C2C Advanced System files Red Herring Prospectus

16 November 2024

This IPO process highlights a structured approach to attract institutional and retail investments while complying with regulatory requirements.

• Issue Size: The Initial Public Offering (IPO) comprises 43,83,600 equity shares with a face value of ₹10 each. This includes 2,19,600 equity shares reserved for the market maker and the remaining shares allocated to various investor categories, such as Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs).

• Anchor Investor Bidding: The IPO for C2C Advanced Systems Limited begins on November 21, 2024, exclusively for anchor investors. This ensures early institutional backing and helps gauge market sentiment before retail participation.
  
  
• Retail Investor Bidding: The IPO opens for retail investors and other non-anchor participants starting November 22, 2024, offering a broader opportunity for public investment.
  
  
• Listing Date: The company's equity shares are set to be listed on the NSE EMERGE platform on November 29, 2024, marking its official entry into the public trading space.