IPO Issue Details
Issue Price / Price Band₹52 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size22,00,000 shares (aggregating up to ₹11.44 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 04 Jun 2024
Subscription CloseFri, 07 Jun 2024
Anchor AllotmentMon, 03 Jun 2024
Basis of AllotmentMon, 10 Jun 2024
Initiation of RefundsFri, 14 Jun 2024
Credit of Shares to DematTue, 11 Jun 2024
Listing DateWed, 12 Jun 2024
UPI Mandate Deadline2024-06-07
Application & Investment Details
Retail — Min (1 Lots)₹1,04,000 — 2,000 shares
Retail — Max (13 Lots)₹1,352,000 (13 Lots)
HNI — Min (2 Lots)₹2,08,000 — 4,000 shares
EPS (Pre-IPO)₹8.87
EPS (Post-IPO)₹1.12
P/E Ratio (Pre-IPO)5.86x
P/E Ratio (Post-IPO)46.47x
Net Offer to Public20,88,000 shares (aggregating up to ₹10.86 Cr)
Reserved for Market Maker1,12,000 shares (aggregating up to ₹0.5824 Cr)
Pre-IPO Promoter Holding43,20,000 shares
Post-IPO Promoter Holding60,20,000 shares
Fresh Issue Shares15,88,000 shares (aggregating up to ₹8.26 Cr)
Offer for Sale Shares5,00,000 shares of ₹5 (aggregating up to ₹2.60 Cr)
About 3C IT Solutions & Telecoms (India) Ltd
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.
Objects of the Issue
3C IT Solutions & Telecoms (India) Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
1. Funding Working Capital Requirements of the Company
2
2. Repayment/ Prepayment of Certain Borrowings availed by the Company
3
3. General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
43,20,000 shares
Post-IPO Promoter Holding
60,20,000 shares