C2C Advanced Systems
IPO Timeline
Issue open date
22 Nov 2024Issue close date
26 Nov 2024UPI mandate deadline
26 Nov 2024Allotment finalization
27 Nov 2024Refund initiation
27 Nov 2024Share credit
28 Nov 2024Listing date
29 Nov 2024Mandate end date
11 Dec 2024Lock-in end date for anchor investors (50%)
27 Dec 2024Lock-in end date for anchor investors (remaining)
25 Feb 2025Key Dates
Quick Stats
About the Company
C2C Advanced Systems Limited, founded in 2018, is a defense electronics solutions provider specializing in indigenously developed products for air and sea defense platforms in India. The company offers solutions such as processors, power systems, radars, embedded software, and firmware, with in-house expertise in design, prototyping, testing, and validation. Key strengths include C4I systems, AI/ML-driven analytics, enterprise data integration, and embedded designs, enabling custom solutions. Its business model focuses on digital transformation, including real-time virtual supply chains, engineered enclosures, and AI/ML technologies. A major achievement is delivering the Combat Management System to the Royal Malaysian Navy, demonstrating its global competitiveness. The company also excels in modernizing legacy systems for the Indian military and exploring applications in Industry 4.0 and transportation, leveraging innovations that meet rigorous military standards.
Strengths
- Wide range of products and solutions for defense applications
- Expertise in C4I systems and AI/ML-based analytics
- Strong focus on R&D and innovation in the defense sector
- Alignment with “Atmanirbhar Bharat” and “Make in India” policies
- Ability to manufacture items from the import embargo list
- Diverse global customer base and strong client relationships
- Focus on high-quality, competitively priced products and services
Risks
- High reliance on Government contracts for domestic revenue
- Dependence on limited customers for a significant revenue portion
- Loss or reduction of major customers could affect operations
- High trade receivables and payables days strain liquidity position
- History of net losses impacts financial stability and operations
- Inability to innovate may reduce competitiveness and business growth
C2C Advanced Systems IPO – Frequently Asked Questions
- The price band for the C2C Advanced Systems IPO is set at ₹214 to ₹226 per share.
- The C2C Advanced Systems IPO opens on November 22, 2024 and closes on November 26, 2024.
- The tentative listing date for the C2C Advanced Systems IPO is December 3, 2024.
- You can apply for the C2C Advanced Systems IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose C2C Advanced Systems, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the C2C Advanced Systems IPO is 600 shares. Investors must apply for at least one lot (i.e., 600 shares).