C2C Advanced Systems Ltd

C2C Advanced Systems Ltd IPO

IPO Price Range: ₹214 - 226

We are an Indian Company in the private sector which has been at the forefront of product development in mission critical applications. Our key expertise includes 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. We are the first start-up in India to foray into the Defence Sector and have delivered Combat Management Systems (CMS) for two Malaysian Naval Frigate Ships. With over 5 years of experience and an employee strength of 190, we have delivered battle proven systems and intelligent decision support systems globally.

Min Investment

₹1,35,600

IPO Size

₹99 Cr

IPO Status

Closed

Quantity in 1 Lot

600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of C2C Advanced Systems Ltd

Open Date22 Nov 2024
Close Date28 Nov 2024
Allotment Date27 Nov 2024
Listing Date29 Nov 2024

Key Statistics

Bid Opening DateBid Opening Date22 Nov 2024
Bid Closing DateBid Closing Date28 Nov 2024
Allotment DateAllotment Date27 Nov 2024
Issue SizeIssue Size₹99.07Cr
Quantity in 1 lotQuantity in 1 lot600

Strength and risks

Strength

Strength

  • Wide Range of Products and Solutions for Defence Applications.

  • Strong R&D Capabilities with a Focus on Innovation.

  • Well Positioned to Benefit from the Governments Atmanirbhar Bharat and ake in India Initiatives.

  • Strong Relationships with a Diverse and Global Customer Base.

  • Experienced Management Team.


Risk

Risk

  • Its business has a significant proportion of the company domestic revenues dependent on contracts from the GoI and associated entities including defence public sector undertakings and government organizations involved in Defence. Reprioritization of requirements based on government priorities may have a material adverse effect on its business.

  • The company depends on a limited number of customers for a significant portion of its revenue. The loss of any of its major customers due to any adverse development or significant reduction in business from its major customers may adversely affect the companys business, financial condition, results of operations and future prospects.

  • A major portion of its revenue is from projects undertaken with Government entities or agencies, contracts of which usually contain terms that favour the clients. Such project / contracts are awarded on the basis of certain pre-qualification criteria and competitive selection process and are usually in a standard form, restricting its ability to negotiate the terms and conditions. Any change in the Government policies or focus and/or the company is unable to recover payments in a timely manner, would adversely affect its business and result of operation.

  • The company is subject to strict quality requirements, customer inspections and audits, and any failures to comply with quality standards may lead to cancellation of existing and future orders and could negatively impact its reputation and the companys business and results of operations and future prospects.

  • Any failures to comply with the provisions of the contracts entered with its customers, especially the GoI Entities, could have an adverse effect on its business operations, financial conditions and results of the companys operations. Additionally, imposition of liquidated damages and invocation of performance bank guarantees / indemnity bonds by its customers could impact its results of operations and the company may faces potential liabilities from lawsuits and claims by customers in the future.

  • The company has a history of net losses in 2 out of the last 3 financial years and any losses or its inability to achieve profitability may have an adverse effect on its operations.

  • The company has significant working capital requirements. If its experience insufficient cash flows from the company operations or are unable to borrow to meet its working capital requirements, it may materially and adversely affect its business, cash flows and results of operations.

  • The amount of orders the company has received in the past, its current order book and the companys growth rate may not be indicative of the number of orders its will receive in the future.

  • If the company is unable to manage its growth effectively, its business, future financial performance and results of operations could be materially and adversely affected.

  • The company does not own its Registered Office from where the company operates.

Promoters Holding

Investors Holdings %
C2C Innovations Pvt Ltd17.13%
PVR Multimedia Pvt Ltd29.71%
Lakshmi Chandra0.05%
Maya Chandra0.22%
Subramanya Srinivasa Narendra4.09%

About C2C Advanced Systems Ltd

OrganisationC2C Advanced Systems Ltd
HeadquartersBengaluru
IndustryAerospace & Defence

Frequently Asked Questions

  • What is the size of the C2C Advanced Systems Ltd IPO?

    The size of the C2C Advanced Systems Ltd IPO is ₹99.07Cr .

  • What is 'pre-apply' for C2C Advanced Systems Ltd IPO?

    'Pre-apply' for C2C Advanced Systems 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 C2C Advanced Systems Ltd IPO order be placed?

    Your C2C Advanced Systems Ltd IPO order will be placed on 22 Nov 2024.

  • What are the open and close dates of the C2C Advanced Systems Ltd IPO?

    The open and close dates of the C2C Advanced Systems Ltd IPO are 22 Nov 2024 to 28 Nov 2024.

  • What is the lot size and minimum order quantity of the C2C Advanced Systems Ltd IPO?

    The lot size and minimum order quantity of the C2C Advanced Systems Ltd IPO are 600 and 600 respectively.

  • What would be the listing gains on the C2C Advanced Systems Ltd IPO?

    The potential listing gains on the C2C Advanced Systems Ltd IPO will depend on various market factors and cannot be predicted with certainty.