C2C Advanced Systems IPO subscribed overall 125.35 times on the last day, while a retail quota was subscribed 132.73 times and QIB was 31.61% and NII 233.13% respectively.
Details About C2C Advanced Systems’s IPO
C2C Advanced Systems got approval from SEBI for an IPO of ₹99.07 CR to raise funds and maintain financial stability. This IPO was a combination of fresh issues of ₹99.07 Cr. The face value of each share was Rs 10. Moreover, the company has set up a price band between ₹214 to ₹226 per share. In this IPO total of 600 shares were available in 1 lot size for the minimum Retail category and maximum as well. While S- HNI total of 1,200 shares in 2 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,35,600
- SHNI (S-HNI): Minimum investment of ₹271200.
Subscription duration of C2C Advanced Systems
This IPO started on November 22, 2024, and closed on November 26, 2024. The investor’s allotment date was November 29, 2024, and they received a refund on December 2, 2024.
Funds Deployment of This Company
- Towards the purchase of Fixed Assets (both hardware and software) for our existing operations and Dubai Experience Centre
- Towards Fit-outs at our new premises in Bengaluru and Experience Centre in Dubai
- Towards security deposit for our new premises at Bengaluru
- Funding working capital requirements of our Company
- General corporate purposes
About C2C Advanced Systems Company
C2C Advanced Systems is India a leading player in the domain of cutting-edge technology systems for the defense, security, and aerospace sectors. It is a pre-eminent domain agnostic technology company focused on “Intelligent Platform” as a very unique position to dominate this space. They have a technological advantage over their existing competitors, as reflected in their higher margins and globally competitive offerings. The company has expertise in all types of architecture design, data acquisition, data analytics, and modeling. They have a good and latest expansion strategy to build their next domain in “Digital transformation” which is based on sensors in applications such as Industry 4.0 and transportation. They have proven them in the success of selling and executing their “Combat Management System” (CMS) to the Royal Malaysian Navy against stiff competition from most established global Platform players is a testament to their capabilities.
C2C Advanced Systems Company’s Financial Background
The company reported revenue of ₹41.06 crore in 2024 against ₹8.07 crore in 2023. The company reported a profit of ₹12.28 crores in 2024 against a profit of ₹2.88 crores in 2023.
