3C IT IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jun 04 to Jun 07 2024
Price Band
₹52
Current GMP
₹43.03(-17.30%)
Subscription
19.49 times
IPO Details
| IPO Date | June 4, 2024 to June 7, 2024 |
| Listing Date | Wednesday, June 12, 2024 |
| Face Value | ₹5 per share |
| Price | ₹52 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 2,200,000 shares (aggregating up to ₹11.44 Cr) |
| Fresh Issue | 1,700,000 shares (aggregating up to ₹8.84 Cr) |
| Offer for Sale | 500,000 shares of ₹5 (aggregating up to ₹2.60 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 4,320,000 |
| Share holding post issue | 6,020,000 |
| Market Maker portion | 112,000 shares Shreni Shares |
IPO Date
June 4, 2024 to June 7, 2024
Listing Date
Wednesday, June 12, 2024
Face Value
₹5 per share
Price
₹52 per share
Lot Size
2000 Shares
Total Issue Size
2,200,000 shares (aggregating up to ₹11.44 Cr)
Fresh Issue
1,700,000 shares (aggregating up to ₹8.84 Cr)
Offer for Sale
500,000 shares of ₹5 (aggregating up to ₹2.60 Cr)
Issue Type
Fixed Price Issue IPO
Listing At
BSE SME
Share holding pre issue
4,320,000
Share holding post issue
6,020,000
Market Maker portion
112,000 shares Shreni Shares
IPO Subscription Details
| Market Maker | 1 |
| Non-Institutional Buyers*** | 10.51 |
| Retail Investors | 28.46 |
| Total ** | 19.49 |
Market Maker
1
Non-Institutional Buyers***
10.51
Retail Investors
28.46
Total **
19.49
Day Wise Sub
| Day | NII* | Retail | Total |
|---|---|---|---|
| Day 1 Jun 4, 2024 | 0.22 | 1.36 | 0.79 |
| Day 2 Jun 5, 2024 | 0.59 | 5.28 | 2.94 |
| Day 3 Jun 6, 2024 | 1.35 | 11.76 | 6.56 |
| Day 4 Jun 7, 2024 | 10.51 | 28.46 | 19.49 |
DayDay 1
Jun 4, 2024
NII*0.22
Retail1.36
Total0.79
DayDay 2
Jun 5, 2024
NII*0.59
Retail5.28
Total2.94
DayDay 3
Jun 6, 2024
NII*1.35
Retail11.76
Total6.56
DayDay 4
Jun 7, 2024
NII*10.51
Retail28.46
Total19.49
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 12-06-2024 | 52.00 | 0(0.0%) | 52 |
| 11-06-2024 | 52.00 | 0(0.0%) | 52 |
| 10-06-2024 | 52.00 | 0(0.0%) | 52 |
| 09-06-2024 | 52.00 | 0(0.0%) | 52 |
| 08-06-2024 | 52.00 | 0(0.0%) | 52 |
| 07-06-2024 | 52.00 | 0(0.0%) | 52 |
| 06-06-2024 | 52.00 | 0(0.0%) | 52 |
| 05-06-2024 | 52.00 | 0(0.0%) | 52 |
| 04-06-2024 | 52.00 | 0(0.0%) | 52 |
| 03-06-2024 | 52.00 | 0(0.0%) | 52 |
| 02-06-2024 | 52.00 | 0(0.0%) | (0%) |
Date12-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date11-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date10-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date09-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date08-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date07-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date06-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date05-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date04-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date03-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price52
Date02-06-2024
Price52.00
GMP0(0.0%)
Estimate List Price(0%)
IPO Important Dates
| IPO Open Date | Tuesday, June 4, 2024 |
| IPO Close Date | Friday, June 7, 2024 |
| Basis of Allotment | Monday, June 10, 2024 |
| Initiation of Refunds | Tuesday, June 11, 2024 |
| Credit of Shares to Demat | Tuesday, June 11, 2024 |
| Listing Date | Wednesday, June 12, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 7, 2024 |
IPO Open Date
Tuesday, June 4, 2024
IPO Close Date
Friday, June 7, 2024
Basis of Allotment
Monday, June 10, 2024
Initiation of Refunds
Tuesday, June 11, 2024
Credit of Shares to Demat
Tuesday, June 11, 2024
Listing Date
Wednesday, June 12, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 7, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹104,000 |
| Retail (Max) | 1 | 2000 | ₹104,000 |
| HNI (Min) | 2 | 4,000 | ₹208,000 |
ApplicationRetail (Min)
Lots1
Shares2000
Amount₹104,000
ApplicationRetail (Max)
Lots1
Shares2000
Amount₹104,000
ApplicationHNI (Min)
Lots2
Shares4,000
Amount₹208,000
Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,898.43 | 2,886.14 | 3,465.47 |
| Revenue | 2,355.66 | 6,293.48 | 6,694.11 |
| Profit After Tax | 50.52 | 113.62 | 110.90 |
| Net Worth | 460.26 | 409.73 | 260.65 |
| Reserves and Surplus | 244.26 | 373.73 | 259.65 |
| Total Borrowing | 592.43 | 1,339.76 | 1,040.20 |
Period EndedPeriod Ended
31 Dec 202331 Dec 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Dec 20231,898.43
31 Mar 20232,886.14
31 Mar 20223,465.47
Period EndedRevenue
31 Dec 20232,355.66
31 Mar 20236,293.48
31 Mar 20226,694.11
Period EndedProfit After Tax
31 Dec 202350.52
31 Mar 2023113.62
31 Mar 2022110.90
Period EndedNet Worth
31 Dec 2023460.26
31 Mar 2023409.73
31 Mar 2022260.65
Period EndedReserves and Surplus
31 Dec 2023244.26
31 Mar 2023373.73
31 Mar 2022259.65
Period EndedTotal Borrowing
31 Dec 2023592.43
31 Mar 20231,339.76
31 Mar 20221,040.20
Key Performance Indicator
| RoNW | 10.98% |
| P/BV | 4.88 |
| PAT Margin (%) | 2.17 |
| EPS (Rs) | 8.87 |
RoNW
10.98%
P/BV
4.88
PAT Margin (%)
2.17
EPS (Rs)
8.87
IPO Reservation
| Anchor Investor Shares Offered | - |
| Market Maker Shares Offered | 112,000 (5.09%) |
| Other Shares Offered | 1,044,000 (47.45%) |
| Retail Shares Offered | 1,044,000 (47.45%) |
| Total Shares Offered | 2,200,000 (100%) |
Anchor Investor Shares Offered
-
Market Maker Shares Offered
112,000 (5.09%)
Other Shares Offered
1,044,000 (47.45%)
Retail Shares Offered
1,044,000 (47.45%)
Total Shares Offered
2,200,000 (100%)
Information about company
Incorporated in 2015, 3C IT Solutions & Telecoms (India) Limited is an IT systems integration company. The company offers various IT products and services bifurcated under 3 segments i.e. Infrastructure solutions, Digital business solutions, and Consulting solutions to meet the client requirements.
The company's product and services portfolio includes:
Infrastructure solutions: End User and Devices, Device Configuration, Data Protection, Computer Accessories, Networking Solutions, IT Security Solutions and Audio Video Solutions.
Digital business solutions: MDM- Mobile Device Management, Project Management Tools, Collaboration Software, Video Conferencing Tools, Sales Enablement Software, Cloud Implementation Services and more.
Consulting solutions: Facility Management System (FMS) Solutions, IT Infrastructure Renting Solutions, remote infrastructure management solutions, Multibrand Hardware Break-Fix Service and more.
3C IT offers the following solutions to their clients:
Data Storage Management.
Server infrastructure solutions that maximise IT investment and deliver high performance.
Customized network design and implementation solutions.
Security consolidation and optimisation to capitalise on the current investment.
Objectives of IPO
The company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:
1. Funding Working Capital Requirements of the Company
2. Repayment/ Prepayment of Certain Borrowings availed by the Company
3. General corporate purposes
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
Please read all Tearms and conditions , and agree to use the App