Notice Date: Date: 25th Nov 2024
Dear Investor,
“We refer to the directions received from National Stock Exchange of India Limited (“NSE”), vide letter no. NSE/LIST/3837E dated November 25, 2024. Accordingly, the issuer company is giving an option to withdraw the application from this IPO. Please contact your broker/ASBA banker through whom the bid was placed. This email is to be read along with the Red Herring Prospectus dated November 11, 2024, corrigendum dated November 20, 2024, and November 24, 2024.
Procedure for withdrawal of application/bid:
Step 1: Investor to approach the Designated Intermediary for withdrawal of its application/bid;
Step 2: Designated Intermediary to acknowledge the request received from the investors;
Step 3: Designated Intermediary based on the request received to cancel the bid on the National Stock Exchange of India Limited (“NSE”) Portal;
Step 4: Designated Intermediary to receive the acknowledgement (TRS slip) received from NSE, as required.
For online applications you can contact customer care/helpline numbers of respective service providers.
We request you provide the following details of Sole / First Bidder or Applicant:
Name
Application No
PAN
Mobile No
Email ID
No of Shares applied for
Bank Name
You can also mention the details of your broker/bidder, in case you are not able to place your bid (withdrawal) on their platform.
Your reply with the above details should be addressed to us at our email, [email protected] and in the subject line please mention PAN Number of the sole / first bidder/applicant with the wording withdrawal. It should read us XXXXX1234F -Appl. No. XXXXXXXX Withdrawal request”.
In case if any further clarifications or details are required please contact on [email protected], [email protected], [email protected] and [email protected].
Last day for withdrawal of application/bids: Thursday, November 28, 2024 before 3:00 PM.
C2C IPO Update
Date: 25 Nov 2024
Sebi has asked company for three action points:
- Company to appoint Independent auditors and get an independent report of financial accounts. Co has already appointed the auditor and report will come in 2-3 days.
- Company to give option to the investors (including anchors) who are subscribing to the IPO to withdraw their applications if they want. Before share allocation will happen. No new subscription will happen.
- NSE will have a monitoring agency set up on usage of funds post listing.
IPO listing will be postponed till independent auditor submits report to NSE/SEBI.
C2C Advanced Systems IPO Subscribed over 107.59x on its second day till 05.00 PM on 25th November.
24 Responses
Hi Everyone,
Any one has any idea like when the allotment would be released and amount to be unblocked ?
Hi Gaurav,
Kindly email to the registrar.
+es
1) good opportunity to get allotment
2)co already appointed auditors and report expected in 2-3 days.
3)co is hopeful of the outcome(presumption 4) listing may got delayed maximum by one week if everything is okay
-ves.
1) listing will not happen as scheduled.
2)if the report is not in favour of the co the money will get blocked.
c2c ka koi news
Hello sir, I have applied today 10: 00 AM , what will happen if I will not cancel the IPO. Is there any chance of money loss ?
Hello Shashank,
As per the report it will react.
now the app show to apply can we apply?
Hi today i have received allotment for C2C Advanced systems and jusr read this notice
What shoukd i do now , my broker is ICICI.
Please suggest hiw to withdraw.
i apply today 11 am
Is it nessary to with draw. If not what will be the result.
Hi Munali,
Its on risk as of now, but we can not predict anything.
The GMP is noww down 100, and after allotment if it goes to rs.20 only than also u are benefiting by 12k rs.But now the question is when it will list on exchange?So till it lists you have to wait for it to sell.
Now it is upto u what u want to do mr Vijay.
If you didn’t with drawn, your amount going to be get struck
Now the ipo shows to apply can we apply?
Now it. Is showing to apply can we apply?
Hey guys is it neccessary to withdraw our application or it is just for our own will….like if i don’t cancel application please tell me is their any chances of losses if gmp is high or good or if my ipo is not allotte
GMP dipped to 100rs from 245 it’s abnormal change, if any thing happens your funds will struck
Sir when it will listed ????
When u solved this problem
What will happen if i move forward with the subscription?
Normally how many days it take to submit the audit report and response from SEBI on it?
Hi Rahul,
It will depend on the auditor that in how many days they will submit report but as the IPO already opened they might submit on priority.
Sir why nse has put a hold on listing of ipo,are there any financial irregularities?Please clarify whether I should withdraw my application.
Hi Pankaj,
The authorities will check the same as of now!
I have applied in HNI category for 1200 (2 lots), so how I can withdraw or cancel my application.
Hi Poonam,
Either you can withdraw application via your broker app or email as per the instruction shared in this notice.