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C2C Advanced Systems IPO Review 

C2C Advanced Systems Limited is coming up with an IPO with a fresh issue of 43,83,600 shares worth INR 99.07 crores. The company aims to fund capital expenditure, fit-outs, security deposits, working capital, and corporate purposes. 

C2C Advanced Systems IPO – Important Dates 

C2C Advanced Systems Limited IPO DateNovember 22, 2024 to November 26, 2024
C2C Advanced Systems Limited IPO Listing DateNovember 29, 2024
C2C Advanced Systems Limited IPO PriceINR 214-226 per share
C2C Advanced Systems Limited IPO Lot Size600 Shares
C2C Advanced Systems Limited IPO Total Issue SizeINR 99.07 crores 
C2C Advanced Systems Limited IPO Basis of AllotmentNovember 27, 2024
C2C Advanced Systems Limited IPO Initiation of RefundsNovember 28, 2024
C2C Advanced Systems Limited IPO Credit of Shares to DematNovember 28, 2024
C2C Advanced Systems Limited IPO Issue TypeBook Built Issue IPO
C2C Advanced Systems Limited IPO Listing AtNSE SME 

Read more about C2C Advanced Systems Limited IPO GMP

C2C Advanced Systems Limited IPO – Company Profile 

C2C Advanced Systems Limited is committed to advancing India’s defence, security, and aerospace sectors, leveraging two decades of expertise. Their success includes selling the Combat Management System to the Royal Malaysian Navy, showcasing India’s capabilities. 

With expertise in AI/ML, data analytics, and system architecture, C2C Advanced Systems specializes in retrofitting military platforms. Their innovative, intelligent solutions offer high performance, with dual-use applications for defence and civilian sectors. 

Focusing on digital transformation, C2C Advanced Systems leverages AI/ML for virtual supply chains, logistics, and maintenance, applying advancements from industry 4.0 and civilian sectors to enhance military systems and drive innovation in defence and security. 

C2C Advanced Systems Ltd IPO Fundamental Analysis 

C2C Advanced Systems Limited’s financial analysis reveals a mixed performance. Revenue has significantly increased, reflecting strong growth. Equity, liabilities, and total assets also show expansion. Profitability and EPS have improved, while RoNW has decreased slightly. 

  • Revenue Trend: The revenue increased from ₹34.69 lakhs in March 2022 to ₹804.87 lakhs in March 2023. The revenue for the current year’s 6-month period ending September 2024 is INR 4,322.37 lakhs.
  • Equity and Liabilities: Both equities and liabilities have shown a consistent increase over the periods, reflecting potential growth and expansion. 
  • Profitability: The profit after tax (PAT) has significantly increased from ₹(238.21) lakhs in March 2022 to ₹972.99 lakhs by March 2024. This improvement in profitability could be a source of confidence among investors. 
  • 4. Earnings per Share (EPS): The diluted EPS has risen from ₹(11.91) in March 2022 to ₹7.94 by September 2024, reflecting higher earnings per share for investors. 
  • Return on Net Worth (RoNW): The RoNW has reduced from 114.03% (from 31st March 2023) to 11.29% (to 30th September 2024), indicating a decrease in the company’s ability to generate returns on shareholder equity. 
  • 6. Financial Position: Total assets have increased, suggesting potential business growth. 

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C2C Advanced Systems IPO Financial Analysis 

ParticularAs of 31 March 2022As of 31 March 2023As of 30 September 2024
Revenue (₹ in lakhs)34.69804.874,322.37
Equity (₹ in lakhs)50.01252.148,618.72
Expenses (₹ in lakhs)274.58515.863,016.17
Profit and Loss After Tax (₹ in lakhs)(238.21)287.52972.99
Diluted EPS only (₹)(11.91)14.297.94
Return on Net Worth (%)Not ascertainable114.0311.29
NAV per Equity Share (₹)(27.31)16.8170.31
Total Assets (in lakhs)903.181,849.7811,058.01
Total Liabilities (in lakhs)853.171,597.642,439.29

C2C Advanced Systems Limited IPO Peer Comparison 

C2C Advanced Systems Limited demonstrates strong financial performance with solid growth in revenue, profitability, and earnings. Paras Defence and Space Technologies Limited, a more significant player, also shows positive financial metrics with consistent growth across critical areas. 

CompanyTotal Income (₹ in lakhs)Face Value per Equity Share (₹)P/E RatioEPS (Basic & Diluted) (₹)RoNW (%)NAV Rs. (per share)
C2C Advanced Systems Limited 4,129.821015.8516.0662.38
Paras Defence and Space Technologies Limited 23,243.4510116.898.778.29105.87

C2C Advanced Systems Ltd IPO Objective 

The main objective of C2C Advanced Systems Limited is to fund capital expenditure for fixed assets, fit-outs, security deposits, and working capital requirements to enhance operations in Bengaluru and Dubai. 

  1. Purchase of Fixed Assets (both hardware and software) for their existing operations and Dubai Experience Centre: The company intends to utilize INR 5.54 crore for the proposed acquisitions, covering hardware, software, servers, training materials, and equipment for the Bengaluru and Dubai experience centers, supporting IT, training, and infrastructure needs. 
  1. Towards Fit-outs at their proposed premises in Bengaluru and the proposed Experience Centre in Dubai: The company plans to utilize INR 4.58 crore for fit-outs at its Bengaluru office, including interior works, electrical installations, and HVAC systems, supporting its expansion and the creation of a new experience and training center. 
  1. Towards security deposit for the new premises at Bengaluru: The company aims to utilize INR 0.946 crores for the security deposit on a new 22,400 sq. ft premises in Whitefield, Bengaluru, to accommodate a growing staff, establish a training center, and set up another Experience Centre. 
  1. Funding working capital requirements of the company: The company will allocate INR 60 crores in working capital to support the execution of its expanding order book, including a significant order from the Malaysian Navy, and to manage new inventory and employee expenses. 
  1. General Corporate Purposes: The company will deploy the balance of funds for general corporate purposes, including business requirements, subject to a limit of 25% of the gross proceeds, with flexibility in utilization as approved by the Board. 

C2C Advanced Systems IPO Risks And Challenges 

C2C Advanced Systems Limited’s risk includes heavy dependence on GoI contracts for defence projects and a few key customers. Changes in defence budgets, policies, or customer relationships could significantly impact revenue, operations, and profitability. 

  • The company significantly depends on contracts with GoI Entities for defence and aerospace projects. Changes in defence budgets, policies, or geopolitical factors may materially impact business and profitability. 
  • The company relies heavily on a few key customers, with top customers contributing significant revenue. Loss of business from these customers could negatively impact financial performance and profitability. 

C2C Advanced Systems Ltd IPO – Industry & Market Potential 

The Indian Defence ecosystem aims for US$ 25 billion in aerospace and defence manufacturing by 2025, with US$ 5 billion in exports. The Government plans US$ 130 billion for fleet modernization over the next 5-7 years. 

India’s defence production reached Rs. 1,08,330 crore in FY23, with significant growth driven by reforms and policies like the DPEPP. The goal is Rs. 1,75,000 crore by 2025, including Rs. 35,000 crore in exports, promoting self-reliance and innovation. 

India’s defence manufacturing is transforming with MoD’s focus on indigenization, innovation, technology, and efficiency. The entry of the private sector is promising, but successful implementation of progressive policies will be crucial for future growth. 

C2C Advanced Systems Limited IPO – Type of Offer 

C2C Advanced Systems Limited is coming up with an IPO with a fresh issue of 43,83,600 shares worth INR 99.07 crores. The company aims to fund capital expenditure, fit-outs, security deposits, working capital, and corporate purposes. 

C2C Advanced Systems IPO Offer Size 

The offer size of C2C Advanced Systems Limited is INR 99.07 crores, consisting of a fresh issue of 30,60,000 shares. The company aims to fund capital expenditure, fit-outs, security deposits, working capital, and corporate purposes. 

C2C Advanced Systems Limited IPO Allotment Structure 

C2C Advanced Systems Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations. 219,600 shares are reserved for market makers. 

Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.

Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.

Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs. 

Market Maker Reservation: A portion of shares, i.e. 219,600 shares, are reserved for market makers. 

How to apply for the C2C Advanced Systems IPO?

To apply for the C2C Advanced Systems Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

  1. Check for IPO Details: Once your account is active, you can check for the C2C Advanced Systems Limited IPO details in the IPO section of the Alice Blue platform.
  2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
  3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the C2C Advanced Systems Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

How do you check C2C Advanced Systems IPO Allotment Status?

Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:

  1. Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
  2. Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
  3. Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
  4. Select the C2C Advanced Systems Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the C2C Advanced Systems Limited IPO.
  5. Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.

 If you face any issues, we request you reach out to our customer support team at Alice Blue for detailed assistance. 

 Apart from Alice Blue, there are other ways to check the allotment status of the C2C Advanced Systems Limited IPO:

Registrar’s Website: Visit the website of Link Intime India Private Limited, the registrar of the C2C Advanced Systems Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.

NSE SME: You can also check the allotment status on the official websites of the National Stock Exchange (NSE) Small Medium Exchange (SME). You would need your application number and PAN to check the status. 

Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.

C2C Advanced Systems Ltd IPO Offer Registrar

The registrar for the C2C Advanced Systems Limited IPO is Link Intime India Private Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.

Contact information for the registrar: 

Link Intime India Private Limited 

C- 101, 1st Floor, 247 Park, L.B.S Marg, 

Vikhroli (West), Mumbai – 400083,

Maharashtra, India

Telephone: +91 810 811 4949, 

Email: [email protected]

Website: www.linkintime.co.in 

C2C Advanced Systems IPO – FAQs

1. What is the allotment date of the C2C Advanced Systems IPO? 

The allotment date of the C2C Advanced Systems is November 27, 2024. 

2. What is the price band of the C2C Advanced Systems IPO? 

The price band of the issue is INR 214-226 per share. 

3. What is the size of the C2C Advanced Systems IPO? 

The offer size of C2C Advanced Systems Limited is INR 99.07 crores, consisting of a fresh issue of 30,60,000 shares. The company aims to fund capital expenditure, fit-outs, security deposits, working capital, and corporate purposes. 

4. What is the listing date of the C2C Advanced Systems IPO? 

The listing date of the C2C Advanced Systems is November 29, 2024. 

5. Where is the C2C Advanced Systems IPO Getting Listed? 

C2C Advanced Systems is getting listed on the National Stock Exchange (NSE) and the Small Medium Exchange (SME). 

6. What are the open and close dates of the C2C Advanced Systems Limited IPO? 

The open and close dates of C2C Advanced Systems Limited are November 22, 2024 and November 26, 2024. 

7. How to apply for C2C Advanced Systems Ltd IPO in Alice Blue? 

To apply for the C2C Advanced Systems Limited IPO through Alice Blue, follow these steps:

Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.

  1. Check for IPO Details: Once your account is active, you can check for the C2C Advanced Systems Limited IPO details in the IPO section of the Alice Blue platform.
  2. Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
  3. Submit the Application: Confirm all your details and submit your application.

 You can apply for the C2C Advanced Systems Limited IPO at Alice Blue in just a few clicks!

Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.

Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.

8. Who Are The Book Runners for the C2C Advanced Systems IPO? 

The Book Runners for the C2C Advanced Systems are Mark Corporate Advisors Private Limited and Beeline Capital Advisors Private Limited. 

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