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C2C Advanced Systems IPO: Key Dates, Details, and Objectives

C2C Advanced Systems IPO: Key Details

C2C Advanced Systems, an Indian leader in defense, security, and aerospace technology, is launching its IPO on the NSE SME platform.


Key Dates

EventDate
IPO Open DateNovember 22, 2024
IPO Close DateNovember 26, 2024
Allotment DateNovember 27, 2024
Refund November 28, 2024
Listing DateNovember 29, 2024

IPO Details

  • Issue Size: ₹99.07 crores (approx.)
  • Price Band: ₹214 to ₹226 per share
  • Face Value: ₹10 per equity share
  • Listing Platform: NSE SME
  • Retail Quota: 35%
  • QIB Quota: 50%
  • HNI Quota: 15%
  • Minimum Application Lot Size: 600 shares
  • Minimum Application Amount: ₹135,600
  • Registrar: Link Intime India Pvt Ltd
  • Lead Managers:
    • Mark Corporate Advisors Private Limited
    • Beeline Capital Advisors Private Limited

About C2C Advanced Systems

C2C Advanced Systems specializes in cutting-edge technologies for defense, security, and aerospace, positioning itself as a domain-agnostic technology company with expertise in:

  • Architecture design
  • Data acquisition and analytics
  • AI/ML applications

Achievements:

  • Delivered Combat Management Systems to the Royal Malaysian Navy.
  • Expanding into Digital Transformation for Industry 4.0 with a focus on virtual supply chain, logistics, and maintenance.

Financial Highlights

YearRevenue (₹ Cr)Profit After Tax (₹ Cr)
20238.072.88
202441.0612.28

Objects of the IPO

Proceeds will be used for:

  • Procuring hardware and software for operations.
  • Developing fit-outs for new Bengaluru premises and Dubai Experience Centre.
  • Working capital and general corporate purposes.

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