C2C Advanced Systems IPO Subscription Details

Bookbuilding IPO | ₹99 Cr | Listed at NSE SME | Fri, Nov 22, 2024 - Tue, Nov 26, 2024

Basis of Allotment - C2C Advanced Systems IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,32,80012,49,20020,82,0006,24,60014,57,40041,64,000
Allotment price (Rs.)226226226226226226
No.of applications2983723,4102,45,2442,68,691
No.of shares applied2,19,54,60012,49,2002,32,03,8009,55,83,00014,71,46,40026,59,33,200
Amount collected (Rs.cr.)496.17 28.23 524.41 2,160.18 3,325.51 6,010.09
No.of times subscribed26.361.0011.14153.03100.9763.86
No.of shares allotted8,32,80012,49,20020,82,0006,24,60014,57,40041,64,000
Amount (Rs.cr.)18.82 28.23 47.05 14.12 32.94 94.11
No.of allottees298377902,4293,256

IPO Shares Offered

C2C Advanced Systems IPO is a public issue of 0.42 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,19,6004.96 5.01%
QIB 20,82,00047.05 47.50%
    Anchor 12,49,200 28.23 28.50%
    QIB (Ex Anchor) 8,32,800 18.82 19.00%
NII* 6,24,60014.12 14.25%
Retail14,57,40032.94 33.25%
Total43,83,60099.07 100%

C2C Advanced Systems IPO Anchor Investor Allocation

A total of 12,49,200 shares at a price of Rs 226 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 21, 2024
Anchor investor price₹226.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days6,24,600
No. of shares locked-in for 90 days6,24,600
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 BENGAL FINANCE & INVESTMENT PVT.LTD. BENGAL FINANCE & INVESTMENT 2,16,000 4.88 17.29 4.93
2 J4S VENTURE FUND J4S 2,16,000 4.88 17.29 4.93
3 KINGSMAN WEALTH FUND PCC-KIF II KINGSMAN WEALTH FUND PCC 77,400 1.75 6.20 1.77
4 LC RADIANCE FUND VCC LC RADIANCE 2,28,600 5.17 18.30 5.21
5 NAV CAPITAL VCC NAV CAPITAL 1,62,000 3.66 12.97 3.70
6 NEGEN UNDISCOVERED VALUE FUND NEGEN 44,400 1.00 3.55 1.01
7 SHINE STAR BUILD-CAP PVT.LTD. SHINE STAR 2,16,000 4.88 17.29 4.93
8 AARTH AIF GROWTH FUND AARTH 88,800 2.01 7.11 2.03
12,49,20028.2310028.50

IPO Subscription FAQs

The C2C Advanced Systems IPO is subscribed 87.7476 times by Nov 26, 2024 18:20.

C2C Advanced Systems IPO Subscription

Investor Category Subscription (times)
Qualified Institutional31.6102
Non Institutional233.1268
Retail Individual132.7328
Total Subscription87.7476

Retail category of C2C Advanced Systems IPO subscribed 132.7328 times as of date Nov 26, 2024 18:20. The public issue closes on Tue, Nov 26, 2024 for bidding.

An investor can apply in C2C Advanced Systems IPO online via bank (using ASBA) or the broker (using UPI). The C2C Advanced Systems IPO shares are offered online only.

The C2C Advanced Systems IPO is subscribed 87.7476 times by Nov 26, 2024 18:20.

The C2C Advanced Systems IPO allotment status is expected on or around Friday, November 29, 2024. Visit C2C Advanced Systems IPO allotment status to check.

The C2C Advanced Systems IPO listing date is December 3, 2024. The equity share of C2C Advanced Systems IPO will list on NSE SME.

Visit C2C Advanced Systems IPO subscription status page for real-time bidding information about C2C Advanced Systems IPO.

C2C Advanced Systems IPO Timetable

IPO opens OnFriday, November 22, 2024
IPO Closes OnTuesday, November 26, 2024
Finalisation of Basis of AllotmentFriday, November 29, 2024
Initiation of RefundsMonday, December 2, 2024
Credit of Shares to Demat AccountMonday, December 2, 2024
IPO Listing DateTuesday, December 3, 2024
Open an Instant Account with Zerodha