C2C Advanced Systems IPO
C2C Advanced Systems is an NSE SME IPO listed on the NSE SME platform, priced at ₹214–₹226 per share. The stock debuted at ₹429.4, delivering a listing gain of 90.0%. The IPO had a lot size of ₹600 shares and a minimum investment of ₹1,35,600.
C2C Advanced Systems Limited IPO
- IPO Dates
- Nov 22, 2024 – Nov 26, 2024
- Price band
- ₹214-226 per equity share
- Minimum Investment
- ₹1,35,600
- Issue size
- ₹99.07 Cr
- Lot size
- 600
- Allotment Date
- Nov 29, 2024
- Listing
- Dec 3, 2024
- Listing At
- NSE SME
IPO timeline
-
Nov 22, 2024
Open Date
Completed
-
Nov 26, 2024
Close Date
Completed
-
Nov 29, 2024
Allotment Date
Completed
-
Dec 3, 2024
Listing Date
Completed
C2C Advanced Systems IPO Essentials
C2C Advanced Systems IPO Details
C2C Advanced Systems IPO is priced at ₹214-226 per share with a total issue size of 99.07 crore. The IPO has a lot size of 600 shares and is listed on NSE SME.
- Issue price
- ₹214-226 per equity share
- Lot size
- 600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,383,600 shares(aggregating up to ₹99.07 Cr)
- Total issue size
- 43,83,600 shares
(aggregating up to ₹99.07 crore) - Fresh issue
- 43,83,600 shares
(aggregating up to ₹99.07 crore) - Listing at
- NSE SME
- List price
- 429.4
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Mark Corporate Advisors Private Limited, Beeline Capital Advisors Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 600 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 | 600 | ₹1,35,600 |
| Retail(max) | 1 | 600 | ₹1,35,600 |
| NII (min) | 2 | 1,200 | ₹2,71,200 |
C2C Advanced Systems IPO Reservation
C2C Advanced Systems IPO reservation details show category-wise allocation of shares. Out of the total 43,83,600 shares, approximately 19% are reserved for QIB, 14.25% for NII, 33.25% for retail investors, 5.01% for market maker, and 28.5% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 12,49,200 (28.5%) | |
| Market Maker Shares Offered | 2,19,600 (5.01%) | |
| QIB Shares Offered | 8,32,800 (19%) | |
| NII (HNI) Shares Offered | 6,24,600 (14.25%) | |
| Retail Shares Offered | 14,57,400 (33.25%) | |
| Total Shares Offered | 43,83,600 (100%) |
C2C Advanced Systems IPO Analytics
C2C Advanced Systems IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
C2C Advanced Systems IPO Subscription Status
C2C Advanced Systems IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 832,800 / 624,600 | 1,457,400 | 2,914,800 |
|
Day 1
22-11-24 06:00 PM
|
(0.53 / 26.37) x | 41.48 x | 26.54 x |
|
Day 2
25-11-24 06:00 PM
|
(6.00 / 123.23) x | 157.22 x | 106.73 x |
|
Day 3
26-11-24 06:00 PM
|
(31.61 / 233.48) x | 132.73 x | 125.43 x |
C2C Advanced Systems Valuations
Earnings
- EPS Pre IPO
- ₹10.02/-
- EPS Post IPO
- ₹11.69/-
- P/E Pre IPO
- 22.56
- P/E Post IPO
- 19.33
Returns
- RoNW
- 11.29%
- PAT Margin
- 22.51
Fundamentals
- Debt / Equity
- 0.15
- Price / Book
- 3.62
C2C Advanced Systems Financials( In Lakhs)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 8,583.51 | 1,849.78 | 903.18 |
| Revenue | 4,129.82 | 806.73 | 34.79 |
| Profit After Tax | 1,227.69 | 287.52 | -238.21 |
| Net Worth | 7,645.73 | 252.14 | -136.57 |
| Reserves & Surplus | 6,864.52 | 96.69 | N/A |
C2C Advanced Systems Company & Offer Insights
About C2C Advanced Systems
C2C Advanced Systems Limited was previously called C2C – DB Systems Private Limited and is incorporated in the year 2018. The company caters to the Indian industry that produces the defense products which have been developed indigenously. Its key competencies lie in the domains of C4I systems which would enhance the situational awareness and support effective decision making. Its competencies include AI/ML-based big data analytics, enterprise integration of real-time data from IIOT, and embedded/FPGA designs.
Four service focus segments are utilized under the digital business model. For instance: virtual supply chain that involves real-time software development by acquiring continuous and diverse data that might be captured and processed using myriad sensors with outputs that create directly actionable information
virtual logistics delivering through using various COTS electronic boards integrated as well with an engineered enclosure whose environmental settings with subsystems provide resistance.
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.
C2C Advanced Systems Promoter(s)
C2C Innovations Private Limited, PVR Multimedia Private Limited, Lakshmi Chandra, Maya Chandra, Subrahmanya Srinivasa Narendra Lanka, Kuriyedath Ramesh and Murtaza Ali Soomar are the company's promoters of C2C Advanced Systems.
C2C Advanced Systems IPO Issue Objectives
- •
- 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.
- •
- Towards fit-outs at the new premises at both Bengaluru and Dubai.
- •
- Payment of Security Deposit for the new premises at Bengaluru, Karnataka, India.
- •
- To fund the working capital requirements of the Company.
- •
- To fund expenditure towards general corporate purposes.
C2C Advanced Systems IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| C2C Advanced Systems Limited | 15.85 | 15.85 | 62.38 | 22.56 | 16.06 | 3.65 | Restated |
| Paras Defence and Space Technologies Limited | 8.77 | 8.77 | 105.87 | 116.89 | 8.29 | 9.76 | Standalone |
Notes:
- Considering the nature, range of products/services, turnover, and size of the business of the Company, the peers are not strictly comparable. However, the above Company has been included for broad comparison.
- The P/E Ratio for the peer has been computed based on the closing market capitalization of respective peers as of November 04, 2024, as divided by the profit after tax for the financial year 2024.
- RoNW is computed as net profit after tax, as attributable to the owners of the Company divided by closing net worth. Net worth has been computed as the aggregate of share capital and other equity (excluding Revaluation Reserves, if any) and as attributable to the owners of the Company.
- NAV is computed as the closing net worth divided by the closing outstanding number of equity shares. Net worth has been computed as the aggregate of share capital and other equity (excluding Revaluation Reserves, if any) and as attributable to the owners of the Company.
Contact Information
Contact Details
C2C Advanced Systems
+91 80 4372 4052
No.86, Wings of Eagles, SS Commercial Estate, Varthur Road, Nagavarapalya Main Road, C V Raman Nagar, Bengaluru - 560093
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
C2C Advanced Systems IPO is a book-built IPO worth ₹99.07 crore. The price band is ₹214–₹226 per share. The IPO opens on Nov 22, 2024 and closes on Nov 26, 2024. It will be listed on NSE SME Platform. Link Intime India Private Ltd is the registrar.
The price band of C2C Advanced Systems IPO is ₹214 to ₹226 per share.
The lot size of C2C Advanced Systems IPO is 600 shares.
The minimum investment for C2C Advanced Systems IPO is approximately ₹1,35,600 based on the upper price band .
C2C Advanced Systems IPO opens on Nov 22, 2024 and closes on Nov 26, 2024.
The allotment date of C2C Advanced Systems IPO is Nov 29, 2024.
C2C Advanced Systems IPO is expected to be listed on Dec 3, 2024, on NSE SME Platform.
C2C Advanced Systems IPO valuation snapshot: P/E 19.33, EPS ₹11.69/-, P/B 3.62, RoNW 11.29%, and market cap N/A.
To apply for C2C Advanced Systems IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of C2C Advanced Systems IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for C2C Advanced Systems IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check C2C Advanced Systems IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the C2C Advanced Systems IPO allotment status on IPO Ji for quick and easy access.