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C2C Advanced Systems IPO GMP: Unlisted shares of C2C Advanced Systems Ltd were trading at Rs 471 each in the grey market, which is a big Rs 245 or 108.41 percent over the problem cost of Rs 226 per share.
C2C Advanced Systems IPO.
C2C Advanced Systems IPO: The going public of support electronic devices services company C2C Advanced Systems, which was opened up on November 22, has actually obtained a massive over 106 times membership until now. Till 5:00 pm, the Rs 99.07-crore SME IPO got quotes for 31,11,36,000 shares as compared to the 29,14,800 shares available.
The IPO will certainly be shut on November 26. Its cost band has actually been taken care of in the variety of Rs 214 to Rs 226 each.
So much, the retail financiers’ classification got a 157.38 times membership, while the non-institutional financiers (NII) part obtained subscribed by 122.91 times. Its QIB classification got a 6.00 times membership.
C2C Advanced Systems IPO Listing To Be Postponed
Though the C2C Advanced Systems IPO listing was arranged to occur on the NSE SME on November 29, the listing will certainly be delayed after markets regulatory authority Sebi has actually asked the business to assign an independent auditor, according to a Moneycontrol record mentioning individuals well-informed. It stated that the listing can occur after the auditor sends its record to NSE or SEBI.
C2C Advanced Systems IPO GMP Today
According to market viewers, unpublished shares of C2C Advanced Systems Ltd were trading at Rs 471 each in the grey market on Monday, which was a big Rs 245 or 108.41 percent over the problem cost of Rs 226 per share. The big Rs 245 GMP shows a smash hit listing of the IPO.
The GMP is based upon market views and maintains transforming. ‘Grey market premium’ shows financiers’ preparedness to pay greater than the problem cost.
C2C Advanced Systems IPO: More Details
The C2C Advanced Systems IPO is completely a fresh problem of 43.84 lakh shares.
The IPO, which was opened up on November 22, is offered for public membership till November 26, 2024. Its part is anticipated to be settled on Wednesday, November 27, 2024. The shares was initially chosen to be noted on the NSE SME on November 29, 2024, it will certainly be delayed as Sebi stated the listing cant take place unless an independent auditor is designated and the auditor sends the record to NSE or Sebi.
The cost band of the C2C Advanced Systems IPO has actually been taken care of at Rs 214 to Rs 226 per share. The minimal great deal dimension for an application is 600 shares. The minimal quantity of financial investment called for by retail financiers is Rs 135,600. The minimal great deal dimension financial investment for HNI is 2 great deals (1,200 shares) totaling up to Rs 271,200.
Mark Corporate Advisors Private Limited and Beeline Capital Advisors Pvt Ltd are guide running lead supervisors of the C2C Advanced Systems IPO, while Link Intime India Private Ltd is the registrar for the problem. The market manufacturer for C2C Advanced Systems IPO is Spread X Securities.
The business’s earnings enhanced by 412 percent and earnings after tax obligation (RUB) climbed by 327 percent in between the fiscal year finishing with March 31, 2024 and March 31, 2023.
