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    Home - Business - C2C Advanced Systems Limited IPO closed on November 26, 2024
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    C2C Advanced Systems Limited IPO closed on November 26, 2024

    Abizar AttariBy Abizar AttariNovember 27, 2024No Comments1 Min Read
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    Mumbai (Maharashtra) [India], November 27: C2C Advanced Systems Limited has successfully concluded its Initial Public Offering (IPO) on 26th November, raising ₹8,257.61 crore with an oversubscription of 125.35 times. The IPO received substantial participation across investor categories: the Qualified Institutional Buyers segment was oversubscribed 31.61 times with ₹594.95 crore procured, Non-Institutional Investors oversubscribed 233.13 times with ₹3,290.81 crore procured, and Retail Individual Investors oversubscribed 132.73 times, procuring ₹4,371.85 crore. The funds raised will be used to enhance operations, expand market presence and support innovation.

    The shares are set to be listed on the stock exchanges on 3rd December, marking a significant milestone for the company.

    Mark Corporate Advisors Private Limited & Beeline Capital Advisors Private Limited are the Book Running Lead Managers to the Issue, while Link Intime India Private Limited is Registrar to the Issue.

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

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    Abizar Attari
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    I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.

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