3C IT Solutions & Telecoms (India) Limited IPO
BSE SMEListed On: Jun 12, 2024 at ₹ 43.01
₹ 208000 /4000 Shares
*Min Investment
04 Jun, 2024
Open Date07 Jun, 2024
Close Date10 Jun, 2024
Allotment Date12 Jun, 2024
Listing Date3C IT Solutions & Telecoms (India) Limited IPO Issue Details
- Issue Price ₹52 per equity share
- Face Value ₹5 Per Equity Share
- Total Issue Size 22,00,000 shares(aggregating up to ₹11.44 crore)
- Fresh Share 17,00,000 shares(aggregating up to ₹8.84 crore)
- Offer For Sale 5,00,000 shares(aggregating up to ₹2.6 crore)
- Listing at BSE SME
- List Price 43.01
- Listing Date 2024-06-12
- Lead Manager Kreo Capital Private Limited
- Registrar Skyline Financial Services Private Ltd
Market Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 2000 | ₹1,04,000 |
| Retail(max) | 1 | 2000 | ₹1,04,000 |
| NII (min) | 2 | 4,000 | ₹2,08,000 |
3C IT Solutions & Telecoms (India) Limited IPO Reservation
3C IT Solutions & Telecoms (India) Limited IPO offers total 2,200,000 shares. Out of which NA (NA%) allocated to QIB, NA (NA%) allocated to NII,1,044,000 (47.45%) allocated to RII, NA (NA%) allocated to employees and - (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - (NA%) | |
| Market Maker Shares Offered | 112,000 (5.09%) | |
| Retail Shares Offered | 1,044,000 (47.45%) | |
| Total Shares Offered | 2,200,000 (100%) |
3C IT Solutions & Telecoms (India) Limited IPO Details
3C IT Solutions & Telecoms (India) Limited IPO is an SME IPO, priced at ₹52 per equity share. The equity shares have a face value of ₹5 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 22,00,000 equity shares, aggregating up to ₹11.44 crores..
The IPO bidding window is open from Jun 4, 2024 to Jun 7, 2024. The allotment is expected to be finalized on Jun 10, 2024, and the tentative listing date is Jun 12, 2024.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,04,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,08,000.
Kreo Capital Private Limited is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Shreni Shares Limited will act as the market maker for this issue.
3C IT Solutions & Telecoms (India) Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,044,000 | 1,044,000 | 2,088,000 |
Day 1 04-06-24 06:00 PM | 0.22 x | 1.36 x | 0.79 x |
Day 2 05-06-24 06:00 PM | 0.59 x | 5.28 x | 2.94 x |
Day 3 06-06-24 06:00 PM | 1.35 x | 11.76 x | 6.56 x |
Day 4 07-06-24 06:00 PM | 10.75 x | 29.76 x | 20.25 x |
3C IT Solutions & Telecoms (India) Limited Valuations
3C IT Solutions & Telecoms (India) Limited Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 2,886.14 | 3,465.47 | 1,835.90 |
| Revenue | 6,293.48 | 6,694.11 | 4,063.52 |
| Profit After Tax | 113.62 | 110.90 | 85.93 |
| Net Worth | 409.73 | 260.65 | 149.75 |
| Reserves & Surplus | 373.73 | 259.65 | 148.75 |
| Total Borrowing | 1,339.76 | 1,040.20 | 398.22 |
About 3C IT Solutions & Telecoms (India) Limited Company
Established in 2015, 3C IT Solutions & Telecoms (India) Limited is a leading IT systems integration company. The company offers various IT products and services bifurcated under 3 segments i.e. Infrastructure solutions, Digital business solutions, and Consulting solutions to meet the client requirements.
Product and services portfolio of the company are as follows:
Infrastructure solutions: End User and Devices, Device Configuration, Data Protection, Computer Accessories, Networking Solutions, IT Security Solutions and Audio Video Solutions.
Digital business solutions: MDM- Mobile Device Management, Project Management Tools, Collaboration Software, Video Conferencing Tools, Sales Enablement Software, Cloud Implementation Services and many more.
Consulting solutions: Facility Management System (FMS) Solutions, IT Infrastructure Renting Solutions, remote infrastructure management solutions, Multibrand Hardware Break-Fix Service and more.
3C IT delivers the following solutions to their customers:
Data Storage Management.
Server infrastructure solutions that maximize the IT investment and achieve high performance. The solution for customized network design and implementation.
Security consolidation and optimization to leverage the investment made.
3C IT Solutions & Telecoms (India) Limited - Promoter(s)
Mr. Ranjit Kulladhaja Mayengbam
Mrs. Gangarani Devi Mayengbam
Pre Issue Share Holding : 72.00%
Post Issue Share Holding : 51.66%
3C IT Solutions & Telecoms (India) Limited IPO - Issue Objectives
Funding Working Capital Requirements of the Company
Repayment/ Prepayment of Certain Borrowings availed by the Company
General corporate purposes
3C IT Solutions & Telecoms (India) Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| 3C IT Solutions & Telecoms (India) Limited | 8.87 | 8.87 | 113.81 | 5.86 | 27.73 | 0.46 | Standalone |
| Dev Information Technology Limited | 3.95 | 3.95 | 19.17 | 36.73 | 20.57 | 4.89 | Standalone |
Notes:
- The P/E Ratio has been computed based on the closing market price of equity shares on the NSE on February 19, 2024, divided by the Basic EPS.
- Return on Net Worth (%) = Net profit after tax divided by the closing net worth. Net worth has been computed as the sum of Share capital and reserves and surplus.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
- The face value of Equity Shares of our Company is ₹5 per Equity Share, and the Issue Price is ₹52 per share, which is 10.4 times the face value of equity share.
Contact Details
3C IT Solutions & Telecoms (India) Limited
Flat No.104 & 105, Pavitra Enclave, Somwar Peth, Opp. Ladkat Petrol Pump, Pune Maharashtra- 411011
020 46047009
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
3C IT Solutions & Telecoms (India) Limited IPO - FAQs
Ans. 3C IT Solutions & Telecoms (India) Limited IPO is a SME IPO. The issue is priced at ₹52 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Jun 4, 2024, and closes on Jun 7, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The 3C IT Solutions & Telecoms (India) Limited IPO opens on Jun 4, 2024 and closes on Jun 7, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of 3C IT Solutions & Telecoms (India) Limited IPO is 2,200,000 shares(aggregating up to ₹11.44 Cr).
Ans. The 3C IT Solutions & Telecoms (India) Limited IPO price band is set between ₹52 per equity share.
Ans. To apply for 3C IT Solutions & Telecoms (India) Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find 3C IT Solutions & Telecoms (India) Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of 3C IT Solutions & Telecoms (India) Limited IPO is Jun 10, 2024.
Ans. The 3C IT Solutions & Telecoms (India) Limited IPO will be listed on Jun 12, 2024.
Ans. Follow the steps to check the 3C IT Solutions & Telecoms (India) Limited IPO allotment status online.
