C2C Advanced Systems IPO Details: The C2C Advanced Systems IPO is set to open on November 22, 2024, and will close on November 26, 2024. This IPO follows a Book Built Issue format, aiming to raise approximately ₹99.07 crores. The offering includes a fresh issue amounting to ₹99.07 crores, along with an offer for sale of up to [.] equity shares, each with a face value of ₹10.
The IPO price band is set between ₹214 and ₹226 per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-worth Individuals (HNIs). The shares are expected to list on the NSE on November 29, 2024, with the allotment scheduled for November 27, 2024.
In terms of financial performance, C2C Advanced Systems reported a revenue of ₹41.06 crores in 2024, a significant increase from ₹8.07 crores in 2023. The company also saw a jump in profit, rising to ₹12.28 crores in 2024 from ₹2.88 crores in 2023. Given this strong financial growth, investors might consider this IPO a promising opportunity for long-term investment.
C2C Advanced Systems IPO 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 Review (Apply or Not)
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C2C Advanced Systems IPO Date & Price Band Details:
| IPO Open Date: | November 22, 2024 |
| IPO Close Date: | November 26, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹214 to ₹226 Per Share |
| Issue Size: | Approx ₹99.07 Crores |
| Fresh Issue: | Approx ₹99.07 Crores, 43,83,600 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
C2C Advanced Systems IPO Lot Size:
The minimum market lot for the C2C Advanced Systems IPO is 600 shares, requiring an application amount of ₹1,35,600.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 600 | ₹1,35,600 |
| Retail Maximum | 1 | 600 | ₹1,35,600 |
| HNI Minimum | 2 | 1,200 | ₹271200 |
C2C Advanced Systems IPO Timeline:
The C2C Advanced Systems IPO will open on November 22, 2024, and close on November 26, 2024. The allotment will be finalized on November 27, 2024, with the shares expected to be listed on November 29, 2024.
| IPO Open Date: | November 22, 2024 |
| IPO Close Date: | November 26, 2024 |
| Basis of Allotment: | November 27, 2024 |
| Refunds: | November 28, 2024 |
| Credit to Demat Account: | November 28, 2024 |
| IPO Listing Date: | November 29, 2024 |
C2C Advanced Systems IPO GMP Today:
The latest Grey Market Premium (GMP) for the C2C Advanced Systems SME IPO is ₹220. With the upper price band set at ₹226, the estimated listing price for the IPO is ₹446 (cap price + today’s GMP). This indicates an expected potential gain of 97.35% per share.
Promoters of C2C Advanced Systems
The promoters of C2C Advanced Systems include C2C Innovations Private Limited, PVR Multimedia Private Limited, Lakshmi Chandra, Maya Chandra, Subrahmanya Srinivasa Narendra Lanka, Kuriyedath Ramesh, and Murtaza Ali Soomar.
About C2C Advanced Systems
C2C Advanced Systems is a leading player in India’s cutting-edge technology sector, specializing in defense, security, and aerospace solutions. The company stands out as a domain-agnostic technology firm, with a unique focus on “Intelligent Platforms” that positions them to dominate their field. Leveraging their technological advantages, C2C Advanced Systems offers globally competitive products and services, reflected in their higher margins. The company excels in various areas, including architecture design, data acquisition, analytics, and modeling.
C2C Advanced Systems is strategically expanding into “Digital Transformation,” with a focus on sensors for applications such as Industry 4.0 and transportation. Their success in selling and executing the “Combat Management System” (CMS) to the Royal Malaysian Navy, despite competition from established global players, further highlights their capabilities.
C2C Advanced Systems’ business model in Digital Transformation revolves around four key areas:
- Virtual supply chain
- Virtual logistics
- Virtual maintenance
- The application of AI/ML technologies across all offerings, as well as standalone product development and engineering
C2C Advanced Systems Company Financial Report
The company reported revenue of ₹41.06 crores in 2024 against ₹8.07 crore in 2023. The company reported profit of ₹12.28 crores in 2024 against profit of ₹2.88 crores in 2023.
Amount ₹ in Crores
| Year | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹1.08 | ₹1.24 | ₹0.12 | ₹7.87 |
| 2022 | ₹0.35 | ₹2.75 | ₹2.38 | ₹9.03 |
| 2023 | ₹8.07 | ₹5.16 | ₹2.88 | ₹18.50 |
| 2024 | ₹41.30 | ₹24.70 | ₹12.28 | ₹85.84 |
| September 2024 | ₹43.25 | ₹30.16 | ₹9.73 | ₹110.58 |
C2C Advanced Systems IPO Valuation – FY2024
Check C2C Advanced Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 45.21% |
| PAT Margin: | 29.90% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | ₹15.85 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.21% |
| Net Asset Value (NAV): | ₹62.37 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Paras Defence and Space Technologies Limited | 8.77 | 116.89 | 8.29 | 105.87 | 232.44 Cr. |
C2C Advanced Systems IPO Registrar
Link Intime India Pvt Ltd
Telephone: 91 22 4918 6200
Email: c2csme.ipo@linkintime.co.in
Website: www.linkintime.co.in
IPO Lead Managers aka Merchant Bankers
- Mark Corporate Advisors Private Limited
- Beeline Capital Advisors Private Limited
Company Address
C2C Advanced Systems Limited
C4, Anand Niketan, New Delhi – 110 021, India
Phone: +91 80 4372 4052
E-mail: compliance@c2c-as.com
Website: www.c2c-as.com
C2C Advanced Systems IPO FAQs
What is the C2C Advanced Systems IPO?
The C2C Advanced Systems IPO is an SME offering, through which the company aims to raise ₹99.07 crores. The price range for the IPO is ₹214 to ₹226 per equity share, and the shares will be listed on the NSE.
When will the C2C Advanced Systems IPO open for subscription?
The IPO will open for subscription on November 22, 2024, for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Investors. The IPO will close on November 26, 2024.
What is the investor portion for the C2C Advanced Systems IPO?
The allocation for the IPO is as follows: 50% for QIBs, 15% for NIIs, and 35% for Retail Investors.
How can I apply for the C2C Advanced Systems IPO?
You can apply for the C2C Advanced Systems IPO online through the ASBA (Applications Supported by Blocked Amount) facility via your bank account or UPI through your stockbroker. Alternatively, you can apply offline by filling out a form with your stockbroker.
What is the issue size of the C2C Advanced Systems IPO?
The issue size of the C2C Advanced Systems IPO is ₹99.07 crores.
What is the price band for the C2C Advanced Systems IPO?
The price band for the C2C Advanced Systems IPO is ₹214 to ₹226 per share.
What is the lot size for the C2C Advanced Systems IPO?
The minimum bid for the C2C Advanced Systems IPO is 600 shares, requiring an application amount of ₹1,35,600.
What is the allotment date for the C2C Advanced Systems IPO?
The IPO allotment date is November 27, 2024.
What is the listing date for the C2C Advanced Systems IPO?
The C2C Advanced Systems IPO is expected to list on the NSE on November 29, 2024.
