The C2C Advanced Systems Limited IPO has garnered attention due to its focus on advanced systems and technology, offering potential investors a stake in the tech-driven industrial solutions sector. Here’s a comprehensive look at the IPO details, the company background, and financial projections.
IPO Details for C2C Advanced Systems Limited
- IPO Opening Date: November 22, 2024
- IPO Closing Date: November 26, 2024
- Listing Date: November 29, 2024
- Price Band: ₹214.00 to ₹226.00 per share
- Lot Size: 600 shares per lot
- Total Issue Size: ₹99.07 Crores
- Exchange: NSE SME
Company Background: C2C Advanced Systems Limited
C2C Advanced Systems Limited has established itself as a reliable provider of advanced industrial and communication systems. Its reputation is built on high-quality solutions tailored for industries including manufacturing and defense, with a focus on operational efficiency and technological innovation. The IPO aims to raise funds for further expansion, particularly in production, R&D, and reducing financial liabilities.
Objectives of the IPO
The main objectives of C2C Advanced Systems Limited IPO are:
- Expansion of Production Facilities: To meet increasing demand.
- Debt Reduction: Strengthening its financial standing by reducing debt.
- Investment in R&D: Developing new, advanced solutions to remain competitive.
- Market Expansion: Extending its reach both domestically and internationally.
Financial Performance and Predictions
- Revenue (Last FY): ₹75 Crores
- Profit (Last FY): ₹10 Crores
- Year-over-Year Growth: 20%
| Year | Predicted Share Price (INR) |
|---|---|
| 2024 | ₹230 |
| 2025 | ₹270 |
| 2026 | ₹310 |
| 2027 | ₹350 |
| 2028 | ₹400 |
| 2029 | ₹450 |
| 2030 | ₹500 |
These forecasts suggest a steady increase, underpinned by the company’s expansion and innovation plans.
Subscription and Grey Market Premium (GMP) Details
| Category | Subscription Status |
|---|---|
| Retail Investors | 1.20x |
| Qualified Institutional Buyers (QIB) | 2.5x |
| Non-Institutional Investors (NII) | 1.75x |
- GMP for C2C Advanced Systems Limited IPO: ₹35 (at the time of this analysis)
- Expected Listing Price: ₹250 – ₹260 per share
The subscription levels and GMP reflect significant interest from investors, indicating strong potential for listing performance.
Conclusion: Is C2C Advanced Systems Limited IPO a Good Investment?
The C2C Advanced Systems Limited IPO represents an attractive investment opportunity for those looking into the advanced tech sector. With its strong financial position, expansion goals, and innovative focus, C2C Advanced Systems has a promising outlook. However, investors should always consider market conditions and risk tolerance before making a decision.
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