C2C Advanced Systems Limited
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₹240(106.19%)
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C2C Advanced Systems Limited's has transitioned to a publicly listed entity following its IPO debut on Dec 03, 2024 at the NSE exchange. The public offering successfully raised 43,83,600 Shares, consisting of 43,83,600 Sharesin new capital.
The IPO featured a competitive price range of ₹214 to ₹226 and minimum application size of 600 shares. Market reception was evidenced through subscription activity between Nov 22, 2024 and Nov 28, 2024, reflecting investor appetite for the offering.
Allotment of shares was completed on Dec 02, 2024, distributing equity to successful applicants. The listing marked the beginning of the company's journey as a publicly traded corporation, subject to market dynamics and regulatory oversight.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
C2C Advanced Systems Limited, founded in 2018, is a defense electronics solutions provider that develops advanced, indigenous technology products for India’s defense sector. The company focuses on C4I systems, big data analytics using AI/ML, integration of real-time IIOT data, and embedded/FPGA designs. Its four main service areas include Virtual Supply Chain, Virtual Logistics, Virtual Maintenance, and AI/ML solutions, which help defense clients improve operational awareness, decision making, and system performance in tough environments. The company offers multiple products such as Combat Management Systems, Anti-Drone C2 systems, Air Defense Subsystems, and integrated vessel management solutions, and had 190 employees as of October 30, 2024.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Product Range: Provides advanced defense systems like CMS and anti-drone solutions.
- Strong R&D: Develops cutting-edge tech with AI/ML focus.
- Strategic Advantage: Benefits from Atmanirbhar Bharat and global customer reach.
- Govt Dependency: Heavy reliance on government defense contracts makes revenue sensitive to policy changes.
- Customer Concentration: Losing major clients could impact revenue and growth.
- Cash Flow Strain: Long receivable/payable cycles may affect liquidity and operations.
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