C2C Advanced Systems IPO is the talk of the town, but what's this about postponements? Get the latest scoop on subscriptions and the grey market!
C2C Advanced Systems has officially launched its initial public offering (IPO) on November 22, creating quite the buzz among retail investors. With a price range set between ₹214 and ₹226, the company aims to raise an impressive ₹99.07 crore. This tech firm stepped into the spotlight on the NSE-Emerge platform, and the excitement has been palpable as retail investors are showing overwhelming enthusiasm. Just two days into the offer, things are heating up and investors are scrambling to grab their stake!
However, the thrill of the IPO sees a delay in the listing of C2C Advanced Systems' equity shares. The Securities and Exchange Board of India (SEBI) has ordered the company to take a pause, citing the need for an audit. This unexpected postponement was confirmed recently, leaving investors in anticipation about the timeline. The listing delay could be a bumpy ride for those eager to see their investments take off, but it’s crucial for the company to ensure all I’s are dotted and T’s are crossed.
In a surprising twist, C2C Advanced Systems has gained major traction in the grey market, where unlisted shares were trading at an astounding ₹471 apiece—showing a remarkable premium of ₹245 or 108.41% over the upper band of the offer price! This soaring figure indicates the high demand and excitement surrounding the IPO, even amidst the uncertainty of its listing date. It's clear retail investors are betting big on the future of C2C Advanced Systems, often viewing such listings as golden opportunities for quick gains.
So, what does all of this mean for investors? Well, the subscription status is mind-blowing, with the IPO being oversubscribed nearly 107.59 times as of the second day! This massive enthusiasm is a strong statement of faith by the investing community in C2C Advanced Systems’ potential growth and future prospects. The company intends to use these funds primarily for capital expenditure and working capital needs, which could pave the way for their continued innovation in the tech industry.
Interestingly, despite the delay, IPO excitement is high in India, with many investors eager to jump into the market as the new year approaches. With several tech companies lining up for IPOs, this trend appears to be a positive sign for the Indian economy. Meanwhile, did you know that in 2021, the Indian IPO market saw a surge of over 250% compared to previous years, a trend that seems to be continuing strong into 2023? So, buckle up, folks—it's going to be an exciting ride!
C2C Advanced Systems IPO opened on November 22, priced between ₹214-226. The IPO aims to raise ₹99.07 crore and the listing date is expected on November ...
Bengaluru-based C2C Advanced Systems' initial public offering (IPO) enters day 2 on the NSE-Emerge platform with overly enthusiastic responses from retail ...
C2C Advanced Systems Ltd. on Monday postponed the listing of its equity shares after the Securities and Exchange Board of India ordered it to appoint ...
C2C Advanced Systems IPO GMP: Unlisted shares of C2C Advanced Systems Ltd were trading at Rs 471 apiece in the grey market, which is a huge Rs 245 or 108.41 ...
C2C Advanced Systems IPO, meant to support capital expenditure and working capital needs, will be delayed until the audit is complete.
Technology company C2C Advanced Systems was set to enter the SME listed space soon. Get more IPO News and Business News on Zee Business.
The price band is set at ₹214 to ₹226 per share with a face value of ₹10. C2C Advanced Systems IPO Subscription Status. C2C Advanced Systems IPO Subscribed ...
C2C Advanced Systems postpones IPO listing due to regulatory directive, prompting actions including appointment of independent auditors.
C2C Advanced Systems IPO: Know How to Withdraw Your IPO Application for C2C Advanced Systems After The Listing Date Is Postponed.
Notice Date: Date: 25th Nov 2024. Dear Investor, “We refer to the directions received from National Stock Exchange of India Limited (“NSE”), vide letter no.
C2C Advanced Systems has postponed its share listing following directives from NSE and SEBI, which require the appointment of independent auditors and a ...
C2C Advanced Systems IPO Listing Date: The withdrawal window for QIB and NII categories will remain open until 4:00 PM, while the retail category can ...
सी2सी एडवांस्ड सिस्टम्स लिमिटेड (C2C Advanced Systems Limited) की तरफ से इस पर बयान दिया गया है कि कंपनी SEBI के निर्देशों पर अपने शेयरों ...
C2C एडवांस्ड सिस्टम्स के आईपीओ को जबरदस्त रिस्पॉन्स मिला है। कंपनी के आईपीओ को दूसरे दिन तक 108 गुना से अधिक सब्सक्राइब कर ...
C2C Advanced Systems IPO GMP ने भी धूम मचा रखी है. बाजार विश्लेषकों के अनुसार अनलिस्टेड मार्केट में जीएमपी 245 रुपये है जो इश्यू प्राइस की ...
C2C Advanced Systems IPO Listing Postponed: मार्केट रेगुलेटर सेबी (SEBI) ने सी2सी एडवांस्ड सिस्टम्स के इनीशियल पब्लिक ऑफर (IPO) की लिस्टिंग ...
C2C Advanced Systems has allowed investors to withdraw bids from its SME IPO after a Sebi notice. The issue, closing today, was oversubscribed by nearly 97 ...
SEBI action against SME IPO: As per its IPO papers filed with market regulator SEBI, the SME IPO of C2C Advanced Systems was expected to get listed on the ...
C2C Advanced Systems Ltd., which launched one of the biggest SME IPOs this year, has postponed the listing of its shares after receiving directives from ...
C2C Advanced Systems IPO: सी2सी एडवांस्ड सिस्टम्स (पूर्व नाम सी2सी-डीबी सिस्टम्स प्राइवेट लिमिटेड) स्वदेशी डिफेंस प्रोडक्ट्स के लिए ...
C2C Advanced Systems IPO was subscribed 116 times despite Sebi's concerns regarding its auditing. Investors have a withdrawal window till November 28.
C2C Advanced Systems IPO: सी2सी एडवांस्ड सिस्टम्स लिमिटेड आईपीओ को लिस्टिंग से पहले ही तगड़ा झटका लगा है। कंपनी शेयर बाजार रेगुलेटरी के ...
सी2सी एडवांस्ड सिस्टम्स लिमिटेड आईपीओ (C2C Advanced Systems IPO) को निवेशकों की ओर से पहले ही दिन से बेहतरीन रिस्पॉन्स मिला और यह ...