
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
Overall Subscription
125.43x
Total Demand
QIB Multiplier
31.61x
Institutions & Funds
NII / HNI
233.48x
High Net-Worth
Retail (RII)
132.73x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 832,800 | 26,325,000 | 31.61x |
| NIB | 624,600 | 145,830,600 | 233.48x |
| RETAIL | 1,457,400 | 193,444,800 | 132.73x |
| Total | 2,914,800 | 365,600,400 | 125.43x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 50 | 0.00x |
| NIB | — | 37,265 | 0.00x |
| RETAIL | — | 322,408 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for C2C Advanced Systems Limited IPO is ₹240 per equity share. Based on the upper price band of ₹214 to ₹226 per equity share, the estimated listing price is ₹466 (+106.2% expected listing gain).
With a lot size of 600 shares and current GMP of ₹240, the expected profit per application lot is approx ₹1,44,000 (+106.2% gain). Minimum application cost is approx ₹1,35,600.
The C2C Advanced Systems Limited IPO aggregate issue size is ₹99.07 Crores with an equity price band set at ₹214 to ₹226 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,35,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 125.43x (Retail: 132.73x, QIB: 31.61x, NII: 233.48x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-12-02. Investors can verify status using PAN card or application number.
C2C Advanced Systems Limited shares are scheduled to list on NSE on 2024-12-03.