Markets / IPO / C2C Advanced Systems

C2C Advanced Systems IPO

Updated 00:55

SME IPO on NSE Emerge · Aerospace & Defense

Status

Listed

Price band

₹214–226

Lot size

600 shares · ₹1,35,600

Subscribed

–

How it listed

Issue price

₹226

Listing price (open)

₹429.40 +90.00%

First-day close

₹450.85 +99.49%

Price now

₹150.95 -33.21%

Listing day	3 Dec 2024
Open / high / low / close	₹429.40 / ₹450.85 / ₹429.40 / ₹450.85
Shares traded on NSE	6,36,600
Market value at the listing-day close	₹765 cr

Closing prices since listing: 26 Oct ₹139.90, 27 Oct ₹149.30, 28 Oct ₹145.65, 29 Oct ₹141.95, 30 Oct ₹137.00, 2 Nov ₹140.50, 3 Nov ₹137.50, 4 Nov ₹141.80, 5 Nov ₹157.60, 6 Nov ₹152.55.

C2C Advanced Systems share price, live chart and technicals →

Key dates

Bidding opens	22 Nov 2024
Bidding closes	26 Nov 2024
Allotment	27 Nov 2024
Refunds and shares in demat	28 Nov 2024
Listing	3 Dec 2024

Lot size by investor type

Application	Lots	Shares	Amount
Individual investor (minimum)	1	600	₹1,35,600
HNI (minimum)	2	1,200	₹2,71,200

At ₹226 a share. In SME IPOs individuals must bid for at least 1 lots.

Subscription

Investor category	Shares bid for
Institutions (QIB)	2,63,25,000
HNI / NII	14,58,30,600
Retail	19,34,44,800
Total	36,56,00,400

NSE does not publish the shares offered to each category for this issue, so times subscribed cannot be shown. NSE and BSE bids together, as of 26 Nov 2024 19:00.

Applications from individual investors

3,22,408 applications in the individual investors' category.

NSE does not publish the shares set aside for this category for SME issues, so the chance of allotment cannot be worked out exactly. Winners are picked by lottery.

Demand at each price

Top price ₹226	2,431.97 lakh shares	66.5%
Cut-off final price, whatever it is; mostly retail	1,218.16 lakh shares	33.3%
Lower prices ₹214–225	5.87 lakh shares	0.2%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	21 Nov 2024
Anchor shares	12,49,200
Raised from anchors	₹28.23 cr
Lock-in ends for the first 50% (30 days)	26 Dec 2024
Lock-in ends for the remaining 50% (90 days)	24 Feb 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹383 cr	₹256 cr
P/E (last 12 months' profit)	20.9	14.0

Revenue, last 12 months	₹146 cr
Profit, last 12 months	₹18 cr
Return on equity	7.8%
Debt to equity	0.19

From results the company filed with NSE (latest period to 31 Mar 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Aerospace & Defense

Company	Listed	Subscribed	On listing	Since IPO
Apsis Aerocom SME	18 Mar	–	+39.09%	+325.45%

IPO details

Price band	₹214–226
Final issue price	₹226
Lot size	600 shares
Minimum investment	₹1,35,600 (1 lot)
Market	NSE Emerge (SME)
Issue type	100 % Book Building
Face value	₹10
Industry	Aerospace & Defense
Issue size	₹99.07 crore (about 43.84 lakh shares) · Fresh issue only
ISIN	INE0U7V01015
Registrar	Link Intime India Private Limited Helpline: 91 22 4918 6200, c2csme.ipo@linkintime.co.in
Lead managers	Mark Corporate Advisors Private Limited and Beeline Capital Advisors Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 27 Nov 2024. Check it on the registrar's page (Link Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the C2C Advanced Systems IPO price band and lot size?

The price band is ₹214–226 per share, and one lot is 600 shares (₹1,35,600 at the upper price).

When is the C2C Advanced Systems IPO allotment date?

Allotment was finalised on 27 Nov 2024, the next working day after bidding closed on 26 Nov 2024.

How many times was the C2C Advanced Systems IPO subscribed?

Subscription figures are not available yet.

What is the C2C Advanced Systems IPO listing date?

It listed on 3 Dec 2024 on NSE Emerge (SME).

When does the C2C Advanced Systems anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 26 Dec 2024 and the 90-day lock-in on the rest ends on 24 Feb 2025; they can sell from the next trading day.

What was the C2C Advanced Systems listing gain?

It opened at ₹429.40 against an issue price of ₹226, a gain of 90.00%. It is now down 33.21% from the issue price.