating up to ₹94.11 Cr)
Reserved for Market Maker2,19,600 shares (aggregating up to ₹4.96 Cr
Pre-Issue Promoter Holding1,22,57,568 shares
Post-Issue Promoter Holding1,66,41,168 shares
P/BV Ratio3.62
RoEN/A
RoCEN/A
Debt / Equity0.15
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Mark Corporate Advisors Pvt.Ltd.
Beeline Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much C2C Advanced Systems Ltd. IPO subscribed?

C2C Advanced Systems Ltd. IPO is subscribed 1.00 times by Nov 26, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is C2C Advanced Systems Ltd. IPO retail subscription status?

The C2C Advanced Systems Ltd. IPO retail category is subscribed 1.00 times as of 26 Nov 2024. The retail portion is oversubscribed.

How to subscribe C2C Advanced Systems Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 22 Nov 2024 and closes 26 Nov 2024. Min investment: ₹135,600 (1 lot = 600 shares). UPI mandate: 2024-11-26.

How many times C2C Advanced Systems Ltd. IPO subscribed?

The C2C Advanced Systems Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check C2C Advanced Systems Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 29 Nov 2024. Refunds: on 02 Dec 2024.

When C2C Advanced Systems Ltd. IPO will be listed?

The C2C Advanced Systems Ltd. IPO listing date is 03 Dec 2024, Tuesday. Listed on: NSE SME. Issue price: ₹226. Estimated listing: ₹226. GMP: NIL.

When C2C Advanced Systems Ltd. IPO close?

The C2C Advanced Systems Ltd. IPO closes on 26 Nov 2024, Tuesday. UPI mandate: 2024-11-26. Allotment: 29 Nov 2024. Listing: 03 Dec 2024.