C2C Advanced Systems IPO Details
| IPO Issue Open Date: | 22 November 2024 |
| IPO Issue Close Date: | 26 November 2024 |
| IPO Issue Price Band: | ₹214 to ₹226 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹99.07 Crores |
| Fresh Issue: | ₹99.07Crores | 43,83,600 shares |
| Offer for Sale: | ₹[.] Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | NSE SME |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹[.] per share |
C2C Advanced Systems IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
C2C Advanced Systems IPO Dates Timeline
| Issue Open Date: | 22 November 2024 |
| Issue Close Date: | 26 November 2024 |
| Basis of Allotment Date: | 27 November 2024 |
| Refunds Initiation: | 28 November 2024 |
| Shares Credit in Demat: | 28 November 2024 |
| IPO Listing Date Detail: | 29 November 2024 |
C2C Advanced Systems IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 600 shares = ₹1,35,600 |
| Retail (Max) | 1 lots and 600 shares = ₹1,35,600 |
| HNI (Min) | 2 lots and 1200 shares = ₹2,71,200 |
| B-HNI Minimum | – |
C2C Advanced Systems IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹200 | ₹90,000 | ₹- | 88% |
| 18th Nov | ₹200 | ₹90,000 | ₹- | 88% |
About C2C Advanced Systems
C2C Advanced Systems is one of the few vertically software-integrated defense intelligent platform providers catering to the indigenously developed and global defense technology industry. Their turnover has grown rapidly on a year-on-year basis between 2022-23 and the nine months ended December 31, 2023. Based on the order book this growth is likely to continue. Their offerings cater to the entire spectrum of defense and aerospace platforms – Space, Air, Land, Sea, and Autonomous Systems.
C2C Advanced Systems Company specializes in delivering bespoke software, hardware, and firmware solutions that are driven by their own Intellectual Property and third-party partners. They have a technology-led focus on the design and development of advanced systems and sub-systems. They specialize in delivering customized software and software-enabled systems that control mission-critical defense applications for military and security apparatus in India and globally.
C2C Advanced Systems IPO Strengths
- Wide Range of Products and Solutions for Defence Applications;
- Strong R&D Capabilities with a Focus on Innovation;
- Well Positioned to Benefit from the Government’s “Atmanirbhar Bharat” and ‘Make in India’ Initiatives;
- Strong Relationships with a Diverse and Global Customer Base; and
- Experienced Management Team
Objects of the IPO Issue
- Towards purchase of Fixed Assets (both hardware and software) for our existing operations and Dubai Experience Centre
- Towards Fit-outs at our new premises at Bengaluru and Experience Centre at Dubai
- Towards security deposit for our new premises at Bengaluru
- Funding working capital requirements of our Company
- General corporate purposes
C2C Advanced Systems Company Financial Report
The company reported revenue of ₹41.06 crores in 2024 against ₹8.07 crores in 2023. The company reported a profit of ₹12.28 crores in 2024 against a loss of ₹2.88 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2021 | ₹1.08 | ₹1.24 | ₹0.12 | ₹7.87 |
| 2022 | ₹0.35 | ₹2.75 | ₹2.38 | ₹9.03 |
| 2023 | ₹8.07 | ₹5.16 | ₹2.88 | ₹18.50 |
| 2024 | ₹41.30 | ₹24.70 | ₹12.28 | ₹85.84 |
| September 2024 | ₹43.25 | ₹30.16 | ₹9.73 | ₹110.58 |
C2C Advanced Systems IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | –% |
| ROCE: | –% |
| EBITDA Margin: | 45.21% |
| PAT Margin: | 29.90% |
| Debt to equity ratio: | N/A |
| Earning Per Share (EPS): | ₹15.85 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 16.21% |
| Net Asset Value (NAV): | ₹62.37 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Paras Defence and Space Technologies Limited | 8.77 | 116.89 | 8.29% | 105.87 | 232.44 Cr. |
C2C Advanced Systems IPO Registrar
Link Intime India Pvt Ltd
Phone: 91 22 4918 6200
Email: c2csme.ipo@linkintime.co.in
Website: www.linkintime.co.in
C2C Advanced Systems IPO Lead Manager
- Mark Corporate Advisors Private Limited
- Beeline Capital Advisors Private Limited
C2C Advanced Systems IPO allotment status check on Link Intime website. Click on Link Intime India Pvt Ltd to get allotment status.
Promoters of C2C Advanced Systems
- PVR Multimedia Private Limited
- Lakshmi Chandra
- Maya Chandra
- Subrahmanya Srinivasa Narendra Lanka
- Kuriyedath Ramesh
- Murtaza Ali Soomar
Company Address
C2C Advanced Systems Limited
C4, Anand Niketan, New Delhi – 110 021, India
Phone: +91 80 4372 4052
Email: compliance@c2c-as.com
Website: www.c2c-as.com