
Capital Goods / Industrials · NSE
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.
Price Band
₹214 – ₹226
Issue Size
₹99.07 Cr
Lot Size
600 shares
GMP
+106.2%
Est. Listing
₹466
at current GMP
Subscribed
125.43x
overall
Open
22 Nov 2024
Close
28 Nov 2024
Allotment
2 Dec 2024
Refund
3 Dec 2024
Demat Credit
4 Dec 2024
Listing
3 Dec 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹226
Band: ₹214 – ₹226
Estimated Listing Price
₹466
Upper price + GMP
Lot Size
600 shares
Min investment ₹1,35,600
Estimated Profit / Lot
₹1,44,000
600 × ₹240
Grey Market Premium trend
+₹240
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹240 | 106.2% | ₹466 |
| 30 Oct 2026 | +₹240 | 106.2% | ₹466 |
| 29 Oct 2026 | +₹216 | 95.6% | ₹442 |
GMP is unofficial market data. Not a guarantee of listing performance.
C2C Advanced Systems Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrials sector with an aggregate issue size of ₹99.07 Crores. The shares are offered at a price band of ₹214 to ₹226 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 600 shares (approx. ₹1,35,600 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-12-04, while un-allotted funds or UPI block mandates will be released on 2024-12-03.
The latest grey market premium for C2C Advanced Systems Limited IPO is ₹240, which indicates an expected listing price of ₹466.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.