C2C Advanced Systems Ltd - IPO

C2C Advanced Systems Ltd IPO Details

Initial public issue of 43,83,600 equity shares of face value of Rs. 10.00 each (Equity Shares) of C2C Advanced Systems Limited (the Company or the Issuer) for cash at a price of Rs. 226 per equity share including a share premium of Rs. 216 per equity share (the Issue Price) aggregating to Rs. 99.07 crores (The Issue) of which 2,19,600 equity shares aggregating to Rs. 4.96 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 41,64,000 equity shares aggregating to Rs. 94.11 crores (the Net Issue). The issue and the net issue will constitute 26.34% and 25.02% respectively of the post issue paid-up equity share capital of the company.

Objective of issue

Towards purchase of fixed assets (both hardware and software) for its existing operation and Dubai Experience Centre. Towards Fit-outs at its new premises at Bengaluru and Experience Centre at Dubai. Towards security deposti for its new premises at. Funding working capital requirements of the company. General corporate purposes.

C2C Advanced Systems Ltd Contact Details

C2C Advanced Systems Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@c2c-as.com

Website - www.c2c-as.com