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    Home - Business - C2C Advanced Systems Limited raised Rs 28.23 Crore via Anchor Investors Prior to IPO Launch
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    C2C Advanced Systems Limited raised Rs 28.23 Crore via Anchor Investors Prior to IPO Launch

    Abizar AttariBy Abizar AttariNovember 23, 2024Updated:November 23, 2024No Comments1 Min Read
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    Mumbai (Maharashtra) [India], November 22: C2C Advanced Systems Limited specializes in development of complex systems for defence, homeland security and aerospace sectors, successfully secured a capital infusion of ₹ 28.23 crore through anchor book process on November 21, 2024 just ahead of the company’s scheduled IPO launch. According to the exchange filing, 8 esteemed investors participated in the anchor book offering. These notable investors include:

    1. Aarth AIF
    2. Bengal Finance & Investment Pvt. Ltd.
    3. J4S Venture Fund- I
    4. Kingsman Wealth Fund PCC KIF – II
    5. LC Radiance Fund VCC,
    6. NAV Capital VCC – NAV Capital Emerging Star Fund,
    7. Negen Undiscovered Value Fund
    8. Shine Star Build Cap Pvt. Ltd.

    C2C Advanced Systems Limited has allocated a total of12,49,200 Equity Shares to these anchor investors, with each share priced at ₹ 226. This calculated pricing highlights the strong investor confidence in the company’s prospects and its position in the market.

    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.

    C2C Advanced Systems
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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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