C2C Advanced Systems Limited

22 Nov 2024 - 26 Nov 2024 Individual Category IPO NSE

Min Investment

₹135600

Price Band

₹214-₹226

Issue Size

31.34 lakhs
Equity Shares

Lot Size

600

IPO Dates
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22 Nov 2024

Open Date

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26 Nov 2024

Close Date

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29 Nov 2024

Allotment Date

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03 Dec 2024

Listing Date

C2C Advanced Systems IPO subscription opens on Friday, November 22, 2024, and closes on Tuesday, November 26, 2024. It is a book-built issue of worth up to Rs 99.07 crores of equity shares. This upcoming IPO is an entirely fresh issue of 43.83 lakh equity shares.

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About C2c Advanced Systems Limited

C2C Advanced Systems Limited, incorporated in 2018 (previously C2C – DB Systems Private Limited), is a leading defence electronics solutions provider in India, focusing on indigenously developed defence products. Specializing in C4I systems, AI/ML-driven big data analytics, IIOT enterprise integration, and embedded/FPGA designs, the company supports the defence sector with advanced situational awareness and decision support tools. C2C Advanced Systems' business model emphasizes four primary services: Virtual Supply Chain for actionable sensor data, Virtual Logistics with ruggedized COTS components, Virtual Maintenance for real-time data integration, and AI/ML applications in all product lines. Key offerings include Combat Management Systems, C4I Systems, Anti-Drone Command Systems, Air Defence Subsystems, and Integrated Management Systems.

Founded

2018

Managing Director

Lakshmi Chandra

Parent Organization

IPO Objectives

The company plans to utilize the Net Proceeds from the issue to fund capital expenditure for purchasing fixed assets, including hardware and software, for its existing operations, which involve upgrading the current Experience Centre and setting up a new Training Centre in Bengaluru, as well as establishing an Experience Centre in Dubai. The funds will also be used for fit-outs at the new premises in both Bengaluru and Dubai, to cover the security deposit for the new Bengaluru premises, to meet working capital requirements, and for general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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