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3C IT Solutions & Telecoms (India) Ltd

3C IT Solutions & Telecoms (India) Ltd IPO

IPO Price Range: ₹52 - 52

3C IT Solutions and Telecoms (India) Limited is in the business of IT systems integration, operating for the past 8 (eight) years. The Company provides customized IT solutions to sectors such as pharmaceutical, education, banking, manufacturing, and healthcare. As an ISO 9001:2015 certified Company, it offers solutions which cater the technological requirements of its clientele. The Company has been awarded a certificate of recognition from the Department of Promotion of Industry and Internal Trade as a start-up in IT Services and IT Management, the company aims to expand project sizes and numbers while broadening service offerings. Its focus remains on developing superior solutions for untapped industry sectors.

Min Investment

₹1,04,000

IPO Size

₹11 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of 3C IT Solutions & Telecoms (India) Ltd

Open Date4 Jun 2024
Close Date7 Jun 2024
Allotment Date10 Jun 2024
Listing Date12 Jun 2024

Key Statistics

Bid Opening DateBid Opening Date4 Jun 2024
Bid Closing DateBid Closing Date7 Jun 2024
Allotment DateAllotment Date10 Jun 2024
Issue SizeIssue Size₹11.44Cr
Quantity in 1 lotQuantity in 1 lot2000

Strength and risks

Strength

Strength

  • Established and proven track record.

  • High standard of product quality and customer service.

  • Reputation.

  • Operation Methodology.

  • Offering a variety of products to meet the needs of different customers.

  • Experienced promoters and management team.


Risk

Risk

  • The Company, Promoters as well as its Directors are party to certain litigation and tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.

  • If the company fail to attract and retain highly skilled and qualified personnel, the company may not have the necessary resources to properly staff projects, and failure to successfully compete for such personnel could materially adversely affect its business, financial condition and results of operations.

  • The company faces competition in its business from organized and unorganized players, which may adversely affect its business operation and financial condition.

  • Its revenue is dependent on domestic market and the company does not have any export revenue. Any adverse changes in the conditions affecting domestic market could adversely affect its business, results of operations and financial condition.

  • The COVID-19 pandemic has had, and is expected to have, a material adverse effect on its business, financial condition, results of operations and cash flows.

  • The company is substantially reliant on procuring third-party products from a limited number of suppliers in accordance with customer demands and specifications. Failure to expeditiously augment its existing product portfolio in response to evolving industry requisites may have an adverse impact on its operational performance. The incapacity of the company suppliers to furnish these products in requisite quantities, within stipulated timeframes, and in conformity with specified quality standards and technical specifications, holds the potential to detrimentally affect its business operations and its capacity to fulfill orders punctually.

  • The company promoters, directors, key managerial personnel and senior management play key role in its functioning and the company heavily relies on their knowledge and experience in operating its business and therefore, it is critical for the company business that they remain associated with it. The loss of any key team member may adversely affect its business and result of operations.

  • The company does not own its Registered Office and have taken the same on leave and license basis. Any revocation or adverse changes in the terms of the leave and license may have an adverse effect on its business, prospects, results of operations and financial condition.

  • If the company is not successful in executing its growth strategies, its business and results of operations may suffer.

  • The restated financial statements have been provided by peer reviewed chartered accountants who are not statutory auditor of the Company.

Promoters Holding

Investors Holdings %
Ranjit Kulladhaja Mayengbam65.89%
Gangarani Devi Mayengbam6.11%

About 3C IT Solutions & Telecoms (India) Ltd

Organisation3C IT Solutions & Telecoms (India) Ltd
HeadquartersPune
IndustryIT - Software

Frequently Asked Questions

  • What is the size of the 3C IT Solutions & Telecoms (India) Ltd IPO?

    The size of the 3C IT Solutions & Telecoms (India) Ltd IPO is ₹11.44Cr .

  • What is 'pre-apply' for 3C IT Solutions & Telecoms (India) Ltd IPO?

    'Pre-apply' for 3C IT Solutions & Telecoms (India) Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my 3C IT Solutions & Telecoms (India) Ltd IPO order be placed?

    Your 3C IT Solutions & Telecoms (India) Ltd IPO order will be placed on 4 Jun 2024.

  • What are the open and close dates of the 3C IT Solutions & Telecoms (India) Ltd IPO?

    The open and close dates of the 3C IT Solutions & Telecoms (India) Ltd IPO are 4 Jun 2024 to 7 Jun 2024.

  • What is the lot size and minimum order quantity of the 3C IT Solutions & Telecoms (India) Ltd IPO?

    The lot size and minimum order quantity of the 3C IT Solutions & Telecoms (India) Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the 3C IT Solutions & Telecoms (India) Ltd IPO?

    The potential listing gains on the 3C IT Solutions & Telecoms (India) Ltd IPO will depend on various market factors and cannot be predicted with certainty.