| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹99.07 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹99.07 Cr |
| Fresh Issue | ₹94.11 Cr |
| Face Value | βΉ10 Per Equity Share |
| Price Band | βΉ214.00-226.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | C2C |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 600 shares and in multiples thereof
C2C Advanced Systems Limited, formerly known as C2C β 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:
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:
As of October 30, 2024, the company employed 190 employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ 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 |
| 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 | ||||
| KPI | Sep 30, 2024 |
|---|---|
| Debt / Equity | 0.15% |
| RoNW | 11.29% |
| PAT Margin | 22.51% |
| Price to Book Value | 3.62 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 10.02 | 11.69 |
| P/E (x) | 22.56 | 19.33 |
| Promoter Holding | 55.29% | 40.73% |
| Market Cap | βΉ376.09 Cr. | |