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C2C Advanced Systems Ltd. IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹226
Issue Price
₹226
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹226
GMP based
Lot Size
600
shares / lot
Min Amount
₹135,600
1 lot · 600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
22 Nov 2024
Fri Completed
Done
Close Date
26 Nov 2024
Tue Completed
Done
Allotment
29 Nov 2024
Fri Completed
Done
Refund
02 Dec 2024
Mon Completed
Done
Demat Credit
02 Dec 2024
Mon Completed
Done
Listing Date
03 Dec 2024
Tue Completed
UPI Deadline: 26 Nov 2024
Issue Details
Pricing & Size
Issue Price
₹226 Face ₹10
Lot Size
600 shares
Min Investment
₹135,600
Total Issue Size
43,83,600 shares (aggregating up to ₹99.07 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,19,600 (5.01%)
QIB Portion
20,82,000 (47.50%)
NII / HNI
6,24,600 (14.25%)
Retail
14,57,400 (33.25%
Employee
-
Net Offer to Public
41,64,000 shares (aggregating up to ₹94.11 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,22,57,568 shares
Post-Issue Shareholding
1,66,41,168 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 600 ₹1,35,600
HNI / NII 2 1200 ₹2,71,200
Objects of Issue
5 objectives
1
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.
2
Towards fit-outs at the new premises at both Bengaluru and Dubai.
3
Payment of Security Deposit for the new premises at Bengaluru, Karnataka, India.
4
To fund the working capital requirements of the Company.
5
To fund expenditure towards general corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
Mark Corporate Advisors Pvt.Ltd.
Beeline Capital Advisors Pvt.Ltd.
Market Maker
Spread X Securities Pvt.Ltd.
IPO Timeline
Open
22 Nov
✓ Done
Close
26 Nov
✓ Done
Allotment
29 Nov
✓ Done
Listing
03 Dec
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
c2csme.ipo@linkintime.co.in
Company Contact
Email
compliance@c2c-as.com
Phone
+91 80 4372 4052
Address
No.86, Wings of Eagles, SS Commercial Estate Varthur Road, Nagavarapalya Main Road C V Raman Nagar Bengaluru, Karnataka, 560093
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹226
Est. Listing
₹226
Lot Size
600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
C2C Advanced Systems Ltd. LIVE
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| Price
Market Reference
IPO Issue Price
₹226
GMP
+₹0 (+0%)
GMP Est. Listing
₹226
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 20,82,000 (47.50%) ₹4,705.32 Cr
NII / HNI (Total) 6,24,600 (14.25%) ₹1,411.60 Cr
Retail Investors 14,57,400 (33.25% ₹3,293.72 Cr
Total ** 43,83,600 (100.00%) ₹99,069.36 Cr
Market Maker * 2,19,600 (5.01%) ₹49.63 Cr
* Based on ₹226.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
20,82,000 (47.50%)
NII
6,24,600 (14.25%)
Retail
14,57,400 (33.25%
Market Maker
2,19,600 (5.01%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Sep 202431 Mar 202431 Mar 2023
Revenue4324.974129.82806.73
PAT972.991227.69287.52
EBITDA
Net Worth8618.727645.73252.14
Total Assets11058.018583.511849.78
Reserves6864.5296.69
Borrowings1329.02944.74
Key Financial Ratios
11.29%
RONW
Return on Net Worth
22.51%
PAT Margin
PAT / Revenue
0.15
D/E Ratio
Debt to Equity
3.62
P/BV
Price to Book Value
10.02
Pre EPS
EPS Pre-Issue
11.69
Post EPS
EPS Post-Issue
22.56
Pre P/E
P/E Pre-Issue
19.33
Post P/E
P/E Post-Issue
About C2C Advanced Systems Ltd.

C2C Advanced Systems Limited, formerly known as C2C – DB Systems Private Limited, incorporated in 2018, is a vertically integrated defense electronics solutions provider catering to the indigenously developed defense products industry in India. The company's core competencies include C4I systems for effective situational awareness and decision support, AI/ML based big data analytics, enterprise integration of real-time data from IIOT, and embedded/FPGA designs.

The company's business model for digital transformation focuses on four main services:

  • Virtual Supply Chain: The company provides software development based on real-time and continuous data provided by various sensors, generating usable data that is immediately actionable.
  • Virtual logistics: The company delivers using commercial off-the-shelf (COTS) electronic boards and complex engineering to integrate and deliver in an engineered enclosure that can withstand harsh environmental conditions (subsystems)
  • 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.

Competitive strengths:

  • A broad range of products and solutions for defense applications
  • Strong R&D capabilities with a focus on innovation
  • Well positioned to benefit from the government initiatives “Atmanirbhar Bharat” and "Make in India"
  • Strong relationships with a diverse and global customer base
  • Experienced management team

As of October 30, 2024, the company employed 190 employees.

Frequently Asked Questions
What is the issue price of C2C Advanced Systems Ltd. IPO?
The issue price of C2C Advanced Systems Ltd. IPO is ₹226 per share, face value ₹10.
What is the lot size?
Minimum lot size is 600 shares, requiring ₹135,600.
What are the IPO dates?
Opens 22 Nov 2024, closes 26 Nov 2024.
When is the listing date?
Tentative listing: 03 Dec 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹226 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

C2C Advanced Systems Ltd. IPO · Expected 29 Nov 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
29 Nov 2024
Refund Initiation
02 Dec 2024
Demat Credit
02 Dec 2024
Listing Date
03 Dec 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹226
Face ₹10
Lot Size
600
shares / lot
Min Amount
₹135,600
1 lot
Est. Listing
₹226
GMP +₹0
Key Dates
Open
22 Nov Done
Close
26 Nov Done
Listing
03 Dec Done
Registrar
MUFG Intime India Pvt.Ltd
A
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