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Open
22 Nov 2024
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Close
26 Nov 2024
3
Allotment
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Listing
Tue, Dec 3, 2024
Price Band
₹214 to ₹226
Issue Size
43,83,600 shares (agg. up to ₹99 Cr)
Lot Size
600 Shares
Listing Date
Tue, Dec 3, 2024
Latest GMP
₹240
Est. Gain
106.19%
✦ AI Insight
GMP Trend
03-12-2024₹240Est. ₹466+106.19%
02-12-2024₹240Est. ₹466+106.19%
01-12-2024₹195Est. ₹421+86.28%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 63.86x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 110.58 | 85.84 | 18.50 | 9.03 |
| Total Income | 43.25 | 41.30 | 8.07 | 0.35 |
| Profit After Tax | 9.73 | 12.28 | 2.88 | -2.38 |
| NET Worth | 86.19 | 76.46 | 2.52 | -1.37 |
| Reserves and Surplus | 68.65 | 0.97 | ||
| Total Borrowing | 13.29 | 9.45 | 5.55 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Techera Engineering (India) Ltd. | SME | ₹35.90 Cr | ₹82 | 20.65 | ₹131.25 | +60.06% | ₹164.65 (+0.64%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure towards purchase of fixed assets (both hardware and software) for our 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 | 14.73 |
| 2 | Towards fit-outs at the new premises at Bengaluru | 4.58 |
| 3 | Payment of Security Deposit for the new premises at Bengaluru | 1.60 |
| 4 | To fund the working capital requirements of the Company; and | 46.00 |
| 5 | To fund expenditure towards general corporate purposes. | 24.71 |
| Total | 91.62 |
About C2C Advanced Systems IPO
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
Contact Details
C2C Advanced Systems Ltd. AddressNo.86, Wings of Eagles, SS Commercial EstateVarthur Road, Nagavarapalya Main RoadC V Raman NagarBengaluru, Karnataka, 560093+91 80 4372 4052compliance@c2c-as.comVisit Website